A manufacturer calculates the production cost (in dollars) using the formula C = 15a + 0.8a² − 120, where a is the number of units produced. Calculate the production cost when 50 units are produced.
General Mathematics · Unit 1 · Algebra · Linear and non-linear relationships
Substitute numerical values into linear and simple non-linear algebraic expressions, and evaluate.
Practise this objective
AI-marked practice questions tied to QCAA mark schemes for this exact LO. Free to start.
Start free practicePractice questions for this objective
Full questions, answers and worked solutions unlock when you start a free practice session.
A retail business calculates the profit from selling a new product using the formula \(P = 45n - 1200 - 8n^2\), where \(P\) is the profit in dollars and \(n\) is the number of items sold. (a) Calculate the profit when \(n = 15\). [1 mark] (b) Calculate the profit when \(n = 25\). [1 mark] (c) State which production level (15 or 25 items) gives the greater profit. [1 mark]
A small manufacturing company produces and sells hand-crafted candles. The weekly profit (in dollars) is modelled by the expression $P = 18s - 250$, where $s$ is the number of candles sold. (a) Calculate the weekly profit when 45 candles are sold. (1 mark) (b) The production cost per candle is $\$4.50$. If the revenue function is $R = 22s$, determine the weekly profit using the expression $P = R - C$, where $C$ is the total cost, when 60 candles are sold. (2 marks)
A solar panel installation company uses the formula \(C = 450n + 3200 + \frac{8000}{n}\) to calculate the total cost \(C\) (in dollars) of installing \(n\) panels, where \(n \geq 5\). (a) Calculate the total cost for installing \(n = 10\) panels. (b) The company offers a payment plan where a client pays \(\frac{1}{4}\) of the total cost as a deposit, and the remaining balance in \(12\) equal monthly instalments. Calculate the monthly instalment amount for a client who chooses to install \(n = 16\) panels. Express your answer to the nearest dollar.