Final answer:
To calculate the cost of production as a function of time, substitute the production function N(t) into the cost formula C(N). After simplifying, the cost function is C(t) = 15,000 + 800,000t - 40,000t². At 5 hours, the cost is 3,015,000 dollars.
Step-by-step explanation:
To find the cost C as a function of the time t of operation of the factory, we first use the formula for the number of cars produced N(t) = 100t - 5t². Then we substitute the expression for N(t) into the cost function C(N) = 15,000 + 8000N.
Substituting N(t) into C(N), we get:
- C(N(t)) = 15,000 + 8000(100t - 5t²)
- C(t) = 15,000 + 8000(100t) - 8000(5t²)
- C(t) = 15,000 + 800,000t - 40,000t²
This is the cost C as a function of time t.
When t = 5 hours, the function becomes:
- C(5) = 15,000 + 800,000(5) - 40,000(5²)
- C(5) = 15,000 + 4,000,000 - 1,000,000
- C(5) = 3,015,000 dollars
This result means that the cost of production after 5 hours of operation is 3,015,000 dollars.