Syarikat Seri Utama produces ceiling fan for domestic market. The annual automated equipment and material cost (in thousands of ringgit) is given by C(x,y) = 2x² + 2xy +3y² – 20x – 18y + 89 where x is the amount spent per year on automated equipment (in thousands of ringgit) and y is the amount spent on materials (in thousands of ringgit). i. Determine how much should be spent on each input per year to minimize cost of production.
Syarikat Seri Utama produces ceiling fan for domestic market. The annual automated equipment and material cost (in thousands of ringgit) is given by C(x,y) = 2x² + 2xy +3y² – 20x – 18y + 89 where x is the amount spent per year on automated equipment (in thousands of ringgit) and y is the amount spent on materials (in thousands of ringgit). i. Determine how much should be spent on each input per year to minimize cost of production.
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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