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We have a production optimization curve that is represented by this equation: P(x) = -0.025x^2- .5x + 60. There is a materials provision curve...
We have a production optimization curve that is represented by this equation: P(x) = -0.025x^2- .5x + 60. There is a materials provision curve represented by the equation: 0.02x^2 + .6x+ 20.
Find the equilibrium point between the curves using Solver in Excel.
x=P(x) = 060 P(X)= 20