You have answered 1 out of 2 parts correctly. 3 attempts remaining. A company manufactures a units of one item and y units of another. The total cost in dollars, C, of producing these two items is approximated by the function C = 7x² + 4xy + 4y² + 1000. (a) If the production quota for the total number of items (both types combined) is 98, find the minimum production cost. cost = 33928 (b) Estimate the additional production cost or savings if the production quota is raised to 99 or lowered to 97. production cost or savings = 2972.81

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
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You have answered 1 out of 2 parts correctly. 3 attempts remaining.
A company manufactures a units of one item and y units of another. The total cost in dollars, C, of producing these two items is approximated by the function
C = 7x² + 4xy + 4y² + 1000.
(a) If the production quota for the total number of items (both types combined) is 98, find the minimum production cost.
cost = 33928
(b) Estimate the additional production cost or savings if the production quota is raised to 99 or lowered to 97.
production cost or savings = 2972.81
Transcribed Image Text:You have answered 1 out of 2 parts correctly. 3 attempts remaining. A company manufactures a units of one item and y units of another. The total cost in dollars, C, of producing these two items is approximated by the function C = 7x² + 4xy + 4y² + 1000. (a) If the production quota for the total number of items (both types combined) is 98, find the minimum production cost. cost = 33928 (b) Estimate the additional production cost or savings if the production quota is raised to 99 or lowered to 97. production cost or savings = 2972.81
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