A golf ball manufacturer knows the cost associated with various hourly production levels, given below. Production Costs for Golf Balls Production (hundred balls b) Cost 258 351 427 11 500 14 539 561 17 20 633 (a) Write the function for the cubic model that gives the production costs for golf balls in dollars where b is the hourly production level in hundred balls, with data from 2 sbs 20. (Round all numerical values to three decimal places.) C(b) = dollars (b) If 1000 balls are currently being produced each hour, calculate the marginal cost at that level of production. (Round your answer to three decimal places.) per hundred balls Interpret the result. (Round your numerical answer to three decimal places.) At an hourly production level of 1000 golf balls, production cost is increasing by $ per hundred golf balls. (c) Construct the function for the model that gives average cost in dollars per hundred balls where b is the hourly production level in hundred balls, with data from 2 sbs 20. (Round all numerical values to three decimal places.) dollars per hundred balls (d) Calculate the rate of change of average cost for hourly production levels of 1000 golf balls. (Round your answer to three decimal places.) Interpret the result. (Round your numerical answer to three decimal places.) At an hourly production level of 1000 golf balls, average production cost is decreasing A by $ per hundred golf balls per hundred golf balls. A golf ball manufacturer knows the cost associated with various hourly production levels, given below. Production Costs for Golf Balls Production (hundred balls b) Cost 258 351 427 11 500 14 539 561 17 20 633 (a) Write the function for the cubic model that gives the production costs for golf balls in dollars where b is the hourly production level in hundred balls, with data from 2 sbs 20. (Round all numerical values to three decimal places.) C(b) = dollars (b) If 1000 balls are currently being produced each hour, calculate the marginal cost at that level of production. (Round your answer to three decimal places.) per hundred balls Interpret the result. (Round your numerical answer to three decimal places.) At an hourly production level of 1000 golf balls, production cost is increasing by $ per hundred golf balls. (c) Construct the function for the model that gives average cost in dollars per hundred balls where b is the hourly production level in hundred balls, with data from 2 sbs 20. (Round all numerical values to three decimal places.) dollars per hundred balls (d) Calculate the rate of change of average cost for hourly production levels of 1000 golf balls. (Round your answer to three decimal places.) Interpret the result. (Round your numerical answer to three decimal places.) At an hourly production level of 1000 golf balls, average production cost is decreasing A by $ per hundred golf balls per hundred golf balls
