document.write( "Question 79956: 40. The cost in millions of dollars for a company to manufacture x thousand automobiles is given by the function C(x) = 4x2-40x+225. Find the number of automobiles that must be produced to minimize cost.
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Algebra.Com's Answer #57337 by doctor_who(15)\"\" \"About 
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A quadratic equation (like the one you have here) forms a \"U\" or \"n\" shaped curve. For the \"U\" type, there is a minimum value at the bottom of the \"U\" and likewise for the \"n\" shape, there is a maximum value at the top of the \"n\". The actual shape of the graph (ie a \"U\" or an \"n\" shape) depends on the rest of the numbers in the equation.
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\n" ); document.write( "At the minumum (OR MAXIMUM) value of a function, a tangent drawn across the curve at that point will be flat. Which is another way of saying the gradient of the curve at that point is zero.
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\n" ); document.write( "How to find gradients of curves ? Take the first derivative (ie \"differentiate it\")\r
\n" ); document.write( "\n" ); document.write( "so C = 4x^2 - 40x + 225 \r
\n" ); document.write( "\n" ); document.write( "dC/dx = 8x - 40\r
\n" ); document.write( "\n" ); document.write( "At the minimum point, dC/dx will equal zero, so :\r
\n" ); document.write( "\n" ); document.write( "0 = 8x - 40\r
\n" ); document.write( "\n" ); document.write( "So 8x = 40
\n" ); document.write( "Therefore x = 5 [thousand automobiles] (ANSWER)
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\n" ); document.write( "Incidentally, how do we know that this gives a minimum cost and not a maximum one ? If you differentiate the equation again you get d2C/dx2 = 8 which is positive. So it is a minimum.
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