Assume that it costs Microsoft approximately C(x) = 57,600 + 550x + 0.01x^2 dollars

Assume that it costs Microsoft approximately C(x) = 57,600 + 550x + 0.01x2 dollars to manufacture x Xbox 360s in a day.How many Xboxes should be manufactured in order to minimize average cost? What is the resulting average cost of an xbox?

Answers
The average cost per unit is the total cost divided by the number of units. So divide your expression by x. Your task is now to find if this expression has a minimum, and find the corresponding value of x. At this minimum, its rate of change wrt to x must be zero. Is this enough to get you started?
ianmoth
16 October 2012
ill try it out, thank you :D
inneedofhelp
16 October 2012
Add an answer

Similar questions