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A company manufactures z units of one item and y units of another. The total cost in dollars, C, of producing these two items is approximated by the C = 7x² + 4xy + 4y² + 1000. (a) If the production quota for the total number of items (both types combined) is 98, find the minimum production cost. cost = (b) Estimate the additional production cost or savings if the production quota is raised to 99 or lowered to 97. production cost or savings =

A company manufactures z units of one item and y units of another. The total cost in dollars, C, of producing these two items is approximated by the C = 7x² + 4xy + 4y² + 1000. (a) If the production quota for the total number of items (both types combined) is 98, find the minimum production cost. cost = (b) Estimate the additional production cost or savings if the production quota is raised to 99 or lowered to 97. production cost or savings =

Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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A company manufactures a units of one item and y units of another. The total cost in dollars, C, of producing these two items is approximated by the function C = 7x² + 4xy + 4y² + 1000. (a) If the production quota for the total number of items (both types combined) is 98, find the minimum production cost. cost = (b) Estimate the additional production cost or savings if the production quota is raised to 99 or lowered to 97. production cost or savings =
Transcribed Image Text:A company manufactures a units of one item and y units of another. The total cost in dollars, C, of producing these two items is approximated by the function C = 7x² + 4xy + 4y² + 1000. (a) If the production quota for the total number of items (both types combined) is 98, find the minimum production cost. cost = (b) Estimate the additional production cost or savings if the production quota is raised to 99 or lowered to 97. production cost or savings =
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