A Computer Component Manufacturer in China Determines That Manufacturing Costs

question 3

Multiple Choice

A computer component manufacturer in China determines that manufacturing costs (y in Chinese Yuan (CNY) ) are determined by an equation y = 0.3x² - 4x +12 (x = quantity manufactured in 100s) . Determine the volume of production (x) where costs are minimised (to nearest 10) .

• A) 660
• B) 670
• C) 680
• D) 690

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Definitions:

Informative

Intended to provide new knowledge or data to the audience, often utilized in educational and professional contexts.

Informative

Intended to provide information or knowledge to the audience without necessarily aiming to persuade.

Goodwill

The intangible asset that arises as a result of the acquisition of one company by another for a premium value.

Persuasive

Designed to convince or influence the audience’s thoughts, beliefs, or actions through argumentation or appeal.