A company plans to phase out one model of its product and replace it with a new model. An advertising campaign for the product being replaced just ended, and typically after such a campaign, monthly sales volume in S (in dollars) decays according to S=22,000e^-0.35t where t is in months. When the monthly sales volume for this product reaches $2500, the company plans to discontinue production and launch the new model. How long will it be until this happens?

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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A company plans to phase out one model of its product and replace it with a new model. An advertising campaign for the product being replaced just ended, and typically after such a campaign, monthly sales volume in S (in dollars) decays according to S=22,000e^-0.35t where t is in months. When the monthly sales volume for this product reaches $2500, the company plans to discontinue production and launch the new model. How long will it be until this happens?

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