Math Problem Statement
Solution
The given sales function for a new high-tech item is:
where represents the sales (in thousands) and is the time in years. We are asked to find the rate of change of sales, which is the derivative of , and analyze it at different time points.
Step 1: Find the derivative of
The rate of change of sales is the derivative , so let's differentiate:
The derivative of the constant is zero, and we need to apply the chain rule to the second term:
The derivative of is , so:
This is the rate of change of sales over time.
Step 2: Find at specific times
a) After 1 year ():
Substitute into the derivative :
Using :
So, the rate of change of sales after 1 year is approximately 21.45 thousand units per year.
b) After 5 years ():
Substitute into the derivative:
Using :
So, the rate of change of sales after 5 years is approximately 4.33 thousand units per year.
Step 3: Analyze the rate of change as time goes on
As increases, becomes smaller and approaches zero. Therefore, also decreases over time, approaching zero.
Thus, as time goes on, the rate of change of sales decreases and approaches zero, meaning sales are growing more slowly over time.
Step 4: Does the rate of change of sales ever equal zero?
Since the derivative is , and never reaches zero (it only approaches zero as ), the rate of change of sales never exactly equals zero at any finite time. It gets closer and closer to zero as increases, but it never actually reaches zero.
Summary of Answers:
- a) After 1 year, the rate of change of sales is approximately 21.45 thousand units/year.
- b) After 5 years, the rate of change of sales is approximately 4.33 thousand units/year.
- c) The rate of change of sales decreases over time as increases.
- d) The rate of change of sales never equals zero at any finite time.
Would you like further clarification on any of these parts or more details?
Here are 5 related questions to consider:
- How would the rate of change of sales change if the exponent were different?
- What happens to the sales itself as goes to infinity?
- Can you interpret this behavior of sales in a real-world context (e.g., product lifecycle)?
- How would you find the time at which the rate of change is half of its initial value?
- What would happen if the sales function included an additional linear term like ?
Tip: When dealing with exponential functions in derivatives, always consider how the exponential term behaves as grows large, since it often dictates long-term behavior.
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Math Problem Analysis
Mathematical Concepts
Calculus
Exponential Functions
Derivatives
Formulas
Derivative of exponential functions
S'(t) = 32e^-0.4t
Theorems
Chain rule in differentiation
Suitable Grade Level
College/Advanced High School (Calculus)
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