SOLUTION: A plant can manufacture 50 golf clubs per day at a total daily cost of $5187 and 70 golf clubs per day for a total cost of $6587. (A). Assuming that daily cost and production ar

Algebra ->  Customizable Word Problem Solvers  -> Misc -> SOLUTION: A plant can manufacture 50 golf clubs per day at a total daily cost of $5187 and 70 golf clubs per day for a total cost of $6587. (A). Assuming that daily cost and production ar      Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


    

Question 1143928: A plant can manufacture 50 golf clubs per day at a total daily cost of $5187 and 70 golf clubs per day for a total cost of $6587.
(A). Assuming that daily cost and production are linearly related, find the total daily cost, C, of producing x golf clubs.
(B).Graph the total daily cost for 0< x < 200
(C). Interpret the slope and y intercept of the cost equation
Answer by josgarithmetic(39617) About Me  (Show Source):
You can put this solution on YOUR website!
-----------------------------------------------------------------------
A plant can manufacture 50 golf clubs per day at a total daily cost of $5187 and 70 golf clubs per day for a total cost of $6587.
(A). Assuming that daily cost and production are linearly related, find the total daily cost, C, of producing x golf clubs.

(C). Interpret the slope and y intercept of the cost equation
---------------------------------------------------------------------

Points (x,C):
(50,5187) and (70,6587)

m=%286587-5187%29%2F%2870-50%29
m=70
-
C-5187=70%28x-50%29
C=70%28x-50%29%2B5187
C=70x-3500%2B5187
highlight%28C=70x%2B1687%29
-
Fixed daily cost is $1687, and the cost per club is 70 dollars.