The problem provides a total cost function $C(x) = 850 \ln(x + 10) + 1700$, where $x$ is the number of units produced. We need to find: (a) the total cost of producing 300 units, rounded to the nearest cent. (b) the number of units that will give a total cost of $8500, rounded to the nearest whole number.
2025/3/8
1. Problem Description
The problem provides a total cost function , where is the number of units produced. We need to find:
(a) the total cost of producing 300 units, rounded to the nearest cent.
(b) the number of units that will give a total cost of $8500, rounded to the nearest whole number.
2. Solution Steps
(a) To find the total cost of producing 300 units, we substitute into the cost function:
Using a calculator,
Rounding to the nearest cent, we get .
(b) To find the number of units that will give a total cost of C(x) = 8500x$:
To solve for , we take the exponential of both sides:
Using a calculator,
Rounding to the nearest whole number, we get .
3. Final Answer
(a)
(b)