The total cost of producing a type of boat is given by C(x) = 17000 – 20x + 0.02x², where x is the number of boats produced. How many boats should be produced to incur minimum cost?
The total cost of producing a type of boat is given by C(x) = 17000 – 20x + 0.02x², where x is the number of boats produced. How many boats should be produced to incur minimum cost?
Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter8: Introduction To Functions
Section8.10: Inverse Variation
Problem 3ST
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Transcribed Image Text:The total cost of producing a type of boat is given by C(x) = 17000 – 20x + 0.02x², where x is the number of boats produced. How many boats should be produced
to incur minimum cost?
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The total cost of producing a type of boat is given by C(x) = 17000 - 20x + 0.02x2 where x is the number of boats produced.
To find:-
How many boats should be produced to incur minimum cost?
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