Math Problem Statement
A supply company manufactures copy machines. The unit cost C (the cost in dollars to make each copy machine) depends on the number of machines made. If x machines are made, then the unit cost is given by the function c(x)=1.2x^2-504x+71.791. What is the minimum unit cost? Do not round your answer.
Solution
To find the minimum unit cost for the given function , we need to find the vertex of the quadratic function. The vertex of a quadratic function occurs at the -coordinate given by:
For the function , the coefficients are:
Substituting these values into the formula for the -coordinate of the vertex:
Thus, the number of machines that minimizes the unit cost is .
Next, we substitute into the cost function to find the minimum unit cost:
Now, let's calculate:
Thus, the minimum unit cost is $-52848.209.
Would you like more details or have any questions? Here are 5 related questions:
- How does the number of machines made affect the unit cost?
- What would happen to the unit cost if the company made fewer or more than 210 machines?
- How would you find the maximum value of a quadratic function?
- Why does the vertex of a quadratic function represent the minimum or maximum value?
- What is the effect of changing the coefficients , , and in a quadratic function?
Tip: When dealing with quadratic functions, the vertex formula is a reliable way to find the minimum or maximum value without needing to graph the function.
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Math Problem Analysis
Mathematical Concepts
Quadratic Functions
Vertex of a Parabola
Optimization
Formulas
Vertex formula: x = -b / 2a
Quadratic function: c(x) = ax^2 + bx + c
Theorems
Vertex of a quadratic function represents the maximum or minimum value
Suitable Grade Level
Grades 9-12
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