Math Problem Statement

Write a linear function that expresses the cost of manufacturing x bicycles in a day. Given that the fixed costs are $1500 per day and the variable cost per bicycle is $100.

Solution

The problem asks to write a linear function for the cost of manufacturing xx bicycles in a day.

The linear cost function is given as C(x)=mx+bC(x) = mx + b, where:

  • mm represents the variable cost per bicycle,
  • bb represents the fixed daily cost,
  • C(x)C(x) represents the total cost of manufacturing xx bicycles.

From the question, we are given:

  • The fixed cost b=1500b = 1500 dollars per day,
  • The variable cost m=100m = 100 dollars per bicycle.

Thus, the cost function C(x)C(x) can be written as: C(x)=100x+1500C(x) = 100x + 1500

This is the linear function that expresses the cost of manufacturing xx bicycles in a day.

Would you like more details on how to interpret this type of cost function?

Here are some related questions:

  1. How would the cost function change if the variable cost per bicycle increased?
  2. What does the slope of the cost function represent in practical terms?
  3. How can this cost function help in determining the total cost for manufacturing 10 bicycles?
  4. How would the fixed costs affect the graph of the cost function?
  5. What happens to the total cost if no bicycles are manufactured?

Tip: Always ensure to identify fixed and variable costs when working with cost functions.

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Math Problem Analysis

Mathematical Concepts

Linear Functions
Cost Functions
Algebra

Formulas

C(x) = mx + b

Theorems

Slope-Intercept Form

Suitable Grade Level

Grades 9-11