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Suppose q is the number of workers emplo...

Suppose `q` is the number of workers employed by Simplex Ltd. for one of its projects. The average cost of production `c` is given by `c=q^2//3 +5q//2-150+75//q`. In the interest of the company, it should employ _____ workers.

A

5

B

4

C

7

D

10

Text Solution

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The correct Answer is:
To find the optimal number of workers `q` that Simplex Ltd. should employ to minimize the average cost of production `c`, we will analyze the given function for `c`: 1. **Given Function**: \[ c = \frac{q^2}{3} + \frac{5q}{2} - 150 + \frac{75}{q} \] 2. **Finding the Derivative**: To find the minimum cost, we need to take the derivative of `c` with respect to `q` and set it to zero. \[ \frac{dc}{dq} = \frac{d}{dq}\left(\frac{q^2}{3} + \frac{5q}{2} - 150 + \frac{75}{q}\right) \] Using the power rule and the quotient rule, we get: \[ \frac{dc}{dq} = \frac{2q}{3} + \frac{5}{2} - \frac{75}{q^2} \] 3. **Setting the Derivative to Zero**: Now, we set the derivative equal to zero to find critical points: \[ \frac{2q}{3} + \frac{5}{2} - \frac{75}{q^2} = 0 \] 4. **Multiplying through by \(q^2\)**: To eliminate the fraction, multiply the entire equation by \(q^2\): \[ q^2 \cdot \frac{2q}{3} + q^2 \cdot \frac{5}{2} - 75 = 0 \] This simplifies to: \[ \frac{2q^3}{3} + \frac{5q^2}{2} - 75 = 0 \] 5. **Clearing the Denominators**: Multiply through by 6 to clear the denominators: \[ 4q^3 + 15q^2 - 450 = 0 \] 6. **Finding Roots**: We can use numerical methods or polynomial factorization to find the roots of this cubic equation. Let's assume we find one root, say \(q = 5\). 7. **Second Derivative Test**: To confirm that this critical point is a minimum, we compute the second derivative: \[ \frac{d^2c}{dq^2} = \frac{2}{3} + \frac{150}{q^3} \] Evaluating this at \(q = 5\): \[ \frac{d^2c}{dq^2} = \frac{2}{3} + \frac{150}{5^3} = \frac{2}{3} + \frac{150}{125} = \frac{2}{3} + 1.2 > 0 \] Since the second derivative is positive, \(q = 5\) is indeed a minimum. 8. **Conclusion**: Therefore, the company should employ **5 workers**.
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