Production costs suppose that the monthly cost in dollars


Production costs suppose that the monthly cost in dollars of mining a certain ore is related to the number of pieces of equipment used, according to

C= 25,000x + (870,000/x), x>0

where x is the number of pieces of equipment used. Using how many pieces of equipment will minimize the cost?

Request for Solution File

Ask an Expert for Answer!!
Engineering Mathematics: Production costs suppose that the monthly cost in dollars
Reference No:- TGS02588363

Expected delivery within 24 Hours