Calculus 10th Edition

Published by Brooks Cole
ISBN 10: 1-28505-709-0
ISBN 13: 978-1-28505-709-5

Chapter 2 - Differentiation - 2.2 Exercises - Page 117: 110

Answer

The change in annual cost when $Q$ is increased from $350$ to $351$ is equal to $\dfrac{-668.7}{351}\approx-1.905$. The instantaneous rate of change is more negative than the change in annual cost when $Q$ is increased from $350$ to $351$.

Work Step by Step

Substitute $Q=350$ in $C =\dfrac{1,008,000}{Q}+6.3Q$ and solve for $C$. $C =\dfrac{1,008,000}{350}+6.3\times350=5085$ Now substitute $Q=351$ in $C =\dfrac{1,008,000}{Q}+6.3Q$ and solve for $C$. $C =\dfrac{1,008,000}{351}+6.3\times351=\dfrac{1784166.3}{351}$ Now subtract the two costs to find the change in annual cost. That is, $\dfrac{1784166.3}{351}-5085=\dfrac{-668.7}{351}\approx-1.905$ To find the instantaneous rate of change of annual cost at $Q=350$. Firstly differentiate $C =\dfrac{1,008,000}{Q}+6.3Q$ with respect to $Q$. We get, $C'=-\dfrac{1,008,000}{Q^2}+6.3$ Now substitute $Q=350$. We get, $C'=-\dfrac{1,008,000}{350^2}+6.3=\dfrac{-2880}{350}+6.3=\dfrac{-675}{350}\approx-1.928$ The instantaneous rate of change is more negative than the change in annual cost when $Q$ is increased from $350$ to $351$.
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