Jesaki Water Sports incurs the following costs in producing a water ski vests in one day, for 0 < x < 150: ⚫ fixed costs, $341; ⚫ unit production cost, $20 per vest; ⚫ equipment maintenance and repairs, 0.03 x² dollars. Find the minimum average cost of a water ski vest. Round to the nearest cent. $ per vest

Advanced Engineering Mathematics
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Author:Erwin Kreyszig
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Chapter2: Second-order Linear Odes
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Jesaki Water Sports incurs the following costs in producing a water ski vests in one day, for
0 < x < 150:
⚫ fixed costs, $341;
⚫ unit production cost, $20 per vest;
⚫ equipment maintenance and repairs, 0.03 x² dollars.
Find the minimum average cost of a water ski vest. Round to the nearest cent.
$
per vest
Transcribed Image Text:Jesaki Water Sports incurs the following costs in producing a water ski vests in one day, for 0 < x < 150: ⚫ fixed costs, $341; ⚫ unit production cost, $20 per vest; ⚫ equipment maintenance and repairs, 0.03 x² dollars. Find the minimum average cost of a water ski vest. Round to the nearest cent. $ per vest
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