MATH ASSIGNMENT 1
1) The CEO of a furniture factory finds that the cost to manufacture beds is given by
the function C(x) = −4x2 + 24x + 12, where x is the number of beds. The revenue for
selling x beds is given by the function R(x) = −6x + 35x, in thousands of dollars.
a) Use the cost and revenue expressions to find the profit function (in thousands
of dollars) in terms of x.
b) Find the interval for the number of beds manufactured and sold where the
factory will have a positive profit.
2) Find an equation of the line that passes through the point (2,3) and is perpendicular
to the line 3x+4y-22=0
3) 82. Social Media A Nielsen survey of 3000 American moviegoers aged
12-74 years found that 27% of them used social media to chat aboutmovies in 2010. The
percentage was 29% in 2011 and 31% in 2012. Let
t= 0, t = 1, and t = 2 correspond to the years 2010, 2011, and 2012,respectively.
a. Explain why the three points P1(0, 27), P2(1, 29), and P3(2, 31) lieon a straight line L.
b. If the trend continues, what will the percentage of moviegoerswho use social media to
chat about movies be in 2014?
c. Find an equation of L. Then use this equation to find andreconcile the result obtained
in part (b).
4) As health-care costs increase, payers are turning to technology and
outsourced services to keep a lid on expenses. The amount of health-
care information technology (IT) spending by payer is projected to be
S(t) =- 0.03t^3+0.2t^2+0.23t+5.6
(0 ≤ t ≤ 4)
where S (t) is measured in billions of dollars and t is measured in years,
with t = 0 corresponding to 2004. What was the amount spent by
payers on health-care IT in 2004? Assuming that the projection held
true, what amount was spent by payers in 2008?
√
x+1
5) Find the domain of the function f (x) 2
2-x − x
6) 64. Profit from Sale of Smartphones Apollo manufactures
smartphones at a variable cost of
V(x) = 0.000003x^3 -0.03x^2+200x
dollars, where x denotes the number of units manufactured per month.
The monthly fixed cost attributable to the division that produces them is
$100,000. The total revenue realized by Apollo from the sale of x
smartphones are given by the total revenue function
R(x) =- 0.1x2+500x
(0≤x≤5000)
where R (x) is measured in dollars.
a. Find a function C that gives the total cost incurred by the
manufacture of x smartphones.
b. Find the total profit function.
c. What is the profit when 1500 units are produced and sold each
month?
QUESTION 7 ( Actual question is listed below after geogebra instructions)
[Using Geogebra:] Question 68, page 76 (e-book page 77)
t> Open a new Geogebra CAS, click the + button, then click Expression.
t> Define the number of housing starts as the function N (r) using the command
N(r)=7
then press backslash (/). Finally, enter (1+0.02∗r∧2) for the denominator.
t> Define the mortgage rate function r(t) using the command r(t)=(5 ∗t+75) then
press backslash (/). Finally, enter (t+10) for the denominator.
t> You can now define the composition N (r(t)) using the command N(r(t))
t> To determine the number of housing starts 12 months from now, which is when t
= 12, use the command N(r(12))
t> Determine the number of housing starts 18 months from now by modifying the
command above.
t> Save a screenshot of your work. Title it as Question 7, and submit the
screenshot with your assignment.
QUESTION 7 IS AS FOLLOWS:
A study prepared for the National Association of Realtors estimated that the
number of housing starts per year over the next 5 years will be
N(r) =7/1+0.02r^2
million units, where r (percent) is the mortgage rate. Suppose the
mortgage rate t months from now will be:
r(t)= 5t+75/t+10
and
(0 ≤ t ≤ 24) percent/year.
a. Find an expression for the number of housing starts per year as a
function of t, t months from now.
b. Using the result from part (a), determine the number of housing
starts at present, 12 months from now, and 18 months from now.
QUESTION 8
baby boomers will put a strain on Social Security benefits unless Congresstakes
action. The Social Security benefits to be paid out from 2010through 2040 are
projected to be
S(t) =0.1375t^2 +0.5185t + 0.72
(0≤t ≤ 3)
where S (t) is measured in trillions of dollars and t is measured indecades, with t
= 0 corresponding to 2010.
a. What was the amount of Social Security benefits paid out in 2010?
b. What is the amount of Social Security benefits projected to be paidout in 2040?
QUESTION 9)
[Using Geogebra:] The altitude (in feet) attained by a model rocket t second
into flight is given by the function P (t) = −4t3 + 20t2 + 3 where t ≥ 0.
t> Open a new Geogebra CAS, click the + button, then click
Expression.
t> Define the altitude function using the command P(t)=-
4∗t∧3+20∗t∧2+3
t> A graph of the altitude attained by the model rocket will be displayed
to the right.
t> Adjust the interval of the horizontal axis using
− the + or magnifying
glass options on the bottom-right. Move the graph by clicking and
holding your mouse cursor on the graph. Make adjustments until the
maximum point of the graph is clearly visible. You will use this graph
to answer the following questions:
c) What is the maximum altitude attained by the model rocket?
d) How long does the model rocket take to reach the maximum altitude?
e) Zoom out and save a screenshot of your graph. Label the point where
the maximum altitude occurs. Title the graph as Question 9c, and
submit it with your assignment.
QUESTION 10
QUESTION 11
QUESTION 12
