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[Step-by-Step] The cost of production as a function of output x in 000’s (where x > 1.000) is given by the function F(x)=8x^3+(352)/(x^2)-6x+6350 Use the

Question: The cost of production as a function of output x in 000’s (where x > 1.000) is given by the function

\[F\left( x \right)=8{{x}^{3}}+\frac{352}{{{x}^{2}}}-6x+6350\]

Use the excel solver function to determine the value of x which minimizes the cost. What is the cost at this point? What value of x will cause the cost to double? Include you EXCEL output and explain carefully how you would obtain your solutions

Price: $2.99
Solution: The downloadable solution consists of 2 pages
Deliverable: Word Document


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