1 Suppose that the cost function for the production of a par
1. Suppose that the cost function for the production of a particular item is given by the
equation C(x) = 2x2 – 320x + 12,020, where x represents the number of items. How
many items should be produced to minimize the cost?
2. In the year 2000, Anna bought a new car for $26,000. In 2005, she was told that
the value of her car was $15,000 due to depreciation. She is told that the value of
her car depreciates linearly.
(a) Find a function V(t) which gives the value of the car t years after the year 2000.
(b) In 2008, Anna is told that she will be given $7000 for her car if she decides to
trade it in for a new car. Use the function from part (a) above to determine the
value of her car in 2008.
(c) Is the $7000 value fair based on what she was told about linear depreciation?
Explain your answer.
3. Show using Synthetic Division that x + 2 is a factor of x3 + 7x2 + x – 18.
4. In a physics experiment, it is found that the equation V(t) = 1667t – 5940t2
Expresses the velocity of an object as a function of time(t). Computer V(0.1), V(0.15), and V(0.2).
Solution
1.
C(x) = 2x^2 - 320x + 12020
d(C(x))/dt = 4x - 320
since cost should be minimize
4x - 320 = 0
x = 80
when x = 80
So 80 item should be produced to minimze the cost.
