At a canning company the daily production cost, y, is given by the quadratic equation y = 650 – 15x + 0.45x2, where x is the number of canned items. What is the MINIMUM daily production cost? A) $1,025.00 B) $1,186.25 C) $525.00 D) $536.25
Accepted Solution
A:
The equation is a parabola so the minimum point is the vertex.