Real World Quadratic Functions Essay Example | Topics and Well Written Essays - 500 words

Real World Quadratic Functions - Essay Example Borrowing from Harshberger and Reynolds (2013), with a > 0, the parabola would open upwards as opposed to when a It would be deduced from this graph that with no clerks working, there would no profits made just as there would be no profits made with the engagement of 12 clerks. Maximum profit would be achieved with 6 clerks working. This function gives a graph whose relevance only holds in the first quadrant. Quadratic functions play a critical role in business cases with managers using these functions to determine the amount of workforce or units needed to obtain the greatest possible profit returns (Harshberger & Reynolds, 2013). Similarly, they help in forecasting the expected profits or losses hence assist in planning. These functions vary from one company to another thus the importance of each manager to determine the function that truly reflects the operations of the managed firm. Quadratic functions would be applied in various real world situations to find meaningful solutions. In this assignment, its usefulness in determining the maximum profit and how to maximize profits in a business entity has been illustrated. From this, it would be noted that solving a quadratic function problem requires the determination of vertex or description of the parabola’s