SOLUTION: The cost in C dollars of manufacturing 'x' bicycles at Holliday's Production Plant is given by the function
C(x) = 2x² - 800x + 92,000.
Find the minimum cost.
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-> SOLUTION: The cost in C dollars of manufacturing 'x' bicycles at Holliday's Production Plant is given by the function
C(x) = 2x² - 800x + 92,000.
Find the minimum cost.
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Question 953095: The cost in C dollars of manufacturing 'x' bicycles at Holliday's Production Plant is given by the function
C(x) = 2x² - 800x + 92,000.
Find the minimum cost. Answer by josmiceli(19441) (Show Source):
You can put this solution on YOUR website!
The minimum value of is
given by:
where:
The equation has the form:
The minimum is 200
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The minimum cost is $6,000
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Check:
Here's the plot:
