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If the cost function is C(x) = 3x^2 + 12x + 5, find the minimum cost. (2020)

Practice Questions

1 question
Q1
If the cost function is C(x) = 3x^2 + 12x + 5, find the minimum cost. (2020)
  1. 5
  2. 8
  3. 12
  4. 10

Questions & Step-by-step Solutions

1 item
Q
Q: If the cost function is C(x) = 3x^2 + 12x + 5, find the minimum cost. (2020)
Solution: The minimum cost occurs at x = -b/(2a) = -12/(2*3) = -2. C(-2) = 3(-2)^2 + 12(-2) + 5 = 8.
Steps: 0

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