\(\mathrm{P(n) = -5(n - k)^2 + 405}\)A company's daily profit P(n), in thousands of dollars, is modeled by the function...
GMAT Advanced Math : (Adv_Math) Questions
A company's daily profit P(n), in thousands of dollars, is modeled by the function above, where n is the number of employees and k is the number of employees that maximizes profit. When 5 employees work, the profit is $280,000, and \(\mathrm{k \gt 5}\). What is the number of employees needed for the company to break even (\(\mathrm{profit = \$0}\)), given that this number is greater than k?
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9
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19
1. TRANSLATE the problem information
- Given information:
- \(\mathrm{P(n) = -5(n - k)^2 + 405}\) (profit function)
- When \(\mathrm{n = 5}\) employees, profit = \(\mathrm{\$280{,}000 = 280}\) thousand dollars
- \(\mathrm{k \gt 5}\) (constraint on k)
- Need to find n where profit = \(\mathrm{\$0}\) (break-even)
- This break-even point satisfies \(\mathrm{n \gt k}\)
2. SIMPLIFY to find the value of k
- Substitute the known condition \(\mathrm{P(5) = 280}\):
\(\mathrm{280 = -5(5 - k)^2 + 405}\)
- Solve step by step:
\(\mathrm{-125 = -5(5 - k)^2}\)
\(\mathrm{25 = (5 - k)^2}\)
\(\mathrm{\pm 5 = 5 - k}\)
- This gives us two possibilities: \(\mathrm{k = 0}\) or \(\mathrm{k = 10}\)
3. APPLY CONSTRAINTS to determine k
- Since \(\mathrm{k \gt 5}\), we must have \(\mathrm{k = 10}\)
4. TRANSLATE the break-even condition
- Break-even means profit = 0, so set \(\mathrm{P(n) = 0}\):
\(\mathrm{0 = -5(n - 10)^2 + 405}\)
5. SIMPLIFY to solve for n
- Rearrange the equation:
\(\mathrm{5(n - 10)^2 = 405}\)
\(\mathrm{(n - 10)^2 = 81}\)
- Take the square root of both sides:
\(\mathrm{n - 10 = \pm 9}\)
- This gives us \(\mathrm{n = 19}\) or \(\mathrm{n = 1}\)
6. APPLY CONSTRAINTS to select the final answer
- We need \(\mathrm{n \gt k = 10}\)
- Since \(\mathrm{19 \gt 10}\) but \(\mathrm{1 \lt 10}\), the answer is \(\mathrm{n = 19}\)
Answer: D (19)
Why Students Usually Falter on This Problem
Most Common Error Path:
Weak TRANSLATE skills: Students may misinterpret "\(\mathrm{\$280{,}000}\)" as 280,000 instead of 280 (thousands of dollars), leading to incorrect equation setup: \(\mathrm{280{,}000 = -5(5 - k)^2 + 405}\). This creates an impossible equation since the maximum value of the function is 405 thousand dollars. This leads to confusion and guessing.
Second Most Common Error:
Inadequate APPLY CONSTRAINTS execution: Students correctly find \(\mathrm{k = 10}\) and the two break-even points \(\mathrm{n = 1}\) and \(\mathrm{n = 19}\), but forget to apply the constraint \(\mathrm{n \gt k}\). They might select the first solution they calculate. This may lead them to select Choice A (1).
The Bottom Line:
This problem tests whether students can work systematically through a multi-step quadratic application while carefully tracking units and applying multiple constraints. The key insight is recognizing that both finding k and finding the break-even point involve solving quadratic equations, and each step requires applying given constraints to select the correct solution.
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19