SOLUTION: The cost C (in dollars) of manufacturing x wheels at Deon's Bicycle Supply is given by the function C(x)= 0.1x^2-60x+22,744. What is the minimum cost of manufacturing wheels? Do no
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Question 856622: The cost C (in dollars) of manufacturing x wheels at Deon's Bicycle Supply is given by the function C(x)= 0.1x^2-60x+22,744. What is the minimum cost of manufacturing wheels? Do not round your answer. Answer by josmiceli(19441) (Show Source):
You can put this solution on YOUR website!
This is a parabola which has a minimum
Here's the plot: is plotted on the y-axis and
is rescaled to thousands of dollars
An initial guess would be
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When the form is: , the min ( or max ) is at
Now plug this value of back into equation:
The minimum cost is $13,744
