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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

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
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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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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