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.
Answer:
It is C) 110° I just did it on USA Testprep
Answer:
4y-x-3 = 0
Step-by-step explanation:
Slope = 0.500/2.000 = 0.250
x-intercept = 3/-1 = -3.00000
y-intercept = 3/4 = 0.75000
$12 5 times 3 is 15 -20% is $12
Answer:
89 rooms should be set for early book customer
Step-by-step explanation:
According to the given data we have the following:
OVERAGE(CO) = 200
SHORTAGE(CS) = 500
In order to calculate how many rooms should be set for early book customer we would have to use the following formula:
OPTIMAL BOOKING = MEAN + (Z * STDEV)
MEAN = 75
STDEV = 25
SERVICE LEVEL= CS / (CS + CO) = 500 / (500 + 200) = 0.7143
Z VALUE FOR 0.7143 = 0.57
OPTIMAL BOOKING = 75 + (0.57 * 25) = 89
89 rooms should be set for early book customer
