Question
A company plans to produce liquid bath soap using its two factories in Tangerang and Bekasi, both of which will work with the function TC
A company plans to produce liquid bath soap using its two factories in Tangerang and Bekasi, both of which will work with the function TC = 3X2+6Y2-XY
X is the output of the factory in Tangerang and Y is the output of the factory in Bekasi. The company's management will try to determine the lowest cost combination between X and Y, and is required to comply with the constraint that the total product must be 20,000 units.
This is done by solving the X constraint and substituting the value into the objective function with X=15-Y
What is the total cost and its derivative value? Explain!
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