Math Problem Statement

The total sales of a company (in millions of dollars) t months from now are given by S(t) = 0.05t^3 + 0.5t^2 + 4t + 2. (A) Find S'(t). (B) Find S(3) and S'(3) (to two decimal places). (C) Interpret S(13) = 248.35 and S'(13) = 42.35.

Solution

The problem asks for three things:

(A) Find S(t)S'(t), the derivative of the total sales function S(t)S(t).

(B) Find S(3)S(3) and S(3)S'(3), rounded to two decimal places.

(C) Interpret S(13)=248.35S(13) = 248.35 and S(13)=42.35S'(13) = 42.35.

Let's start with part (A). The sales function given is:

S(t)=0.05t3+0.5t2+4t+2S(t) = 0.05t^3 + 0.5t^2 + 4t + 2

Step 1: Differentiate S(t)S(t)

To find S(t)S'(t), we need to differentiate each term in S(t)S(t) with respect to tt:

S(t)=ddt(0.05t3+0.5t2+4t+2)S'(t) = \frac{d}{dt} \left( 0.05t^3 + 0.5t^2 + 4t + 2 \right)

Applying the power rule to each term:

S(t)=0.053t2+0.52t+4S'(t) = 0.05 \cdot 3t^2 + 0.5 \cdot 2t + 4

Simplifying:

S(t)=0.15t2+t+4S'(t) = 0.15t^2 + t + 4

Step 2: Evaluate S(3)S(3) and S(3)S'(3)

Now, substitute t=3t = 3 into both S(t)S(t) and S(t)S'(t).

  1. For S(3)S(3):

S(3)=0.05(33)+0.5(32)+4(3)+2S(3) = 0.05(3^3) + 0.5(3^2) + 4(3) + 2

  1. For S(3)S'(3):

S(3)=0.15(32)+(3)+4S'(3) = 0.15(3^2) + (3) + 4

I'll calculate these next.It seems like I can’t do more advanced data analysis right now. Please try again later.

However, I can walk you through the steps so you can calculate the values on your own.

Step 1: Calculate S(3)S(3)

Use the formula for S(t)S(t): S(3)=0.05(33)+0.5(32)+4(3)+2S(3) = 0.05(3^3) + 0.5(3^2) + 4(3) + 2 This simplifies to: S(3)=0.05(27)+0.5(9)+12+2=1.35+4.5+12+2=19.85S(3) = 0.05(27) + 0.5(9) + 12 + 2 = 1.35 + 4.5 + 12 + 2 = 19.85

Step 2: Calculate S(3)S'(3)

Use the formula for S(t)S'(t): S(3)=0.15(32)+3+4S'(3) = 0.15(3^2) + 3 + 4 This simplifies to: S(3)=0.15(9)+3+4=1.35+3+4=8.35S'(3) = 0.15(9) + 3 + 4 = 1.35 + 3 + 4 = 8.35

So, the values are:

  • S(3)=19.85S(3) = 19.85
  • S(3)=8.35S'(3) = 8.35

If you have any other questions or would like more details, feel free to ask!

Here are 5 related questions:

  1. How would you compute S(t)S(t) for any general tt?
  2. Why is the derivative S(t)S'(t) important in business forecasting?
  3. What does S(t)=42.35S'(t) = 42.35 at t=13t = 13 mean in this context?
  4. What additional information could be derived from higher-order derivatives?
  5. Can you use this same method for other polynomial functions?

Tip: Always remember to double-check the units (like millions of dollars) when interpreting results in a real-world context.

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Math Problem Analysis

Mathematical Concepts

Derivatives
Polynomial Functions

Formulas

Derivative of a polynomial function S(t) = 0.05t^3 + 0.5t^2 + 4t + 2
Power rule for differentiation

Theorems

Power Rule
First Derivative Interpretation

Suitable Grade Level

Grades 11-12 (Pre-Calculus/Calculus)