Minimize functions for total transportation costs
Suppose total transportation cost for a product can be approximated by the function:
T(f) = 2.1f^2 - 25.9f +121.1
Where f is the number of facilities.
Ignoring any other costs, find the optimal number of facilities with the minimum total transportation cost.
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Suppose total transportation cost for a product can be approximated by the function:
T(f) = 2.1f^2 - 25.9f +121.1
Where f is the number of facilities.
Ignoring any other costs, ...
Solution Summary
This solution explains how to find minimum value of a quadratic function.
$2.19