(a)
Whether company is forecasting an increase or decrease in the demand over the decade by using graphing utility when a manufacturing company forecast the demand x (in units) for it’s product over the next 10 years is modeled by the function,
Where t is the time in years.
(b)
To calculate: The total demand over the next 10 years when a manufacturing company forecast the demand x (in units) for it’s product over the next 10 years is modeled by the function,
Where t is the time in years.
(c)
To calculate: The average annual demand over the period of 10 years when a manufacturing company forecast the demand x (in units) for it’s product over the next 10 years which is modeled by the function,
Where t is the time in years.
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Calculus: An Applied Approach (MindTap Course List)
- Maximum 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_forwardSales Growth In this exercise, we develop a model for the growth rate G, in thousands of dollars per year, in sales of the product as a function of the sales level s, in thousands of dollars. The model assumes that there is a limit to the total amount of sales that can be attained. In this situation, we use the term unattained sales for difference this limit and the current sales level. For example, if we expect sales grow to 3 thousand dollars in the long run, then 3-s is the unattained sales. The model states that the growth rate G is proportional to the product of the sales level s, and the unattained sales. Assume that the constant of proportionality is 0.3 and that the sales grow to 2 thousand dollars in the long run. a.Find the formula for unattained sales. b.Write an equation that shows the proportionality relation for G. c.On the basis of the equation from the part b, make a graph of G as a function of s. d.At what sales level is the growth rate as large as possible? e.What is the largest possible growth rate?arrow_forwardProjectile Motion In Exercises 75 and 76, consider the path of an object projected horizontally with a velocity of v feet per second at a height of s feet, where the model for the path is x2=v216ys. In this model (in which air resistance is disregarded), y is the height (in feet) of the projectile and x is the horizontal distance (in feet) the projectile travels. A ball is thrown from the top of a 100-foot tower with a velocity of 28 feet per second. (a) Write an equation for the parabolic path. (b) How far does the ball travel horizontally before it strikes the ground?arrow_forward
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