Mccarthy King
12/24/2023 · Elementary School
A vehicle factory manufactures cars. The unit cost \( C \) (the cost in dollars to make each car) depends on the number of cars made. If \( x \) cars are made, then the unit cost is given by the function \( C(x)=0.5 x^{2}-100 x+24,029 \). What is the minimum unit cost? Do not round your answer.
UpStudy ThothAI Solution
Tutor-Verified Answer
Step-by-step Solution
To find the minimum unit cost given by the function \( C(x) = 0.5x^2 - 100x + 24,029 \), we can use the vertex formula for a quadratic function. The vertex of a parabola described by the equation \( ax^2 + bx + c \) occurs at \( x = -\frac{b}{2a} \).
In our case, we have:
- \( a = 0.5 \)
- \( b = -100 \)
Now, we can calculate the value of \( x \) at which the minimum unit cost occurs:
\[
x = -\frac{-100}{2 \cdot 0.5} = \frac{100}{1} = 100
\]
Next, we substitute \( x = 100 \) back into the cost function \( C(x) \) to find the minimum unit cost:
\[
C(100) = 0.5(100)^2 - 100(100) + 24,029
\]
Calculating each term:
1. \( 0.5(100)^2 = 0.5 \cdot 10,000 = 5,000 \)
2. \( -100(100) = -10,000 \)
3. The constant term is \( 24,029 \)
Now, we can combine these results:
\[
C(100) = 5,000 - 10,000 + 24,029
\]
\[
C(100) = -5,000 + 24,029
\]
\[
C(100) = 19,029
\]
Thus, the minimum unit cost is
\[
\boxed{19029}
\]
Quick Answer
The minimum unit cost is 19,029.
Answered by UpStudy AI and reviewed by a Professional Tutor
UpStudy ThothAI
Self-Developed and Ever-Improving
Thoth AI product is constantly being upgraded and optimized.
Covers All Major Subjects
Capable of handling homework in math, chemistry, biology, physics, and more.
Instant and Accurate
Provides immediate and precise solutions and guidance.
Try Now
Ask Tutors
Ask AI
10x
Fastest way to Get Answers & Solutions
By text
Enter your question here…
By image
Re-Upload
Submit