How Do You Write an Expression for the Cost of Running a Machine?

Good job!In summary, the cost of running a machine is represented by the expression C(x)=Mx+F, where C is the total cost, x is the number of parts machined, M is the marginal cost, and F is the fixed cost.
  • #1
mathdad
1,283
1
The cost of running a machine is partly constant and partly varies as the number of parts machined. Write an expression to show the cost?

My Reasoning:

Let C = cost

Let x = partly constant

Let y = partly varies

Let k = constant of proportionality

C = x + yk

Right?
 
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  • #2
I would have thought "partly constant and partly varies" means one part varies, and one part is constant.. Since a varying constant is.. well, a variable? I'm not sure though. The wording is strange with this one.
 
  • #3
Let's let $F$ be the fixed costs and $M$ be the marginal cost (the cost to machine one part), and $x$ be the number of parts machined. Then the total cost $C$ would be given by:

\(\displaystyle C(x)=Mx+F\)
 
  • #4
MarkFL said:
Let's let $F$ be the fixed costs and $M$ be the marginal cost (the cost to machine one part), and $x$ be the number of parts machined. Then the total cost $C$ would be given by:

\(\displaystyle C(x)=Mx+F\)

We used different variables but correct nonetheless.
 

FAQ: How Do You Write an Expression for the Cost of Running a Machine?

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