SOLUTION: Aki's Bicycle Designs has determined that when x hundred bicycles are built, the average cost per bicycle is given by C(x)=0.1x^2-0.5x+6.47, where C(x) is in hundreds of dollars. H
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Question 397091: Aki's Bicycle Designs has determined that when x hundred bicycles are built, the average cost per bicycle is given by C(x)=0.1x^2-0.5x+6.47, where C(x) is in hundreds of dollars. How many bicycles should the shop build to minimize the average cost per bicycles.
Answer by josmiceli(19441) (Show Source): You can put this solution on YOUR website!
To make math easier, I'm going to say
so, will be in dollars
In a quadratic equation the minimum occurs at
where the equation is of the form
dollars
250 bikes must be made to minimize cost at $584.50
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