Solutions

In the formula  C=-2x2+240x

 

To find x, which can produce the maximum c, we can use the formula; X= -b/2a, i.e b= 240 , a=-2 = (-240)/2(-2) = 60

To find Maximum C, Substitute 60 for X. ie. C(maximum)= -2(60)2 +240(600=7200

The maximum possible cash $7200.00