100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
MATH 1211 Written Assignment Unit 4- University of the People $16.99   Add to cart

Other

MATH 1211 Written Assignment Unit 4- University of the People

 1 view  0 purchase
  • Course
  • Institution

MATH 1211 Written Assignment Unit 4- University of the PeopleMATH 1211 Written Assignment Unit 4- University of the PeopleMATH 1211 Written Assignment Unit 4- University of the People

Preview 2 out of 12  pages

  • August 10, 2023
  • 12
  • 2023/2024
  • Other
  • Unknown
avatar-seller
1. Chains Inc. is in the business of making and selling chains. Let be the
number of miles of chain produced after hours of production. Let be
the profit as a function of the number of miles of chain produced and
let be the profit as a function of the number of hours of production.
Suppose the company can produce 3 miles of chain per hour and suppose
their profit on the chains is $4000 per mile of chain. Find and interpret
(use complete sentences) each of the following (include units), , ,
and . How does relates to and ?
solution
It is given that c(t) represents the number of miles of chain produced after t hours
of production.
The company can produce 3 miles of chain per hour, thus, c(t)=3t.
Differentiate the function c(t)=3t with respect to t using the power rule of the
derivative to obtain the value of c’(t).
d d
c ( t )= ( 3 t )
dt dt
d
¿3 (t )
dt

c’(t) =3
it is known that the derivative of any function refers to the rate of change of the
function with respect to the respective variable.
Hence, c’(t)=3 shows that the number of miles in every increase in t is 3 miles per
hour.
It is given p(c) represents the profit as a function of the number of miles of chain
produced.
The company’s profit on the chains is $4000 per mile of chain, thus, p(c) will the
product of 4000 and the function for the number of miles c(t).
P(c) = 4000 . c(t)
The obtained function can be written as p(c)=4000c.

, Differentiate the function p(c)=4000c with respect to c by using the power rule of
the derivative to obtain the value of p’(c).
d d
p ( c ) = ( 4000 c )
dc dc
d
P’(c) =4000 dc (c )

=4000
Hence, p’(c)=4000 profit/mile shows that the profit increases by 4000 per mile of
chain produced.
It is given that q(t) represents the profit as a function of the number of hours of
production.
As per the given statement for q(t), the function will be obtained by multiplying
4000 and the function c(t).
profit miles
q ( t )=4000 x c (t )
miles hours
profit
¿ ( 4000 x 3 t )
hours
profit
¿ 12000 t
hours

Differentiate the function q(t)=12000t with respect to t by using the power rule of
the derivate to obtain the value of q’(t).
q’(t) = 12000
hence, q’(t)=12000 shows that the profit increases by 12000 per hour.
It is obtained that c’(t)=3, p’(c)=4000, and q’(t)=12000. After multiply 3 mile/hour
by 4000 profit/mile the product will be 12000 profit/hour.
Therefore, the product of the functions c’(t) and p’(c) is equal to the function q’(t).
Hence, the relation will be,
q’(t) = c’(t) . p’(c)

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller VEVA2K. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $16.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

66579 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling

Recently viewed by you


$16.99
  • (0)
  Add to cart