Answer:
B. A two column table with five rows. The first column, x, has the entries, negative 3, negative 1, 1, 3. The second column, y, has the entries, 3, 1, negative 1, negative 3.
Answer:
$112.65
Step-by-step explanation:
7.25 x 8 = 58
58 + 54.65 = 112.65
9514 1404 393
Answer:
$562,500 per hour
Step-by-step explanation:
The cost will be a minimum where C'(x) = 0.
C'(x) = 0.56x -0.7 = 0
x = 0.7/0.56 = 1.25
The cost at that production point is ...
C(1.25) = (0.28×1.25 -0.7)1.25 +1 = -0.35×1.25 +1 = 0.5625
The minimum production cost is $562,500 per hour for production of 1250 items per hour.
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<em>Additional comment</em>
This is different than the minimum cost <em>per item</em>. This level of production gives a per-item cost of $450. The minimum cost per item is $358.30 at a production level of 1890 per hour.
