Let f(x) =x2
x– 4 .
(a) Determine the intervals on which f is increasing.
(b) Determine the intervals on which f is decreasing.
(c) Based on your answers to parts (a) and (b), find the values of x for which f has relative
maxima.
(d) Based on your answers to parts (a) and (b), find the values of x for which f has relative
minima.
Suppose that the total number of units produced by a worker in t hours of an 8–hour shift
can be modeled by the production function P(t) = 22t+ 15t2–t3. Find where the function is
concave up and where the function is concave down.
Let f(x) =x(x–3)5.
(a) Determine the intervals on which f is increasing.
(b) Determine the intervals on which f is decreasing.
(c) Based on your answers to parts (a) and (b), find the values of x for which f has relative
maxima.
(d) Based on your answers to parts (a) and (b), find the values of x for which f has relative
minima.
A manufacturer has to produce annually 1000 units of a product that are sold at a uniform
rate during the year. The production cost for each unit is $400, and carrying costs
(insurance, interest, storage, and so on) are estimated to be 5% of the value of average
inventory. Set–up costs per production run are $64. Find the economic lot size.
A company owns an apartment building containing 80 units. If the company charges $300
per month rent, then all units can be rented out, and for every increase of $10 per month in
rent, the company will lose one customer. What rent should be charged to maximize
revenue?