Maximizing total sales. Total sales, S , of Sea Change, Inc, are given by S ( L , M ) = M L − L 2 , Where M is the cost of materials and L is the cost of labor. Find the maximum value of this function subject to the budget constraint M + L = 70 .
Maximizing total sales. Total sales, S , of Sea Change, Inc, are given by S ( L , M ) = M L − L 2 , Where M is the cost of materials and L is the cost of labor. Find the maximum value of this function subject to the budget constraint M + L = 70 .
Solution Summary: The author explains how Lagrange's multipliers are used to find the maximum or minimum value of a function.
-6 -5
*
10
8
6
4
2
-2 -1
-2
1 2 3 4 5 6
-6
-8
-10-
The function graphed above is:
Concave up on the interval(s)
Concave down on the interval(s)
There is an inflection point at:
6
5
4
3
2
1
-6 -5
-3 -2
3
-1
-2
-3
-4
-5
The graph above is a transformation of the function x²
Write an equation for the function graphed above
g(x)
=
6
5
4
3
2
1
-1
-1
-2
-3
-4
A
-5
-6-
The graph above shows the function f(x). The graph below shows g(x).
6
5
4
3
2
1
3
-1
-2
-3
-4
-5
-6 |
g(x) is a transformation of f(x) where g(x) = Af(Bx) where:
A =
B =
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