A plant can manufacture 50 golf clubs per day at a total daily cost of $4677 and 60 golf clubs per day for a total cost of $5277. (A) Assuming that daily cost and production are linearly related, find the total daily cost, C, of producing x golf clubs. (B) Graph the total daily cost for 0sxs 200. (C) Interpret the slope and y intercept of the cost equation.

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
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A.  C=?

B. GRAPH the cost

C. Interpret the slope and y intercept, from the below options.

1. the y intercept is the cost per club and slope is the fixed cost

2...the y intercept is the the fixed cost and the slope is the cost per club

3. the fixed cost and cost per club usm to the y intercept. the slope is the ratio of the two costs. 

A plant can manufacture 50 golf clubs per day at a total daily cost of $4677 and 60 golf clubs per day for a total cost of
$5277.
(A) Assuming that daily cost and production are linearly related, find the total daily cost, C, of producing x golf clubs.
(B) Graph the total daily cost for 0sxs 200.
(C) Interpret the slope and y intercept of the cost equation.
Transcribed Image Text:A plant can manufacture 50 golf clubs per day at a total daily cost of $4677 and 60 golf clubs per day for a total cost of $5277. (A) Assuming that daily cost and production are linearly related, find the total daily cost, C, of producing x golf clubs. (B) Graph the total daily cost for 0sxs 200. (C) Interpret the slope and y intercept of the cost equation.
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