3 Next question90,000The production costs of producing x widgets is given by C(x) = 2000 + 4x +If the company can produce at most 200 widgets how many should they produce to minimize the production costs? What is the minimum production cost?They should produce widgets. The minimum cost is $.

Answered: 3 | bartleby

College Algebra

1st Edition

ISBN:9781938168383

Author:Jay Abramson

Publisher:Jay Abramson

Chapter5: Polynomial And Rational Functions

Section: Chapter Questions

Problem 6PT: Solve the following application problem. A rectangular field is to be enclosed by fencing. In...

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Similar questions

Solve the following application problem. A rectangular field is to be enclosed by fencing. In addition to the enclosing fence, another fence is to divide the field into two parts, running parallel to two sides. If 1,200 feet of fencing is available, find the maximum area that can be enclosed.
Use your schools library, the Internet, or some other reference source to find the real-life applications of constrained optimization.
The manufacturer of an energy drink spends $1.20 to make each drink and sells them for $2. The manufacturer also has fixed costs each month of $8,000. (a) Find the cost function C when x energy drinks aremanufactured. (b) Find the revenue function R when x drinks are sold. (c) Show the break-even point by graphing both the Revenue and Cost functions on the same grid. (d) Find the break-even point. Interpret what the breakeven point means.
The manufacturer of a weight training bench spends $15 to build each bench and sells them for $32. The manufacturer also has fixed costs each month of $25,500. (a) Find the cost function C when x benches are manufactured. (b) Find the revenue function R when x benches are sold. (c) Show the break-even point by graphing both the Revenue and Cost functions on the same grid. (d) Find the break-even point. Interpret what the break-even point means.
The manufacturer of a water bottle spends $5 to build each bottle and sells them for $10. The manufacturer also has fixed costs each month of $6500. (a) Find the cost function C when x bottles are manufactured. (b) Find the revenue function R when x bottles are sold. (c) Show the break-even point by graphing both the Revenue and Cost functions on the same grid. (d) Find the break-even point. Interpret what the break-even point means.
A basic cellular package costs $20/mo. for 60 min of calling, with an additional charge of$0.30/min beyond that time. The cost formula would, be S C=20+.30(x60) . If you have to keep your bill lower than $50, what is the maximum calling minutes you can use?
A company determines that its weekly profit from manufacturing and selling x units of a certain item is given by Px=-x3+3x2+2880x-500. Use a graphing utility to find the weekly production rate that will maximize the profit.

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