The cost C in dollars of manufacturing x bicycles at a production plant is given by the function shown below.
1 answer:
Answer:
- Minimum 100 bicycles
- Minimum cost is 13500
Step-by-step explanation:
<u>Given function:</u>
- C(x) = 3x^2- 600x + 43500
a.
Minimum cost is obtained at vertex.
Vertex is determined by formula x = -b/2a, in standard form of
f(x) = ax^2 + bx + c
<u>Vertex of the given function is:</u>
b.
<u>Cost at vertex is:</u>
- C(100) = 3*100^2 - 600*100 + 43500 = 13500
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