SOLUTION: A soft-drink manufacturer has daily production costs of
C = 70,000 - 120x + 0.055x^2
where C is the total cost (in dollars) and x is the number of units produced. How many un
Question 4789: A soft-drink manufacturer has daily production costs of
C = 70,000 - 120x + 0.055x^2
where C is the total cost (in dollars) and x is the number of units produced. How many units should be produced each day to yield a minimum cost? Answer by rapaljer(4671) (Show Source):
You can put this solution on YOUR website! This graph is actually a parabola opening upward. The minimun cost will occur at the vertex, which is at , where a is the coefficient of and b is the coefficient of x. In this case, a=0.055 and b= -120.
Minimum cost = == = 1090.9 or 1091 units.
Things usually come out better than that, but then life doesn't always come out even, does it?
