MATH133 Unit 2 IP 2A
MATH133 UNIT 2: Quadratic Equations
Individual Project Assignment: Version 2A
Show all of your work details for these calculations. Please review this Web site to see how to type mathematics using the keyboard symbols.
Problem 1: Modeling Profit for a Business
IMPORTANT: See Question 3 below for special IP instructions. This is mandatory.
Remember that the standard form for the quadratic function equation is y = f (x) = ax2 + bx + c and the vertex form is y = f (x) = a(x – h)2 + k, where (h, k) are the coordinates of the vertex of this quadratic function’s graph.
You will use P(x) = −0.2x2 + bx – c where (−0.2x2 + bx) represents the business’ variable profit and c is the business’s fixed costs.
So, P(x) is the store’s total annual profit (in $1,000) based on the number of items sold, x.
1. Choose a value between 100 and 200 for b. That value does not have to be a whole number. 2. Think about and list what the fixed costs might represent for your fictitious business (be creative). Start by choosing a fixed cost, c, between $5,000 and $10,000, according to the first letter of your last name from the values listed in the following chart:
If your last name begins with the letter
Choose a fixed cost between
A–E
$5,000–$5,700
F–I
$5,800–$6,400
J–L
$6,500–$7,100
M–O
$7,200–$7,800
P–R
$7,800–$8,500
S–T
$8,600–$9,200
U–Z
$9,300–$10,000
Page 1 of 4
3. Important: By Wednesday night at midnight, submit a Word document with only your name and your chosen values for b and c above in Parts 1 and 2. Submit this in the Unit 2 IP submissions area. This submitted Word document will be used to determine the Last Day of Attendance for government reporting purposes.
4. Replace b and c with your chosen values in Parts 1 and 2 in P(x) = −0.2x2 + bx − c. This is your quadratic profit model function. State that quadratic profit model functions equation. 5. Next, choose 5 values of x (number of items sold) between 500 and 1,000. Think about the general characteristics of
Individual Project Assignment: Version 2A
Show all of your work details for these calculations. Please review this Web site to see how to type mathematics using the keyboard symbols.
Problem 1: Modeling Profit for a Business
IMPORTANT: See Question 3 below for special IP instructions. This is mandatory.
Remember that the standard form for the quadratic function equation is y = f (x) = ax2 + bx + c and the vertex form is y = f (x) = a(x – h)2 + k, where (h, k) are the coordinates of the vertex of this quadratic function’s graph.
You will use P(x) = −0.2x2 + bx – c where (−0.2x2 + bx) represents the business’ variable profit and c is the business’s fixed costs.
So, P(x) is the store’s total annual profit (in $1,000) based on the number of items sold, x.
1. Choose a value between 100 and 200 for b. That value does not have to be a whole number. 2. Think about and list what the fixed costs might represent for your fictitious business (be creative). Start by choosing a fixed cost, c, between $5,000 and $10,000, according to the first letter of your last name from the values listed in the following chart:
If your last name begins with the letter
Choose a fixed cost between
A–E
$5,000–$5,700
F–I
$5,800–$6,400
J–L
$6,500–$7,100
M–O
$7,200–$7,800
P–R
$7,800–$8,500
S–T
$8,600–$9,200
U–Z
$9,300–$10,000
Page 1 of 4
3. Important: By Wednesday night at midnight, submit a Word document with only your name and your chosen values for b and c above in Parts 1 and 2. Submit this in the Unit 2 IP submissions area. This submitted Word document will be used to determine the Last Day of Attendance for government reporting purposes.
4. Replace b and c with your chosen values in Parts 1 and 2 in P(x) = −0.2x2 + bx − c. This is your quadratic profit model function. State that quadratic profit model functions equation. 5. Next, choose 5 values of x (number of items sold) between 500 and 1,000. Think about the general characteristics of