Assume that it costs a company approximately C(x) = 441,000 + 160x + 0.001x2
dollars to manufacture x units of a device in an hour at one of their manufacturing centers. How many devices should be manufactured each hour to minimize average cost?
_____units
What is the resulting average cost of a device?
$_____
How does the average cost compare with the marginal cost at the optimal production level? Find how much they differ.
$ _______
21000 devices manufacturer each hour.
$ 202 resulting average cost .
0 difference between marginal and average cost .
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