Derivative As Rates of Change - Population Change: Word Problem
Derivative As Rates of Change - Population Change: Word Problem
Derivative As Rates of Change - Population Change: Word Problem
Alypius
Word Problem:
The current population of an alpaca colony is known to be 6,745; that is, P (0) =
6,745. If P' (0) = 250, estimate the size of the population in 3 days, where t is
measured in days.
SOLUTION:
P(0) = 6,745
P’(0) = 250
= 7, 495
Derivative as Marginal Analysis of Profit, Revenue & Cost
• an estimate of how much profit, revenue and/or cost changes when the nth
unit is produced or sold. Here, you use derivatives.
• the exact amount of how much profit, revenue and/or cost changes. Here,
you use the original function.
In other words, we can either estimate (get close to), or get the real quantity,
that adding 1 unit results in.
Word Problem:
For a company that sells clothes, the total cost of producing x is given by the
function
and that all x clothes are sold when the price is equal to p(x) = -2x + 35. Estimate
the marginal cost of producing the 6th unit
SOLUTION:
6th unit = 5
Word Problem:
SOLUTION:
f(x) = x3 – 6x2 – 4x + 8
f’’(x) = 6x – 12
6x – 12 = 0
6𝑥 12
=
6 6
x=2
DETERMINING CONCAVITY
- +
f’’(6) = 6(6) – 12 = 24
= 8 – 24 – 8 + 8
= -16
93 – 0.10(5), then we solve. From that, we came up from the answer of 92.5 as our
marginal cost of producing the 6th unit. In line with that, we assume that derivative
plays a vital role in marginal analysis, without the derivative we cannot calculate the
given, may it be marginal analysis of profit, marginal analysis of revenue, and
marginal analysis of cost. They are all in need of derivative to come up with the
answer.
Lastly, Derivative as Concavity and Points of Inflection. This applying of
derivative may be seen as complex, but the computation is quite simple. Still, by the
use of derivative we can solve the problem. In our given example we are asked to
determine three things. First, the points of inflection, next is to determine the
concave up and down of f(x). Starting by first step, we have to find the x axis of the
given of f(x) = x3 – 6x2 – 4x + 8, to identify it we have to determine the derivative of
each. The derivative of x3 is 3x2, 6x2 is 12x, 4x is 4, and 8 is 0 because it is constant.
We don’t need to include 0, thus what’s left is f’(x) = 3x2 – 12x – 4, Now, finding the
first derivative isn’t complete, we must find the second derivative of what is left
before continuing further. The derivative of 3x2 is 6x, 12x is 12, and 4 is 0 since once
again, it is constant and we need not to include it, hence what’s left is 6x-12 = 0.
We’ll have 6x = 12 and just divide both sides by 6 and we came up to our x axis = 2.
Now that we have the x-axis we’ll move on in concavity. Notice that we used a
number line for us to have a guide in testing the digits lower and higher than 2. First
is lower than 2, we can choose any number but, in the solution, I chose 0 as a test
number, substitute it as x and we’ll get a negative result. Next is digits higher than 2,
I chose 6, substitute it as x and we’ll get a positive result. We can now conclude that
f(x) is concave up on (2, +∞) and f(x) is concave down on (-∞,2), But we are not done
yet, we must determine the y-axis for us to conclude the point of inflection. By
solving for y-axis, we just have to substitute the x-axis that we solved earlier into
the original given. Thus, we have f(2) = 23 – 6(2)2 – 4(2)+ 8, and by computing we
came up an answer of -16. We can now conclude that the Point of Inflection is
(2,-16). Notice how derivative is the main asset for us to determine Concavity and
Points of Inflection? Indeed, derivative has a lot of applications and important roles.