?A company operates 16 oil wells in a designated area. Each pump, on average, extracts

Chapter 4, Problem 70

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QUESTION:

A company operates 16 oil wells in a designated area. Each pump, on average, extracts 240 barrels of oil daily. The company can add more wells but every added well reduces the average daily output of each of the wells by 8 barrels. How many wells should the company add in order to maximize daily production?

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QUESTION:

A company operates 16 oil wells in a designated area. Each pump, on average, extracts 240 barrels of oil daily. The company can add more wells but every added well reduces the average daily output of each of the wells by 8 barrels. How many wells should the company add in order to maximize daily production?

ANSWER:

Step 1 of 2

Expression for the total wells

Expression for barrels

Expression for the total output

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