A golf ball manufacturer knows the cost associated with various hourly production levels, given below. Production Costs for Golf Balls Production (hundred balls b) 2 5 8 11 14 17 20 Cost (dollars C) x 253 364 439 500 527 574 631 (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 sb s 20. (Round all numerical values to three decimal pla dollars C(b) = (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.) X 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. C(b) = dollars per hundred balls

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter7: Analytic Trigonometry
Section7.6: The Inverse Trigonometric Functions
Problem 94E
icon
Related questions
Question
A golf ball manufacturer knows the cost associated with various hourly production levels, given below.
Production Costs for Golf Balls
Production
(hundred balls b)
2
5
8
11
14
17
20
(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 ≤ b ≤ 20. (Round all numerical values to three decimal places.)
C(b) =
dollars
Cost
(dollars C)
253
364
439
500
527
574
631
X
(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.)
Xper 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 ✓
Need Help?
✓by $
(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 ≤ b ≤ 20. (Round all numerical values to three decimal places.)
C(b) =
dollars per hundred balls
Read It
(d) Calculate the rate of change of average cost for hourly production levels of 1000 golf balls. (Round your answer to three decimal places.)
per hundred balls per hundred balls
$
Interpret the result. (Round your numerical answer to three decimal places.)
At an hourly production level of 1000 golf balls, average production cost is ---Select-- by $
per hundred golf balls.
per hundred golf balls per hundred golf balls.
Transcribed Image Text:A golf ball manufacturer knows the cost associated with various hourly production levels, given below. Production Costs for Golf Balls Production (hundred balls b) 2 5 8 11 14 17 20 (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 ≤ b ≤ 20. (Round all numerical values to three decimal places.) C(b) = dollars Cost (dollars C) 253 364 439 500 527 574 631 X (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.) Xper 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 ✓ Need Help? ✓by $ (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 ≤ b ≤ 20. (Round all numerical values to three decimal places.) C(b) = dollars per hundred balls Read It (d) Calculate the rate of change of average cost for hourly production levels of 1000 golf balls. (Round your answer to three decimal places.) per hundred balls per hundred balls $ Interpret the result. (Round your numerical answer to three decimal places.) At an hourly production level of 1000 golf balls, average production cost is ---Select-- by $ per hundred golf balls. per hundred golf balls per hundred golf balls.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 6 steps with 17 images

Blurred answer
Recommended textbooks for you
Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage
Calculus For The Life Sciences
Calculus For The Life Sciences
Calculus
ISBN:
9780321964038
Author:
GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:
Pearson Addison Wesley,
College Algebra
College Algebra
Algebra
ISBN:
9781938168383
Author:
Jay Abramson
Publisher:
OpenStax