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Suppose the labor cost(in dollars) for manufacturing a camera can be approximated by L(x,y)=3/2 x 2 +y 2 7x2y2xy+107 where x is the number of
Suppose the labor cost(in dollars) for manufacturing a camera can be approximated by
L(x,y)=3/2 x2+y27x2y2xy+107
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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