Answer:
a.) C(q) = -(1/4)*q^3 + 3q^2 - 12q + OH b.) $170
Step-by-step explanation:
(a) Marginal cost is defined as the decrease or increase in total production cost if output is increased by one more unit. Mathematically:
Marginal cost (MC) = change in total cost/change in quantity
Therefore, to derive the equation for total production cost, we need to integrate the equation of marginal cost with respect to quantity. Thus:
Total cost (C) = Integral [3(q-4)^2] dq = -(1/4)*(q-4)^3 + k
where k is a constant.
The overhead (OH) = C(0) = -(1/4)*(0-4)^3 + k = -16 + k
C(q) = -(1/4)*(q^3 - 12q^2 + 48q - 64) + k = -(1/4)*q^3 + 3q^2 - 12q -16 + k
Thus:
C(q) = -(1/4)*q^3 + 3q^2 - 12q + OH
(b) C(14) = -(1/4)*14^3 + 3*14^2 - 12*14 + 436 = -686 + 588 - 168 + 436 = $170
Answer:
The value that is greater than 45% of the data values is approximately 137.84.
Step-by-step explanation:
The key is transforming values from this distribution to a z-score range and finding the corresponding value using a z-score table.
We are looking for a value x which attains a critical z-score that corresponds to the (100-45)%=55-th percentile:

The critical z value (from z-score table, online) is: -0.12, so:

The value that is greater than 45% of the data values is approximately 137.84.
Answer:
$1210
Step-by-step explanation:
Let x be total amount
First John spent $110 on a radio and 4/11 of what was left on presents for his friends so he was left with

Then he put 2/5 of his remaining money into a checking account

Rest he donated to charity

Hence total amount of money John originally had was $1210
8 total pens....4 are black
first pick, probability of being black is 4/8
2nd pick. without replacing, probability is 3/7
probability of a black pen picked first and then another black pen picked again is : 4/8 * 3/7 = 12/56 = 0.21