SOLUTION: Aki's Bicycle Designs has determined that when x hundred bicycles are built, the average cost per bicycle is given by C(x)=0.2x^2-1.9x+10.614, where C(x) is in hundreds of dollars.
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Question 328143: Aki's Bicycle Designs has determined that when x hundred bicycles are built, the average cost per bicycle is given by C(x)=0.2x^2-1.9x+10.614, where C(x) is in hundreds of dollars. How many bicycles should the shop build to minimize the average cost per bicycle? The shop would build how many bicycles?
Answer by edjones(8007) (Show Source): You can put this solution on YOUR website!
0.2x^2-1.9x+10.614
Minimum at x=-b/2a
=-(-1.9)/2(.2)
=1.9/.4
x=4.75 minimum
So, 475 bicycles should be built to minimize the average cost per bicycle.
.
Ed
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