SOLUTION: AKI's Bicycle Shop designs has determined that when x hundred bicycles are built,the average cost per bicycle is given by c(x)=0.1x^2-0.4x+3.315 where C(x) is in hundreds of doll

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Question 334661: AKI's Bicycle Shop designs has determined that when x hundred bicycles are built,the average cost per bicycle is given by c(x)=0.1x^2-0.4x+3.315 where
C(x) is in hundreds of dollars. How many bicycles should the shop build to minimize the average cost per bicycle.
The shop should build__?__bicyles
Thank you
Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
AKI's Bicycle Shop designs has determined that when x hundred bicycles are built,the average cost per bicycle is given by c(x)=0.1x^2-0.4x+3.315 where
C(x) is in hundreds of dollars.
How many bicycles should the shop build to minimize the average cost per bicycle.
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c(x)=0.1x^2-0.4x+3.315
Quadratic Eq. with a = 0.1 and b = -0.4
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Minimum cost occurs when x = -b/2a = 0.4/0.1 = 4
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The shop should build__4__bicyles
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Cheers,
Stan H.
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