Math Problem Statement

The function S = 50,000e−0.2x models sales decay for a given product. The variable S represents the monthly sales and the variable x represents the number of months that have passed since the promotional campaign ended. If 9 months have passed since the promotional campaign ended, then x =

Incorrect: Your answer is incorrect. can be substituted into the given function to compute the sales, S, for this product at this point in time.

Substitute this x-value in and simplify the exponent for e. S = 50,000e−0.2x

= 50,000e

Incorrect: Your answer is incorrect.

Since S is measured in dollars, round the answer to the nearest cent (hundredth). Nine months after the promotional campaign ends, the sales are predicted to be $

Incorrect: Your answer is incorrect. .

Solution

We are given the function S=50,000e0.2xS = 50,000 e^{-0.2x}, where SS represents the sales and xx represents the number of months that have passed since the promotional campaign ended. We are tasked with finding SS when x=9x = 9 months.

Step 1: Substitute x=9x = 9 into the equation.

S=50,000e0.2×9S = 50,000 e^{-0.2 \times 9}

Simplify the exponent:

S=50,000e1.8S = 50,000 e^{-1.8}

Step 2: Approximate e1.8e^{-1.8}.

Using a calculator or approximation:

e1.80.165298e^{-1.8} \approx 0.165298

Step 3: Multiply by 50,000.

Now calculate the sales:

S=50,000×0.165298=8,264.90S = 50,000 \times 0.165298 = 8,264.90

Final Answer:

The predicted sales after 9 months are approximately $8,264.90.

Would you like more details on any step, or have any questions?

Relative Questions:

  1. What does the function suggest about the long-term sales trend?
  2. How does the decay constant, 0.2-0.2, affect the sales over time?
  3. What are some methods to calculate the value of e1.8e^{-1.8} without a calculator?
  4. Can the function be modified to model a different product with a slower decay rate?
  5. What would sales be after 12 months using the same model?

Tip:

When dealing with exponential decay, always check the units of the decay constant to understand the time scale of the process.

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Math Problem Analysis

Mathematical Concepts

Exponential Decay
Algebra
Sales Decay Modeling

Formulas

S = 50,000e^{-0.2x}
Exponential decay formula S = S_0 * e^{-kx}

Theorems

Properties of Exponential Functions

Suitable Grade Level

Grades 10-12