Problem 53

Question

Solve each problem. Solar Heater Production A company produces 10 solar heaters for \(\$ 7500 .\) The cost to produce 20 heaters is \(\$ 13,900\) (a) Express the cost \(y\) as a linear function of the number of heaters, \(x\) (b) Determine analytically the cost to produce 25 heaters. (c) Support the result of part (b) graphically.

Step-by-Step Solution

Verified
Answer
(a) Cost function: \( y = 640x + 1100 \) (b) Cost for 25 heaters: \( \$17100 \) (c) Graph verifies the calculation.
1Step 1: Calculate the Slope
To express the cost as a linear function, we need to calculate the slope (m) using the given points (10, 7500) and (20, 13900). The formula for the slope is \( m = \frac{y_2 - y_1}{x_2 - x_1} \). Plugging in the values, we get: \[m = \frac{13900 - 7500}{20 - 10} = \frac{6400}{10} = 640.\]
2Step 2: Find the y-intercept
Next, use the slope-point form to find the y-intercept (b). The formula is \( y = mx + b \). Using point (10, 7500), we have: \[7500 = 640 \times 10 + b.\]Solving for b, we get:\[7500 = 6400 + b \Rightarrow b = 7500 - 6400 = 1100.\]
3Step 3: Write the Linear Function
Now with the slope and the y-intercept, we can write the cost function as:\[y = 640x + 1100.\]
4Step 4: Calculate the Cost for 25 Heaters
Using the linear function \( y = 640x + 1100 \), substitute \( x = 25 \) to find the cost.\[y = 640 \times 25 + 1100 = 16000 + 1100 = 17100.\]So, the cost to produce 25 heaters is \( \$17100 \).
5Step 5: Support Graphically
To graphically support the result, plot the linear equation \( y = 640x + 1100 \) on a graph. Plot the points (10, 7500) and (20, 13900) from which the line passes. Extend the line to \( x = 25 \) and verify that \( y = 17100 \) matches our calculated cost.

Key Concepts

Slope CalculationY-interceptGraphical RepresentationCost Analysis
Slope Calculation
The slope is a measure of how steep a line is. It tells us how much the `y` value (or cost, in this case) changes for every one unit increase in `x` (the number of heaters). To find it, we use two known points on the line,
  • (10, 7500) and
  • (20, 13900),
applying the formula: \[\text{slope} (m) = \frac{y_2 - y_1}{x_2 - x_1}.\]

When we plug in those points: \[m = \frac{13900 - 7500}{20 - 10} = \frac{6400}{10} = 640.\]

This tells us that for each additional solar heater produced, the cost increases by $640.
Y-intercept
The y-intercept is the point where the line crosses the `y`-axis. It's the starting value of the cost when no heaters are produced.

By using the slope-point form, we can find the y-intercept `b` of our linear function: \[y = mx + b.\]

Taking the point (10, 7500), we have: \[7500 = 640 \times 10 + b.\]

Solving for `b` gives: \[7500 = 6400 + b \Rightarrow b = 7500 - 6400 = 1100.\]

Thus, the y-intercept is 1100. This means that even before producing any heaters, there is a base cost of $1100.
Graphical Representation
Visualizing the linear function helps us better understand how costs behave as production scales. We can represent the function \[y = 640x + 1100.\] on a graph by plotting:
  • The initial points (10, 7500) and (20, 13900).
  • Extend the line to verify it passes through calculated costs like the cost for 25 heaters.

You can see that the line is straight, indicating a consistent cost increase per heater due to the constant slope. When plotting for `x = 25`, check that it aligns with \[y = 17100.\] This visual method supports our calculated outcome, affirming the accuracy of the linear model.
Cost Analysis
Understanding how costs change with production is critical for businesses. Our linear function \[y = 640x + 1100\] provides a simple, yet powerful tool for analysis.

This equation can help:
  • Predict costs for different levels of production.
  • Identify fixed costs (y-intercept) and variable costs (slope).
  • Plan budgets by predicting how total costs will rise with increased output.

For instance, the cost for producing 25 heaters was calculated using this formula, resulting in $17100. Businesses can rely on such an analysis for planning and strategizing efficiently.