An energy-drink manufacturer has a daily production cost of ? = 70,000 − 120? + 0.055?2, where C is the total cost (in dollars) and x is the number of units produced. How many units should they produce each day to yield a minimum cost? Also, what is that minimum cost?Finally, provide a summative statement of your results. In other words, create a sentence which describes the results of your final calculations within the context o f the real-world scenario.

Mathematics For Machine Technology
8th Edition
ISBN:9781337798310
Author:Peterson, John.
Publisher:Peterson, John.
Chapter44: Solution Of Equations By The Subtraction, Addition, And Division Principles Of Equality
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An energy-drink manufacturer has a daily production cost of ? = 70,000 − 120? + 0.055?2, where C is the total cost (in dollars) and x is the number of units produced. How many units should they produce each day to yield a minimum cost? Also, what is that minimum cost?Finally, provide a summative statement of your results. In other words, create a sentence which describes the results of your final calculations within the context o f the real-world scenario.

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