In 1956, M. King Hubbert proposed a model to analyze crude oil production. His model, with updated data, gives world crude oil production as -0.042r 254.43e (1+2.12e-0.0422 Here P is measured in billions of barrels per year, and this time, in years, since 2000. (a) Make a graph of world crude oil production for 2000 through 2040. P P 35 30 25 20 19 15 10 St P 35 0 25 20 35 30 25 19 10 P=. St 10 10 20 20 30 30 40 40 35 30 25 20 15 10 S 10 20 30 30 25 20 505 15 10 (b) In what year does this model predict a peak in world crude oil production? (Round your answer to the nearest whole number.) 19 (c) What is the maximum crude oil production predicted by this model? (Round your answer to the nearest whole number.) billion barrels per year 10 20 30 40
In 1956, M. King Hubbert proposed a model to analyze crude oil production. His model, with updated data, gives world crude oil production as -0.042r 254.43e (1+2.12e-0.0422 Here P is measured in billions of barrels per year, and this time, in years, since 2000. (a) Make a graph of world crude oil production for 2000 through 2040. P P 35 30 25 20 19 15 10 St P 35 0 25 20 35 30 25 19 10 P=. St 10 10 20 20 30 30 40 40 35 30 25 20 15 10 S 10 20 30 30 25 20 505 15 10 (b) In what year does this model predict a peak in world crude oil production? (Round your answer to the nearest whole number.) 19 (c) What is the maximum crude oil production predicted by this model? (Round your answer to the nearest whole number.) billion barrels per year 10 20 30 40
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Transcribed Image Text:In 1956, M. King Hubbert proposed a model to analyze crude oil production. His model, with updated data, gives world crude oil production as
-0.042r
254.43e
(1+2.12e-0.0422
Here P is measured in billions of barrels per year, and this time, in years, since 2000.
(a) Make a graph of world crude oil production for 2000 through 2040.
P
P
35
30
25
20
15
10
5
35
30
25
20
19
10
5
P=-
10
10
20
20
30
30
40
40
O
35
30
25
20
15
10
5
10
20
30
40
P
35
30
25
20
15
10
5
Ć
(b) In what year does this model predict a peak in world crude oil production? (Round your answer to the nearest whole number.)
19
(c) What is the maximum crude oil production predicted by this model? (Round your answer to the nearest whole number.)
billion barrels per year
10
20
30
40
t
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