Question: Problem 1 ( C u b i c Cost Function ) A manufacturing company i s deciding o n the optimal level o f safety
Problem Cost Function
A manufacturing company deciding the optimal level safety this
case, the cost increases a cubic manner, representing a steeper cost increase
safety levels rise. The profit function :
Find the level safety that maximizes the company's profit.
Calculate the total cost when the optimal level safety chosen.
Calculate how much each worker will earn under the optimal safety level.
Calculate the total profit the optimal safety level.
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