Asked by Mariana
The daily production costs C (in dollars per unit) for a manufacturer of lighting fixtures are given by the quadratic function C(X)=800-10X+0.25X2 where x is the number of units produced. How many fixtures should be produced to yield a minimum cost per unit?
Answers
Answered by
Steve
the minimum cost is found at the vertex of the parabola. As you recall, that is at x = -b/2a, or in this case
x = 10/.5 = 20
x = 10/.5 = 20
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