To find: daily production number which yields a minimum cost.
Answer to Problem 69E
Explanation of Solution
Given:
A manufacturer of lighting fixtures has daily production costs of
Concept Used:
For the function
When
When
Calculation:
Now compare the given function
Clearly
So by the above definition, C has a minimum at
So, the daily production number which yields a minimum cost is,
Conclusion:
The daily production number which yields a minimum cost is 20 fixtures.
Chapter 2 Solutions
EBK PRECALCULUS W/LIMITS
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