The cost associated with storing x units of a certain product is given by the function C(x) = 0.8x^2 - 12.8x + 2600 where C is measured in dollars and x in hundreds of units. What is the minimum cost ?
The Attempt at a Solution
Umm, yea. I would attempt it but I have no idea where to start, but I will try anyways. So I was thinking it needs to be set up ( y = mx + b ) so I did and got a final result of : y = square root of 16x - 3250 OR : y = (16x - 3250)^.5
I then plotted it on a graph and figured that I need to find minimum x for some reason because y didn't make much sense as it came to be 0. So then the minimum x was about 204 on the graph when y = 0. So I was thinking that is my answer but have absolutely NO clue !! :rofl: Please help me !!