document.write( "Question 435471: The cost C (in dollars) of manufacturing x chairs at Maya's Furniture Factory is given by the function C(x)=0.6x^2-336x+57,718 . What is the minimum cost of manufacturing chairs? \n" ); document.write( "
Algebra.Com's Answer #301389 by lwsshak3(11628)![]() ![]() ![]() You can put this solution on YOUR website! The cost C (in dollars) of manufacturing x chairs at Maya's Furniture Factory is given by the function C(x)=0.6x^2-336x+57,718 . What is the minimum cost of manufacturing chairs? \n" ); document.write( ".. \n" ); document.write( "What we need to do here is change this quadratic equation which represents a parabola which opens upwards into the standard form, y=(x-h)^2+k, with (h,k) being the (x,y) coordinates of the vertex. The y-value would be the minimum cost in this case. An alternative method is the use the formula, x=-b/2a, with x being the x coordinate of the vertex. To find the minimum, just plug this x-value into the original equation and solve for C(x). I will do both methods. \n" ); document.write( ".. \n" ); document.write( "0.6x^2-336x+57,718 \n" ); document.write( "completing the square, factoring out 0.6) \n" ); document.write( ".6(x^2-560x+57718) \n" ); document.write( "(560/2)^2=78400 \n" ); document.write( ".6(x^2-560x+78400)+57718-47040 \n" ); document.write( ".6(x-280)^2+10678 \n" ); document.write( "ans: \n" ); document.write( "The minimum cost is $10678 when 280 chairs are made. \n" ); document.write( ".. \n" ); document.write( "Alternate method: \n" ); document.write( "a=.6 \n" ); document.write( "b=-336 \n" ); document.write( "x=-b/2a=-(-336)/2*.6=336/1.2=280 \n" ); document.write( "C(x)=0.6x^2-336x+57,718=.6(280)-336(280)+57718 \n" ); document.write( " =47040-94080+57718=10678\r \n" ); document.write( "\n" ); document.write( "In this case the second method might be easier. You should learn both methods, however. \n" ); document.write( " |