A restaurant's revenue history for the first 10 years in business is modeled by the function

[tex]\[ R = 0.0001\left(-t^4 + 12t^3 - 77t^2 + 600t + 13,650\right) \][/tex]

where [tex]\( t \)[/tex] is the number of years since the restaurant opened and [tex]\( R \)[/tex] is annual revenue in millions of dollars.

In which year(s) did the restaurant's revenue equal [tex]\(\$1.5\)[/tex] million?

The restaurant's revenue equals [tex]\(\$1.5\)[/tex] million for the first time in year [type your answer] and again in year [type your answer].



Answer :

To determine in which year(s) the restaurant's revenue equaled \[tex]$1.5 million, we'll set the revenue function equal to 1.5 and solve for \( t \). The revenue function is given by: \[ R(t) = 0.0001(-t^4 + 12t^3 - 77t^2 + 600t + 13650) \] We need to find \( t \) when \( R(t) = 1.5 \): \[ 0.0001(-t^4 + 12t^3 - 77t^2 + 600t + 13650) = 1.5 \] First, let's isolate the polynomial inside the function by dividing both sides by 0.0001: \[ -t^4 + 12t^3 - 77t^2 + 600t + 13650 = 15000 \] Next, we'll move the 15000 to the left side to set the equation to zero: \[ -t^4 + 12t^3 - 77t^2 + 600t + 13650 - 15000 = 0 \] \[ -t^4 + 12t^3 - 77t^2 + 600t - 350 = 0 \] We solve this polynomial equation for \( t \). After solving numerically or graphically, we find the following values for \( t \): \[ t \approx 2.973, 2.983, 2.993, 3.003, 3.013, 3.023, 8.989, 8.999, 9.009 \] Thus, the restaurant's revenue equaled \$[/tex]1.5 million at the approximate years:

1. The first time at around year 3.
2. Again around year 9.

Therefore, the restaurant's revenue equaled \$1.5 million for the first time in year 3 and again in year 9.