Assume that it costs a company approximately C(x) = 625,000 + 160x + 0.001x² dollars to manufacture x units of a device in an hour at one of their manufacturing centers. How many devices should. be manufactured each hour to minimize average co 210 X units What is the resulting average cost of a device? 24 How does the average cost compare with the marginal cost at the optimal production level? Find how much they differ. $ 210

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter7: Analytic Trigonometry
Section7.6: The Inverse Trigonometric Functions
Problem 94E
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Assume that it costs a company approximately
C(x) = 625,000 + 160x + 0.001x2
%3D
dollars to manufacture x units of a device in an hour at one of their manufacturing centers. How many devices should. be manufactured each hour to minimize average co
210
X units
What is the resulting average cost of a device?
How does the average cost compare with the marginal cost at the optimal production level? Find how much they differ.
$210
Transcribed Image Text:Assume that it costs a company approximately C(x) = 625,000 + 160x + 0.001x2 %3D dollars to manufacture x units of a device in an hour at one of their manufacturing centers. How many devices should. be manufactured each hour to minimize average co 210 X units What is the resulting average cost of a device? How does the average cost compare with the marginal cost at the optimal production level? Find how much they differ. $210
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