Concept explainers
Inventory Replenishment The ordering and transportation cost C for the components used in manufacturing a product is
where C is measured in thousands of dollars and r is the order size in hundreds. Find the rate of change of C with respect to x w hen (a)
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Chapter 2 Solutions
Calculus (MindTap Course List)
- Freight on Class I Railroads According to the Association of American Railroads, Class I freight railroads are the line-haul freight railroads with 2006 operating revenue in excess of 346.8million. Let F=F(t) denote the freight revenue in billions of dollars of Class I railroads in year t. In 2005, Class I railroads had a freight revenue of 44.5billion. In 2007, the revenue was 52.9 billion. Calculate the average rate of change per year in F from 2005 to 2007 and explain its meaning in practical terms.arrow_forwardMaximum Sales Growth This is a continuation of Exercise 10. In this exercise, we determine how the sales level that gives the maximum growth rate is related to the limit on sales. Assume, as above, that the constant of proportionality is 0.3, but now suppose that sales grow to a level of 4 thousand dollars in the limit. a. Write an equation that shows the proportionality relation for G. b. On the basis of the equation from part a, make a graph of G as a function of s. c. At what sales level is the growth rate as large as possible? d. Replace the limit of 4 thousand dollars with another number, and find at what sales level the growth rate is as large as possible. What is the relationship between the limit and the sales level that gives the largest growth rate? Does this relationship change if the proportionality constant is changed? e. Use your answers in part d to explain how to determine the limit if we are given sales data showing the sales up to a point where the growth rate begins to decrease.arrow_forward
- Functions and Change: A Modeling Approach to Coll...AlgebraISBN:9781337111348Author:Bruce Crauder, Benny Evans, Alan NoellPublisher:Cengage LearningAlgebra & Trigonometry with Analytic GeometryAlgebraISBN:9781133382119Author:SwokowskiPublisher:Cengage