The problem provides a total cost function $C(x) = 850 \ln(x + 10) + 1700$, where $x$ is the number of units produced. (a) We need to find the total cost of producing 300 units. (b) We need to find the number of units that will give a total cost of $8500.

Applied MathematicsCost FunctionLogarithmsOptimizationCalculus
2025/5/2

1. Problem Description

The problem provides a total cost function C(x)=850ln(x+10)+1700C(x) = 850 \ln(x + 10) + 1700, where xx is the number of units produced.
(a) We need to find the total cost of producing 300 units.
(b) We need to find the number of units that will give a total cost of $
8
5
0
0.

2. Solution Steps

(a) To find the total cost of producing 300 units, we substitute x=300x = 300 into the cost function C(x)C(x).
C(300)=850ln(300+10)+1700=850ln(310)+1700C(300) = 850 \ln(300 + 10) + 1700 = 850 \ln(310) + 1700
Using a calculator, we find that ln(310)5.7365725\ln(310) \approx 5.7365725.
C(300)=850(5.7365725)+1700=4876.086625+1700=6576.086625C(300) = 850(5.7365725) + 1700 = 4876.086625 + 1700 = 6576.086625
Rounding to the nearest cent, we get 6576.096576.09.
(b) To find the number of units that will give a total cost of 8500,weset8500, we set C(x) = 8500andsolvefor and solve for x$.
8500=850ln(x+10)+17008500 = 850 \ln(x + 10) + 1700
Subtract 1700 from both sides:
85001700=850ln(x+10)8500 - 1700 = 850 \ln(x + 10)
6800=850ln(x+10)6800 = 850 \ln(x + 10)
Divide both sides by 850:
6800850=ln(x+10)\frac{6800}{850} = \ln(x + 10)
8=ln(x+10)8 = \ln(x + 10)
Exponentiate both sides using base ee:
e8=x+10e^8 = x + 10
e82980.957987e^8 \approx 2980.957987
2980.957987=x+102980.957987 = x + 10
x=2980.95798710x = 2980.957987 - 10
x=2970.957987x = 2970.957987
Rounding to the nearest whole number, we get x=2971x = 2971.

3. Final Answer

(a) $6576.09
(b) 2971

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