Question

3. Cost minimization. Suppose the costs of a particular product line are well modeled by the following quadratic function. C(q) = q^2 - 5q + 150 (a) Use the vertex form approach developed at the beginning of the class to deter- mine the q where the minimum cost occurs. (b) Use the optimization approach developed with derivatives to find the q where the minimum cost occurs. (c) Verify that your optimal q in both (a) and (b) match. (If they do not, then seek assistance, or correct your work)

          3. Cost minimization.
Suppose the costs of a particular product line are well modeled by the following
quadratic function.
C(q) = q^2 - 5q + 150
(a) Use the vertex form approach developed at the beginning of the class to deter-
mine the q where the minimum cost occurs.
(b) Use the optimization approach developed with derivatives to find the q where
the minimum cost occurs.
(c) Verify that your optimal q in both (a) and (b) match. (If they do not, then seek
assistance, or correct your work)

3. Cost minimization.
Suppose the costs of a particular product line are well modeled by the following
quadratic function.
C(q) = q^2 - 5q + 150
(a) Use the vertex form approach developed at the beginning of the class to deter-
mine the q where the minimum cost occurs.
(b) Use the optimization approach developed with derivatives to find the q where
the minimum cost occurs.
(c) Verify that your optimal q in both (a) and (b) match. (If they do not, then seek
assistance, or correct your work)

Added by Jose Carlos P.

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