calculus

In your new job as a strategic planner at BusCalcInc, you have been asked to evaluate a proposal for manufacturing a new product. Other analysts have determined that a linear function is a reasonable estimate for the total cost C(x) in dollars to produce x items. Another team has determined that the cost to produce 1,000 items is $2,110,000 and the cost to produce 5,000 items is $12,550,000. A) Write the linear function C(x) that describes the cost function? B) Find the total cost to produce 50,000 items? C) Find the marginal cost of the new product (instantaneous rate of change.)

  1. 👍 0
  2. 👎 0
  3. 👁 103
asked by sue
  1. your linear function will look like
    C(x) = mx + b

    you are given 2 ordered pairs
    (1000,2110000) and (5000,12550000)

    Since you are in Calculus you have to know how to find the eqution of a straight line if you are given two points.
    Hint: first find the slope, that gives you the m value
    etc.

    1. 👍 0
    2. 👎 0
    posted by Reiny

Respond to this Question

First Name

Your Response

Similar Questions

  1. English

    Thank you very much! Just one more thing. Should I evaluate the following sentence a mistake? 1) The journalist asked where I was going to sing ...... (istead of "asked me") The officer asked if I could show him my permit (instead

    asked by Henry on March 5, 2012
  2. human resources

    Why should job analysis involve the person who is presently in the job being analyzed? A.Because managers rarely know what their team members do all day. B.Because only that person can reveal exactly how the job is done. C.Because

    asked by Anonymous on May 26, 2018
  3. Math

    Ronald lee has been told by a company that the he will be offered a job in the quality control department is 0.6 and the probability he will be asked to be foreman, if he is offered the job, is 0.1.What is the probability that he

    asked by Len on May 3, 2017
  4. maths

    A town planner is using a map of a town centre with a scale of 1 : 1250 The town planner wants to estimate the area of a plot of land. On the map it is 6cm ^2 . What is the corresponding area on the ground? Give your answer in

    asked by katie on May 11, 2007
  5. COM 140

    Finding a job in today’s competitive market not only takes time but also strategic planning. Creating résumés and job-application letters is only half the battle. Applicants also need to manage the interview process, including

    asked by Betty on April 11, 2009
  6. Math

    Ronald lee has been told by a company that the probability he will be offered a job in the quality control department is .6 and the probability he will be asked to be foreman of the department, if he offered the job is .1. what is

    asked by Len on May 4, 2017
  7. INB

    3. Assignment: Lunch and Learn Presentation • Consider the following scenario: You have been asked by the director of your department to put together a Lunch and Learn Presentation wherein you present to your coworkers an

    asked by Style on June 10, 2010
  8. Human Resource Management

    What are the seven major decision points involved in job analysis of HR selection purposes? How do you conduct a job analysis for a team job in which the team member is asked to play multiple roles, be cross-trained, and perform

    asked by Laura on February 17, 2011
  9. Am. History

    Evaluate President Kennedy’s performance during the Cuban Missile Crisis. Did he give up too much to the Soviets or were his strategic decision sound?

    asked by Stacy on June 10, 2012
  10. human resource management

    1. Critically evaluate the job analysis that Mary conducted for the position of assistant manager. Has she used appropriate methods? What are the strengths and weaknesses of her efforts? 2. What kind of factors about Today's

    asked by tim on May 25, 2011

More Similar Questions