1. Assume that it costs Sony approximately C (x) = 800, 000 + 340x + 0.0005x2 dollars to manufacture x Playstation 4’s in an hour. a. Find the average cost function in terms of x. (Recall: the average cost is C(x) = C(x)/x) b. Use the First Derivative Test to identify the relative and absolute extrema (if any) of C.   part (b) continued. c. How many Playstations should be manufactured each hour to minimize the average cost per Playstatio

Algebra and Trigonometry (MindTap Course List)
4th Edition
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter2: Functions
Section2.4: Average Rate Of Change Of A Function
Problem 4.2E: bThe average rate of change of the linear function f(x)=3x+5 between any two points is ________.
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1. Assume that it costs Sony approximately
C (x) = 800, 000 + 340x + 0.0005x2

dollars to manufacture x Playstation 4’s in an hour.
a. Find the average cost function in terms of x. (Recall: the average cost is

C(x) = C(x)/x)

b. Use the First Derivative Test to identify the relative and absolute extrema (if any) of C.

 

part (b) continued.

c. How many Playstations should be manufactured each hour to minimize the average cost per Playstation? 

d. What is the resulting average cost of each Playstation?

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