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 c(x)=1.2x2504x+71.791c(x) = 1.2x^2 - 504x + 71.791, we need to find the vertex of the quadratic function. The vertex of a quadratic function ax2+bx+cax^2 + bx + c occurs at the xx-coordinate given by:

x=b2ax = \frac{-b}{2a}

For the function c(x)=1.2x2504x+71.791c(x) = 1.2x^2 - 504x + 71.791, the coefficients are:

  • a=1.2a = 1.2
  • b=504b = -504

Substituting these values into the formula for the xx-coordinate of the vertex:

x=(504)2(1.2)=5042.4=210x = \frac{-(-504)}{2(1.2)} = \frac{504}{2.4} = 210

Thus, the number of machines that minimizes the unit cost is x=210x = 210.

Next, we substitute x=210x = 210 into the cost function to find the minimum unit cost:

c(210)=1.2(210)2504(210)+71.791c(210) = 1.2(210)^2 - 504(210) + 71.791

Now, let's calculate:

c(210)=1.2(44100)504(210)+71.791c(210) = 1.2(44100) - 504(210) + 71.791 c(210)=52920105840+71.791c(210) = 52920 - 105840 + 71.791 c(210)=52920+71.791=52848.209c(210) = -52920 + 71.791 = -52848.209

Thus, the minimum unit cost is $-52848.209.

Would you like more details or have any questions? Here are 5 related questions:

  1. How does the number of machines made affect the unit cost?
  2. What would happen to the unit cost if the company made fewer or more than 210 machines?
  3. How would you find the maximum value of a quadratic function?
  4. Why does the vertex of a quadratic function represent the minimum or maximum value?
  5. What is the effect of changing the coefficients aa, bb, and cc 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