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A small factory makes bars of soap - Edexcel - A-Level Maths Pure - Question 8 - 2019 - Paper 2

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A small factory makes bars of soap. On any day, the total cost to the factory, £y, of making x bars of soap is modelled to be the sum of two separate elements: - a... show full transcript

Worked Solution & Example Answer:A small factory makes bars of soap - Edexcel - A-Level Maths Pure - Question 8 - 2019 - Paper 2

Step 1

Write down a general equation linking y with x, for this model.

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Answer

To model the total cost, we define the equation as:

y=k+cxy = k + cx

where:

  • kk is the fixed cost
  • cc is the variable cost per bar of soap
  • xx is the number of bars of soap made.

Step 2

show that y = 0.84x + 428

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Answer

Given the profits, we can derive two equations:

  1. For 800 bars:

y=2(800)500y = 2(800) - 500

which simplifies to:

y=1600500y = 1600 - 500

leading to:

y=1100y = 1100

  1. For 300 bars:

y=2(300)+80y = 2(300) + 80

which simplifies to:

y=600+80y = 600 + 80

leading to:

y=680y = 680

Now, substituting into the linear equation y=k+cxy = k + cx gives us:

1100=k+800c1100 = k + 800c 680=k+300c680 = k + 300c

Solving these two equations by elimination leads to:

After subtracting the second from the first,

1100680=800c300c1100 - 680 = 800c - 300c 420=500c420 = 500c c=0.84c = 0.84

By substituting c=0.84c = 0.84 back into either equation, say 680=k+300(0.84)680 = k + 300(0.84),

we find:

680=k+252680 = k + 252 k=680252=428k = 680 - 252 = 428

Thus:

y=0.84x+428y = 0.84x + 428

Step 3

With reference to the model, interpret the significance of the value 0.84 in the equation.

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Answer

The value 0.84 represents the variable cost of producing each additional bar of soap. It quantifies the incremental cost incurred for each unit produced, signifying that for each bar made, the factory incurs an expense of £0.84.

Step 4

find the least number of bars of soap that must be made on any given day for the factory to make a profit that day.

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Answer

To find the least number of bars, we set the profit to be greater than 0:

extRevenueextCost>0 ext{Revenue} - ext{Cost} > 0

The revenue from selling xx bars is:

2x2x

The total cost is:

y=0.84x+428y = 0.84x + 428

Setting the equation for profit gives:

2x(0.84x+428)>02x - (0.84x + 428) > 0

Simplifying:

2x0.84x428>02x - 0.84x - 428 > 0 1.16x>4281.16x > 428 x > rac{428}{1.16}

Calculating:

x>369.0x > 369.0

Thus, the least number of bars that must be produced is 370.

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