Math Modeling › Optimization Models
A company that makes computer monitors is unveiling two new products this spring, a 15 inch screen for $189 and a 19 inch screen for $269. The cost to manufacture the 15 inch screens is $85 per screen and the 19 inch screen is $99 per screen, plus $200,000 for miscellaneous costs. The number of sells for each screen type effects the average selling price. It is estimated that each set average selling price drops by two cents for each additional screen sold. The average sells price for the 15 inch screen will decrease by 0.2 cents for each 19 inch screen sold, the price of the 19 inch screen decreases by 0.3 cents for each 15 inch screen sold. What are the partial differential equations used to find how many units of each type of screens should be manufactured to optimize profit?
A farm has 750 acres of land available for planting crops. The possible crops are soy, corn, and oats. There is 1,200 acre-ft of water for irrigation and the crew will be able to work of the farm 575 hours per week.
Find the amount of each crop that should be planted to maximize the profit.
The table below includes some additional, helpful information.
A company that makes computer monitors is unveiling two new products this spring, a 15 inch screen for $189 and a 19 inch screen for $269. The cost to manufacture the 15 inch screens is $85 per screen and the 19 inch screen is $99 per screen, plus $200,000 for miscellaneous costs. The number of sells for each screen type effects the average selling price. It is estimated that each set average selling price drops by two cents for each additional screen sold. The average sells price for the 15 inch screen will decrease by 0.2 cents for each 19 inch screen sold, the price of the 19 inch screen decreases by 0.3 cents for each 15 inch screen sold. What are the partial differential equations used to find how many units of each type of screens should be manufactured to optimize profit?
A cow that weighs 175 pounds gains 3 pounds per day, and it costs 30 cents per day to keep that cow. The market price for cows is 75 cents per pound, but the price is falling one cent per day. When should the cow be sold to make the maximum profit?
Use the 5-step method.
A cow that weighs 175 pounds gains 3 pounds per day, and it costs 30 cents per day to keep that cow. The market price for cows is 75 cents per pound, but the price is falling one cent per day. When should the cow be sold to make the maximum profit?
Use the 5-step method.
Using Newton's Method as the computational method, optimize the follow problem.
A cow that weighs 175 pounds gains 3 pounds per day, and it costs 30 cents per day to keep that cow. The market price for cows is 75 cents per pound, but the price is falling one cent per day. When should the cow be sold to make the maximum profit?
Using Newton's Method as the computational method, optimize the follow problem.
A cow that weighs 175 pounds gains 3 pounds per day, and it costs 30 cents per day to keep that cow. The market price for cows is 75 cents per pound, but the price is falling one cent per day. When should the cow be sold to make the maximum profit?
A cow that weighs 175 pounds gains 3 pounds per day, and it costs 30 cents per day to keep that cow. The market price for cows is 75 cents per pound, but the price is falling one cent per day. When should the cow be sold to make the maximum profit?
Use the 5-step method.
A farm has 750 acres of land available for planting crops. The possible crops are soy, corn, and oats. There is 1,200 acre-ft of water for irrigation and the crew will be able to work of the farm 575 hours per week.
Find the amount of each crop that should be planted to maximize the profit.
The table below includes some additional, helpful information.
A company that makes computer monitors is unveiling two new products this spring, a 15 inch screen for $189 and a 19 inch screen for $269. The cost to manufacture the 15 inch screens is $85 per screen and the 19 inch screen is $99 per screen, plus $200,000 for miscellaneous costs. The number of sells for each screen type effects the average selling price. It is estimated that each set average selling price drops by two cents for each additional screen sold. The average sells price for the 15 inch screen will decrease by 0.2 cents for each 19 inch screen sold, the price of the 19 inch screen decreases by 0.3 cents for each 15 inch screen sold. What are the partial differential equations used to find how many units of each type of screens should be manufactured to optimize profit?