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A manufacturer of lighting fixtures has daily production costs of C = 800 − 40x + 0.25x2, where C is the total cost (in dollars) and x is the number of units produced. How many fixtures should be produced each day to yield a minimum cost?
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Minimum of a quadratic equation that opens up (note that the coefficient of x^2 is positive) is at x=-b/2a. From this function a=1/4, b=-40, c=800. So the minimum occurs at \[x=-b/2a=40/(2(1/4))=80\]
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