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Business Applications
In this section let's take a look at some applications of derivatives in the business world. For the most of the part these are actually applications which we've already looked at, but now they are going to be approached along an eye towards the business world.
Determine Rank Correlation Coefficient A group of 8 accountancy students are tested in Quantitative Techniques and Law II. Their rankings in the two tests were as:
Total Contribution per Year for next 10yeras =$1000+$800 =$1800 So Total Future fund Vaule =$1800*(1+1.073+power(1.073,2)+ power(1.073,2)+ power(1.073,3)+ power(1.073,4)+ power
The sides of a triangle are x^(2 )+x+1, 2x+1,x^2-1, prove that the largest angle is 120 degrees, and find range of x. Ans) The biggest side is x^(2) + x + 1 so findout the angl
nature of operation research
What is Sets and set theory?
Your engineering department estimated the following production function. Q = 15L 2 - 0.5L 3 a. What is the marginal product of labor function, MP L ? b. What is the aver
Richland Health has three hospitals in the greater Tampa, Florida area. Demand for patient services varies considerably during the fall and winter months due to the temporary influ
If 28,000 = 85% and 28,000 / X = 100%. What the freak is X and how do you work it out.
a medical clinic performs three types of medical tests that use the same machines. Tests A, B,and C take 15 minutes, 30 minutes and 1 hours respectively, with respective profits of
A tangent to a curve at a point is a straight line which touches but does not intersect the curve at that point. A slope of the curve at a point is defined as the
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