Math Problem Statement
A vehicle factory manufactures cars. The unit cost C (the cost in dollars to make each car) depends on the number of cars made. If x cars are made, then the unit cost is given by the function C(x)=0.7x^2-462x+96,096. What is the minimum unit cost?
Solution
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Math Problem Analysis
Mathematical Concepts
Quadratic Functions
Vertex Form of Quadratic Equations
Minimum/Maximum of Quadratic Functions
Formulas
Vertex formula of a quadratic function
Theorems
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Suitable Grade Level
Grades 10-12