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(Solved): he profit generated by an information technology consulting firm can be modeled as P(x,y)=2x2+48 ...
he profit generated by an information technology consulting firm can be modeled as P(x,y)=−2x2+48x+216y−9y2 millon dollars here x thousand hours are logged by on-site desktop engineers and y thousand hours are logged by network systems engineers. (a) Calculate the point of maximized profit. x=x thousand hours y=x thousand hours (b) Verify that the result of part (a) is a maximum point. Find the second partials. Pxx=Pxy=,Pyy=,Pyx= Using the Determinant Test, D(x,y)= . Since D 0 and Pxx 0 , the critical point is a relative maximum.