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Mathematics 24 Online
OpenStudy (anonymous):

a manufacturer of brand a jeans has daily production costs of C=0.2x^2-92x+11,165, where C is the total cost (in dollars) and x is the number of jeans produced. How many jeans should be produced in order to minimize costs? What is the minimum daily cost?

TheSmartOne (thesmartone):

The minimum daily cost would be found by plugging in x = 0

TheSmartOne (thesmartone):

Essentially, the minimum daily cost is the y-intercept.

OpenStudy (mathmale):

Yes, that's true! This question also asks for the "minimum daily cost," which is quite different. You could find this min. d. cost by graphing, or by finding the vertex of the parabolic curve, or through the use of calculus.

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