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The total cost of producing a type of car is given by C(x)=12000−40x+0.04x2, where x is the number of cars produced. How many cars should be produced to incur minimum cost?

Respuesta :

Answer:

Step-by-step explanation:

C'(x)=-40+0.08 x

C'(x)=0 gives

-40+0.08 x=0

x=40/0.08=500

C"(x)=0.08>0 at x=500

so C(x) is  minimum if x=500

so 500 cars need to be produced for minimum cost.

or we can solve by completing the squares.

c(x)=12000+0.04(x²-1000 x+250000-250000)

=12000+0.04(x-500)²-0.04×250000

=0.04 (x-500)²+12000-10000

=0.04(x-500)²+2000

c(x) is minimum if x=500

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