Minimize The Cost Given By Tc Q 4000000 Q The Number Of Dvd S When 1 Q 20000 1 Find The Critical Values S That Mini 1 (36.42 KiB) Viewed 10 times
Minimize The Cost Given By Tc Q 4000000 Q The Number Of Dvd S When 1 Q 20000 1 Find The Critical Values S That Mini 2 (23.14 KiB) Viewed 10 times
Minimize The Cost Given By Tc Q 4000000 Q The Number Of Dvd S When 1 Q 20000 1 Find The Critical Values S That Mini 3 (22.92 KiB) Viewed 10 times
Minimize the cost given by TC(Q)= 4000000 Q the number of DVD's when 1≤Q<20000, 1. Find the critical values(s) that minimize TC. 2. Test the second-order condition. 3. Calculate the minimum average cost TCmin. 1. Find c.v. (s) TC'(Q)= Q-²+ +0.25Q, where Q is Critical values: If both positive or both negative, enter the smaller of two first. If one positive and one negative, enter positive first.
Q₁ = Q₂ = What c.v. is accepted? enter only the value What c.v. is rejected? enter only the value 2. Test the second-order condition. TC"(Q)= Q-3 TC" (c.v.)=TC"( )= ^
It is : >0 <0 Hence: Omaximum value exists Ominimum value exists 3. TCmin=TC( )= $ Company will minimize its total cost $ by making DVD's.
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