SOLUTION: Suppose that the cost function for the production of a particular item is given by the equation C(x) = 2x2– 320x + 12,020, where x represents the number of items. How many items sh
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Question 1079995: Suppose that the cost function for the production of a particular item is given by the equation C(x) = 2x2– 320x + 12,020, where x represents the number of items. How many items should be produced to minimize the cost?
I want someone to teach me how to do this question. Thanks!!
Answer by ikleyn(52780) (Show Source): You can put this solution on YOUR website!
.
You want to find the minimum of the quadratic function C(x) = .
It is described in lessons
- HOW TO complete the square to find the minimum/maximum of a quadratic function
- Briefly on finding the minimum/maximum of a quadratic function
- HOW TO complete the square to find the vertex of a parabola
- Briefly on finding the vertex of a parabola
in this site.
There are numerous examples of similar solved problems.
See the lessons
- A rectangle with a given perimeter which has the maximal area is a square
- A farmer planning to fence a rectangular garden to enclose the maximal area
- A farmer planning to fence a rectangular area along the river to enclose the maximal area
- A rancher planning to fence two adjacent rectangular corrals to enclose the maximal area
- Using quadratic functions to solve problems on maximizing revenue/profit
in this site.
Also, you have this free of charge online textbook in ALGEBRA-I in this site
- ALGEBRA-I - YOUR ONLINE TEXTBOOK.
The referred lessons are the part of this textbook under the topic "Finding minimum/maximum of quadratic functions".
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