Exam 21: Calculus-Based Optimization

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The critical point for the function y = 3x2 + 5x + 2 is at

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Find the critical point for the function y = X3 + 60.This point is a(n)

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The slope of a straight line is constant when measured at any point along the line.

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The first step in attempting to find a minimum or maximum of a nonlinear function is to take the derivative of the function, set it equal to zero, and solve for x.

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The derivative of a constant is one.

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The second derivative of the function 4 The second derivative of the function 4   + 3   + 2   + x + 7 is 48   + 18x. + 3 The second derivative of the function 4   + 3   + 2   + x + 7 is 48   + 18x. + 2 The second derivative of the function 4   + 3   + 2   + x + 7 is 48   + 18x. + x + 7 is 48 The second derivative of the function 4   + 3   + 2   + x + 7 is 48   + 18x. + 18x.

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At a minimum of a nonlinear function, the first derivative is equal to zero, and the second derivative is positive.

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The derivative of 5x3 + 3x2 + 7x + 9 is

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If, for a nonlinear function, the first derivative is equal to zero and the second derivative is equal to zero, we have both a maximum and a minimum occurring simultaneously.

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The points of inflection of the curve The points of inflection of the curve     +   + x + 12 are X = 1 and X = -1. The points of inflection of the curve     +   + x + 12 are X = 1 and X = -1. + The points of inflection of the curve     +   + x + 12 are X = 1 and X = -1. + x + 12 are X = 1 and X = -1.

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The second derivative of 8 The second derivative of 8   + 7   + 3x + 9 is + 7 The second derivative of 8   + 7   + 3x + 9 is + 3x + 9 is

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The derivative of 2x2 + 2x + 7 is

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The EOQ model is obtained by taking the second derivative of the revenue function.

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Find the point at which the following function has an inflection point: y = Find the point at which the following function has an inflection point: y =   - 2x<sup>2</sup> + 3x + 6. - 2x2 + 3x + 6.

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The derivative of The derivative of   is is

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We can find a point of inflection by simply setting the second derivative of the nonlinear function equal to zero and solving.

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Find the slope of the line Y = 4X-3 at the point where X = 17.

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Through rigorous quantitative analysis, Geoff develops a trading algorithm that will permit him to gain a competitive advantage over his previous dartboard method of selecting stocks.What he has noticed is that a stock's value at the end of the month can be accurately forecast using the equation PriceEND = Through rigorous quantitative analysis, Geoff develops a trading algorithm that will permit him to gain a competitive advantage over his previous dartboard method of selecting stocks.What he has noticed is that a stock's value at the end of the month can be accurately forecast using the equation Price<sub>END</sub> =   + Price<sub>START</sub> where Price<sub>START</sub> is the stock price at the start of the month and x is the number of days until the next full moon.At what point in time will the stock be at its maximum and minimum? If SBUX is trading at $50 per share at the start of the month, what profit can Geoff realize if he buys 100 shares at its minimum price and sells all 100 shares at its maximum price.Assume Geoff pays a $10 fee for the buy order and another $10 for the sell order. + PriceSTART where PriceSTART is the stock price at the start of the month and x is the number of days until the next full moon.At what point in time will the stock be at its maximum and minimum? If SBUX is trading at $50 per share at the start of the month, what profit can Geoff realize if he buys 100 shares at its minimum price and sells all 100 shares at its maximum price.Assume Geoff pays a $10 fee for the buy order and another $10 for the sell order.

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What is the second derivative of 7 What is the second derivative of 7   + 6   + 3   +9? + 6 What is the second derivative of 7   + 6   + 3   +9? + 3 What is the second derivative of 7   + 6   + 3   +9? +9?

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To maximize total revenues, one can set the derivative of the total revenue function equal to zero and solve.

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