document.write( "Question 118254This question is from textbook Elementary and Intermediate Algebra
\n" ); document.write( ": Minimizing cost.\r
\n" ); document.write( "\n" ); document.write( "A company uses the formula C(x)=0.02x2-3.4x+150 to model the unit cost in dollars for producing x stabilizer bars. For what number of bars is the unit cost at its minimum? What is the unit cost at that level of production.
\n" ); document.write( "

Algebra.Com's Answer #86361 by stanbon(75887)\"\" \"About 
You can put this solution on YOUR website!
A company uses the formula C(x)=0.02x^2-3.4x+150 to model the unit cost in dollars for producing x stabilizer bars. For what number of bars is the unit cost at its minimum? What is the unit cost at that level of production.
\n" ); document.write( "-------------------
\n" ); document.write( "Minimum occurs when x = -b/2a = 3.4/(0.04) = 85
\n" ); document.write( "-------------
\n" ); document.write( "Unit cost at that level is C(85) = 0.02(85^2)-3.4(85)+150 = $5.50
\n" ); document.write( "===============
\n" ); document.write( "Cheers,
\n" ); document.write( "Stan H.
\n" ); document.write( "
\n" );