SOLUTION: Kindly assist .
The people welfare state wants to create a welfare agency . its attempting to determine the number of analyst to hire to process welfare applications . efficient
Question 63927: Kindly assist .
The people welfare state wants to create a welfare agency . its attempting to determine the number of analyst to hire to process welfare applications . efficient experts estimate that the average cost of processing an application is a function of the number of analyst . the cost function is of the form
C = f(x) = 0.01x^2 – 5 Ln x + 60
Determine the numbr of analyst who should be hired in order to minismize the avarage cost per application