Suppose that the monthly cost, in dollars, of producing x chairs is C(x)=0.006x³ +0.07x² + 16x + 600, and currently 30 chairs are produced monthly. a) What is the current monthly cost? b)What is the marginal cost when x= 307 c) Use the result from part (b) to estimate the monthly cost of increasing production to 32 chairs per month d)What would be the actual additional monthly cost of increasing production to 32 chairs monthly? a) The current monthly cost is $ (Round to the nearest cent as needed.) idel S ee s
Suppose that the monthly cost, in dollars, of producing x chairs is C(x)=0.006x³ +0.07x² + 16x + 600, and currently 30 chairs are produced monthly. a) What is the current monthly cost? b)What is the marginal cost when x= 307 c) Use the result from part (b) to estimate the monthly cost of increasing production to 32 chairs per month d)What would be the actual additional monthly cost of increasing production to 32 chairs monthly? a) The current monthly cost is $ (Round to the nearest cent as needed.) idel S ee s
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
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Suppose that the monthly cost, in dollars, of producing x chairs is C(x) = 0.006x³ +0.07x² + 16x+600, and currently 30 chairs are produced monthly. a) What is the current monthly cost? b)What is the marginal cost when x = 30? c)Use the result from part (b) to estimate the monthly cost of increasing production to 32 chairs per month. d)What would be the actual additional monthly cost of increasing production to 32 chairs monthly? a) The current monthly cost is $ (Round to the nearest cent as needed.) adel S ee s ee so ee sc ee sc ee sc
Transcribed Image Text:Suppose that the monthly cost, in dollars, of producing x chairs is C(x)=0.006x² +0.07x² + 16x+600, and currently 30 chairs are produced monthly.
a) What is the current monthly cost?
b)What is the marginal cost when x 307
c) Use the result from part (b) to estimate the monthly cost of increasing production to 32 chairs per month
d)What would be the actual additional monthly cost of increasing production to 32 chairs monthly?
a) The current monthly cost is $
(Round to the nearest cent as needed.)
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