Answer:
Manufacturers has to produce 63 DVD/Blu-Ray players to achieve a minimum cost of $644
Step-by-step explanation:
The cost equation is given as:
[tex]C=0.04x^2-5x+800[/tex]
This is a quadratic equation in general form, which is:
[tex]y=ax^2+bx+c[/tex]
Matching, we can say:
a = 0.04
b = -5
c = 800
The minimum occurs at [tex]x=-\frac{b}{2a}[/tex]
and the minimum value would be to place that "x" value into the equation.
First, we find the minimum using values of a and b:
[tex]x=-\frac{b}{2a}=-\frac{-5}{2(0.04)}=\frac{5}{0.08}=62.5[/tex]
Plugging this into original, we get:
[tex]C=0.04x^2-5x+800\\C=0.04(62.5)^2-5(62.5)+800\\C=643.75[/tex]
Rounding off to nearest whole number, we can say:
Manufacturers has to produce 63 DVD/Blu-Ray players to achieve a minimum cost of $644