SOLUTION: A company uses the fomula C(x)= 0.02x^2-3.4x+150 to model the unit cost in dollars for producing x stabilizer bars. For what number of bars is the unit cost at its maximum? What is
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Question 123330: A company uses the fomula C(x)= 0.02x^2-3.4x+150 to model the unit cost in dollars for producing x stabilizer bars. For what number of bars is the unit cost at its maximum? What is the unit of cost at the level of production?
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
A company uses the fomula C(x)= 0.02x^2-3.4x+150 to model the unit cost in dollars for producing x stabilizer bars. For what number of bars is the unit cost at its maximum? What is the unit of cost at the level of production?
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maximum occurs when x = -b/2a = 3.4/(2*0.02) = 85
Unit cost is then C(85)= 5.5
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Cheers,
Stan H.
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