A company that manufactures toasters has fixed costs of $1000 each month. The manufacturing cost per toaster is $8. An equation that represents the total cost to manufacture the toasters is C=8t+1000, where C is the total cost, in dollars and t is the number of toasters manufactured each month.
a. Write the equation in functional notation.
The equation C=8t+1000 can be written in functional notation as f(x)=8x+1000
b. Use the equation in part a to graph the equation for values of t between 0 and 500.
Using the equation in part a, we substitute values of x={0,100,200,300,340,400,500}
f(0)=8(0)+1000=1000f(100)=8(100)+1000=1800f(200)=8(200)+1000=2600f(300)=8(300)+1000=3400f(340)=8(340)+1000=3720f(400)=8(400)+1000=4200f(500)=8(500)+1000=5000
The ordered pairs are (0,1000),(100,1800),(200,2600),(300,3400),(340,3720),(400,4200),(500,5000)
c. The point (340,3720) is on the graph. Write a sentence that explains the meaning of this ordered pair.
The ordered pair (340,3720) means that if 340 toasters are manufactured, the total cost is $3,720.
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