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Suppose that the monthly cost, in dollars, of producing x chairs is C(x) =0.006x + 0.07x+ 14x +700, and currently 50 chairs are produced month
Suppose that the monthly cost, in dollars, of producing x chairs is C(x) =0.006x" + 0.07x"+ 14x +700, and currently 50 chairs are produced month a)What is the current monthly cost? b)What is the marginal cost when x = 50? c)Use the result from part (b) to estimate the monthly cost of increasing production to 52 chairs per month. Find the absolute maximum and minimum values of the function over the indicated interval, and indicate the x-values at which they occur. d)What would be the actual additional monthly cost of increasing production to 52 chairs monthly? f(x) = (x+2) 3-1; [-5,7] a) The current monthly cost is $. (Round to the nearest cent as needed.) b) The marginal cost when x = 50 is $ per item. The absolute maximum value is ] at x =. (Round to the nearest cent as needed.) (Round to two decimal places as needed. Use a comma to separate answers as needed.) c) Use the result from part (b) to estimate the monthly cost of increasing production to 52 chairs per month. The absolute minimum value is ] at x =. The monthly cost in increasing production to 52 chairs monthly is $ (Round to the nearest cent as needed.) (Round to two decimal places as needed. Use a comma to separate answers as needed.) d) The actual additional monthly cost of increasing production to 52 chairs monthly is $]. (Round to the nearest cent as needed.) Drum Tight Containers is designing an open-top, square-based, rectangular box that will have a volume of 62.5 in.". What dimensions will minimize surface area Find the absolute maximum and minimum values of the function, and sketch the graph. What is the minimum surface area? (( x ) = ' 7x+1, for - 15x51 9-x2, for 1
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