Alicia, the manager of a plant, determines that when x% of her plants capacity is being used,
Question:
Alicia, the manager of a plant, determines that when x% of her plant’s capacity is being used, the total cost of operation is C hundred thousand dollars, where
a. Find C(0) and C(100).
b. Explain why Alicia cannot use the result of part (a) along with the intermediate value property to conclude that the cost of operation is exactly $700,000 when a certain percentage of plant capacity is being used.
Data from Exercise 55, Section 1.5.
Alicia, the manager of a plant, determines that when x% of the plant’s capacity is being used, the total cost of operation is C hundred dollars, where
The company has a policy of rotating maintenance in an attempt to ensure that approximately 80% of capacity is always in use. What cost should Alicia expect when the plant is operating at this ideal capacity?
Step by Step Answer:
Calculus For Business, Economics And The Social And Life Sciences
ISBN: 9780073532387
11th Brief Edition
Authors: Laurence Hoffmann, Gerald Bradley, David Sobecki, Michael Price