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Suppose the labor cost (in dollars) for manufacturing a camera can be approximated by L(x,y)=3/2x^2+y^24x4y2xy+104 where x is the number of hours required by a
Suppose the labor cost (in dollars) for manufacturing a camera can be approximated by
L(x,y)=3/2x^2+y^24x4y2xy+104
where x is the number of hours required by a skilled craftsperson and y is the number of hours required by a semiskilled person. Find values of x and y that minimize the labor cost. Find the minimum labor cost.
Labor cost will be minimized when x=___ and y=___
The minimum labor cost is $___
(Round to the nearest cent )
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