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    Parabolas and Quadratic Equations: Minimizing Costs

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    Callaway Golf Company has determined that the daily cost C of manufacturing x Big-Bertha-type gold clubs may be expressed by the quadratic equation
    C(x) = 5 x 2 - 620 x + 20,000,

    a) How many clubs should be manufactured to minimize the cost?

    b) At this level of production, what is the cost per club?

    c) What are the fixed cost of production (the cost to produce 0 clubs)?

    © BrainMass Inc. brainmass.com March 4, 2021, 7:03 pm ad1c9bdddf
    https://brainmass.com/math/basic-algebra/parabolas-quadratic-equations-minimizing-costs-78759

    Solution Preview

    Callaway Golf Company has determined that the daily cost C of manufacturing x Big-Bertha-type gold clubs may be expressed by the quadratic equation
    C(x) = 5 x 2 - 620 x + 20,000,

    a) How ...

    Solution Summary

    A parabola is applied to minimizing costs.

    $2.49

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