Now, suppose the price of a brand new machine is A=$ 3,000. This is the fixed cost. The total depreciation you answered in (a) can be also considered as a cost. Add these two costs to form the total cost that incur during the time interval (0, t). Graph this function. Label the horizontal axis as "month" and the vertical axis as "total cost". Hand (b) drawing is OK! But, make sure the concavity is correct. Label the intercept with a specific dollar amount!

Calculus: Early Transcendentals
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Author:James Stewart
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Chapter1: Functions And Models
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Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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Please answer PART B. Show steps clearly and no cursive if possible. 

### WA-4.1: Optimal Time for Copy Machine Overhaul

**Scenario:**  
Imagine you are running a copy shop with a single copy machine used 24 hours daily. Over time, the machine wears out, requiring periodic replacement with a new one. This guide focuses on finding the optimal time between overhauls, aiming to achieve the minimum monthly cost.

**Cost Considerations:**  
1. **Fixed cost:** The price of replacing the old copy machine.
2. **Monthly depreciation:** The machine’s value depreciation every month, which increases as the machine gets older.

**Tasks:**

**(a)**  
**Given:** The machine's depreciation rate is \( f(s) = \frac{100}{\sqrt{s}} \) dollars per month, where \( s \) is the machine’s age in months.  
**Task:** Find the total depreciation incurred during the first \( t \) months after an overhaul. The answer should be a function of \( t \).

**(b)**  
**Given:** The price of a new machine is \( A = \$3,000 \).  
**Task:** Calculate the total depreciation during the interval \([0, t]\) and add it to the fixed cost to get the total cost.  
**Graph:** Sketch this total cost function. Use "month" for the horizontal axis and "total cost" for the vertical axis. Label the intercept with a specific dollar amount and ensure the graph shows the correct concavity.

**(c)**  
**Task:** From a copy shop owner’s perspective, explain why "Total Cost" is not the main factor to consider. Identify what should be minimized.

**(d)**  
**Given:** Let \( C \) denote the **Average Monthly Cost** \( C(t) \).  
**Task:** Define and write the average cost function \( C = C(t) \) for \( t \geq 0 \). This function represents the average monthly costs over the interval \([0, t]\). Refer to the textbook for the exact function definition if needed.

**(e)**  
**Task:** Determine the optimal "stopping" time \( T \) to minimize the function \( C(t) \).  
1. **Critical Number:** Find the exact value of \( T \). 
2. **Behavior of \( C \):** Show \( C \) is decreasing on \( 0 < t < T \) and increasing on \( T
Transcribed Image Text:### WA-4.1: Optimal Time for Copy Machine Overhaul **Scenario:** Imagine you are running a copy shop with a single copy machine used 24 hours daily. Over time, the machine wears out, requiring periodic replacement with a new one. This guide focuses on finding the optimal time between overhauls, aiming to achieve the minimum monthly cost. **Cost Considerations:** 1. **Fixed cost:** The price of replacing the old copy machine. 2. **Monthly depreciation:** The machine’s value depreciation every month, which increases as the machine gets older. **Tasks:** **(a)** **Given:** The machine's depreciation rate is \( f(s) = \frac{100}{\sqrt{s}} \) dollars per month, where \( s \) is the machine’s age in months. **Task:** Find the total depreciation incurred during the first \( t \) months after an overhaul. The answer should be a function of \( t \). **(b)** **Given:** The price of a new machine is \( A = \$3,000 \). **Task:** Calculate the total depreciation during the interval \([0, t]\) and add it to the fixed cost to get the total cost. **Graph:** Sketch this total cost function. Use "month" for the horizontal axis and "total cost" for the vertical axis. Label the intercept with a specific dollar amount and ensure the graph shows the correct concavity. **(c)** **Task:** From a copy shop owner’s perspective, explain why "Total Cost" is not the main factor to consider. Identify what should be minimized. **(d)** **Given:** Let \( C \) denote the **Average Monthly Cost** \( C(t) \). **Task:** Define and write the average cost function \( C = C(t) \) for \( t \geq 0 \). This function represents the average monthly costs over the interval \([0, t]\). Refer to the textbook for the exact function definition if needed. **(e)** **Task:** Determine the optimal "stopping" time \( T \) to minimize the function \( C(t) \). 1. **Critical Number:** Find the exact value of \( T \). 2. **Behavior of \( C \):** Show \( C \) is decreasing on \( 0 < t < T \) and increasing on \( T
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