2 Assignment Your job is to conduct a case study determining how many loads this business owner should target to maximize their profit. You will need to do the following: 1. Fill in the following table: Revenue, R(x) Cost, C(x) Profit/Loss, P(x) Washing Loads, x 100 200 300 400 500 600 700 800 900 If you incur a loss, make sure you denote the loss with a negative sign or with parenthesis. For example, for 20 washing loads, we incurred a loss of 412. So it would look like-412 or (412) in the table under Profit Loss. 2. Now find the vertex of the profit function. Is the vertex a maximum or a mini- mum? 3. Interpret the vertex you found in part(2), i.e., what is the maximum profit, and what is the number of washing machine loads that leads to the maximum profit? . 3 Tips I recommended doing the table in Excel so you don't have to do the calculations by hand. You might want to check a couple of them by hand to be sure. Make sure you write your vertex as a point in Question 2. You only have a week for this assignment, so use your time wisely. You do not need to show your calculations. For question 1, each row is worth 10 points apiece. Questions 2 and 3 are worth 5 points apiece. 2 Assignment Your job is to conduct a case study determining how many loads this business owner should target to maximize their profit. You will need to do the following: 1. Fill in the following table: Revenue, R(x) Cost, C(x) Profit/Loss, P(x) Washing Loads, x 100 200 300 400 500 600 700 800 900 If you incur a loss, make sure you denote the loss with a negative sign or with parenthesis. For example, for 20 washing loads, we incurred a loss of 412. So it would look like-412 or (412) in the table under Profit Loss. 2. Now find the vertex of the profit function. Is the vertex a maximum or a mini- mum? 3. Interpret the vertex you found in part(2), i.e., what is the maximum profit, and what is the number of washing machine loads that leads to the maximum profit? . 3 Tips I recommended doing the table in Excel so you don't have to do the calculations by hand. You might want to check a couple of them by hand to be sure. Make sure you write your vertex as a point in Question 2. You only have a week for this assignment, so use your time wisely. You do not need to show your calculations. For question 1, each row is worth 10 points apiece. Questions 2 and 3 are worth 5 points apiece