SOLUTION: A toy factory produces wooden puzzles that get sold in toy stores. The cost per puzzle, C (in dollars), to produce the puzzles, p (in hundreds) on any given day is modeled by the c

Question 1013609: A toy factory produces wooden puzzles that get sold in toy stores. The cost per puzzle, C (in dollars), to produce the puzzles, p (in hundreds) on any given day is modeled by the cost function below.
C= 0.006p (squared) - 0.036p + 0.7
Find the number of puzzles that the factory should make each day to minimize the cost per puzzle
Answer by josmiceli(19441) (Show Source): You can put this solution on YOUR website!

is plotted on the vertical axis
is plotted on the horizontal axis
You need to find the point ( C,p ) where
is a minimum
-------------------------------
The formula for when is a
minimum is:
when the equation
is in the form:

---------------

-----------------
making 3 puzzles/day will minimize
the cost/puzzle
--------------------
check:
Here's the plot:

Answer could be right.
Plug and into the
equation and see if is NOT a minimum in each case
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