CreekP681207 CreekP681207
  • 03-11-2022
  • Mathematics
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Where C(x) is in hundreds Of dollars. How many bicycles should the shop build to minimize the average cost per bicycle

Where Cx is in hundreds Of dollars How many bicycles should the shop build to minimize the average cost per bicycle class=

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JorgenD113088 JorgenD113088
  • 03-11-2022

The average cost is given by the next equation:

[tex]C(x)=0.1x^2-0.5x+5.582[/tex]

The graph of the function is

As we can see the parabola opens upwards therefore the minim will be located in the vertex

[tex]x=\frac{-b}{2a}[/tex]

in our case

b=-0.5

a=0.1

[tex]x=\frac{0.5}{2(0.1)}=2.5[/tex]

2.5 hundred

Then

[tex]2.5\times100=250[/tex]

Therefore, the shop should build 250 bicycles

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