QuestionQuestion 9 of 10, Step 1 of 1
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A company manufactures two models of a product, model and model . The cost for model is and the cost for model is . If the fixed costs are , the total cost function is given by , where is the number of model and is the number of model . Find .
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Studdy Solution
STEP 1
1. The cost of model is \$39.
2. The cost of model \( B \) is \$21.
3. The fixed costs are \$640.
4. The total cost function is given by \( C(x, y) = 640 + 39x + 21y \).
5. We need to find \( C(56, 60) \).
STEP 2
1. Substitute the given values into the cost function.
2. Calculate the total cost.
STEP 3
Substitute and into the cost function .
STEP 4
Calculate the total cost by evaluating the expression.
First, calculate :
Next, calculate :
Now, add these results to the fixed cost:
The total cost is:
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