SOLUTION: The cost in millions of dollars for a company to manufacture x thousand automobiles is given by the function C(x) =4x^2-16x+32. Find the number of automobiles that must be produced

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 Click here to see ALL problems on Miscellaneous Word Problems Question 115169: The cost in millions of dollars for a company to manufacture x thousand automobiles is given by the function C(x) =4x^2-16x+32. Find the number of automobiles that must be produced to minimize the cost.Answer by scott8148(6628)   (Show Source): You can put this solution on YOUR website!the minimum for this function (a parabola) lies on the axis of symmetry (at the vertex) the equation for the axis of symmetry is x=-b/2a x=-(-16)/(2*4)