In order to find the number of chips that would result in the minimum cost, we take the first derivative of the given equation. Note that the derivative refers to the slope of the graph at a given point. We can utilize this concept knowing that at the minimum or maximum point of a graph, the slope is zero.
Taking the derivative of the given equation and equating it to zero, we have:
y' = (0.000015)(2)x - (0.03)x° + 0
0 = (0.00003)x - 0.03
Solving for x or the number of chips produced, we have x = 1000. We then substitute this value in the given equation, such that,
y = (0.000015)(1000)² - (0.03)(1000) + 35
The minimized cost, y, to produce 1000 chips is then calculated to be $20.
For the first one his car used 8/340 or 2/85 gallons for one mile.
After the fix, his car 7/350 or 1/50 gallons for one mile.
Then you subtract 1/50-2/85 to get (17-10)/850 or 7/850.
You multiply this by 4 to get 28/850 which is $0.0329411
Since it is asking for cents you multiply by 100 to get approximately 3 cents.
1. 87.5 you have to multiply
2. Its 35 because you have to multiply
Six million and seventy two hundred. 6.0072 x 10*
*=6