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Pis poss A company has determined that when x hundred dulcimers are built, the average cost...
This Question: 1 pt A company has determined that when hundred dulcimers are built, the average...
This Question: 1 pt A company has determined that when hundred dulcimers are built, the average cost per dulcimer can be estimated by C) = 0 22 -0.6x + 2050, where ) is in hundreds of dollars. What is the minimum average cost per dulcimer and how many dulcimers should be built to achieve that minimum The minimum average cost per dulcimer is The company should build dulcimers to achieve the minimum
A company has determined that when x hundred dulcimers are built, the average cost per dulcimer...
A company has determined that when x hundred dulcimers are built, the average cost per dulcimer can be estimated by c(x)= 0.2x2-1.4x+3.650, where C(x) is in hundreds of dollars. What is the minimum average cost per dulcimer and how many dulcimers should be built to achieve that minimum?
Aki's Bicycle Designs has determined that when x hundred bicycles are built, the average cost per...
Aki's Bicycle Designs has determined that when x hundred bicycles are built, the average cost per bicycle is given by C(x)=0.5x2-0.2x+9.099, where C(x) is in hundreds of dollars. How many bicycles should the shop build to minimize the average cost per bicycle?
A certain electronics manufacturer found that the average cost C to produce x DVD/Blu-ray players can...
A certain electronics manufacturer found that the average cost C to produce x DVD/Blu-ray players can be found using the equation C = 0.04x2 - 4x + 700. What is the minimum average cost per machine and how many DVD/Blu-ray players should be built in order to acheive that minimum? The minimum average cost is The number of DVD/Blu-ray players that should be build to acheive the minimum is **Answer both to the nearest whole number.
4. A company has determined that the cost in dollars to manufacture x cases of its...
4. A company has determined that the cost in dollars to manufacture x cases of its product is given by TC(x)=100+20x-x^2 (0≤x≤6) a. Find the average rate of change of manufacturing cost per case between 1 and 5 cases. b. Find the instantaneous rate of change of manufacturing cost when the 3rd case is produced. c. Find marginal cost (MC) at x = 3.
A company has determined that the price and monthly demand of one of its products are related by the equation D = (4000...
A company has determined that the price and monthly demand of one of its products are related by the equation D = (4000 - p)2/3 where p is the price per unit in dollars and D is the monthly demand in units. The associated fixed costs are $850 per month, and the variable costs are $3,687.5 per unit. What is the optimal number of units (rounded to the next whole number) that should be produced and sold each month?
6x² + c 60x A company has found that the marginal cost (in thousands of dollars)...
6x² + c 60x A company has found that the marginal cost (in thousands of dollars) to produce x central air conditioning units is C'(x) = where x is the number of units produced (a) Find the cost function, given that the company incurs a fixed cost of $15,000 even if no units are built. (b) The company will seek a new source of investment income if the cost is more than $19,000 to produce 5 units. Should they seek...
The average cost per hour in dollars of producing x riding lawn mowers is given by...
The average cost per hour in dollars of producing x riding lawn mowers is given by the following 2800 c(x) = 0 .7xf + 26-292 +- (a) Use a graphing utility to determine the number of riding lawn mowers to produce in order to minimize average cost. (b) What is the minimum average cost? lawn mowers are produced per hour (a) The average cost is minimized when approximately (Round to the nearest whole number as needed) (b) The minimum average...
Marginal Average Cost for Producing Thermometers The management of ThermoMaster Company, whose Mexican subsidiary manufactures an...
Marginal Average Cost for Producing Thermometers The management of ThermoMaster Company, whose Mexican subsidiary manufactures an indoor-outdoor thermometer, has estimated that the total weekly cost (in dollars) for producing x thermometers is represented by the following function. Find the following functions (in dollars) and interpret your results. C(x) = 3,500 + 6x (a) Find the average cost function C. C(x) = (b) Find the marginal average cost function C '. C '(x) = interpret your results: o Since the marginal...
Using the high-low method, Company X has determined the variable portion of its cost formula for...
Using the high-low method, Company X has determined the variable portion of its cost formula for electricity to be $2 per unit. For the month of July Company X estimates that total electricity cost will amount to $66,000 based on producing 30,000 units. The amount of fixed electricity cost estimated for July is
This Question: 1 pt A company has determined that when hundred dulcimers are built, the average cost per dulcimer can be estimated by C) = 0 22 -0.6x + 2050, where ) is in hundreds of dollars. What is the minimum average cost per dulcimer and how many dulcimers should be built to achieve that minimum The minimum average cost per dulcimer is The company should build dulcimers to achieve the minimum
A certain electronics manufacturer found that the average cost C to produce x DVD/Blu-ray players can be found using the equation C = 0.04x2 - 4x + 700. What is the minimum average cost per machine and how many DVD/Blu-ray players should be built in order to acheive that minimum? The minimum average cost is The number of DVD/Blu-ray players that should be build to acheive the minimum is **Answer both to the nearest whole number.
6x² + c 60x A company has found that the marginal cost (in thousands of dollars) to produce x central air conditioning units is C'(x) = where x is the number of units produced (a) Find the cost function, given that the company incurs a fixed cost of $15,000 even if no units are built. (b) The company will seek a new source of investment income if the cost is more than $19,000 to produce 5 units. Should they seek...
The average cost per hour in dollars of producing x riding lawn mowers is given by the following 2800 c(x) = 0 .7xf + 26-292 +- (a) Use a graphing utility to determine the number of riding lawn mowers to produce in order to minimize average cost. (b) What is the minimum average cost? lawn mowers are produced per hour (a) The average cost is minimized when approximately (Round to the nearest whole number as needed) (b) The minimum average...
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