Math Problem Statement
Solution
The image shows a problem in economic and business mathematics, where a producer's production details over six months are given. Here's a breakdown of the problem:
Problem Summary:
-
Given:
- In the 3rd month, the production was 28,000 units.
- The total production over 6 months was 174,000 units.
-
Questions to solve:
- a) The monthly increase in production.
- b) The production in the first month.
- c) Production in the 10th month.
- d) Total production over 1 year.
Let's assume the production follows an arithmetic progression (AP):
- The production in the nth month can be represented as:
where is the production in the -th month, is the first month's production, and is the monthly increase in production.
Step-by-Step Solution Approach:
-
For month 3, we know:
. -
The total production over 6 months:
.
Now, we can solve these two equations simultaneously to find (first month's production) and (monthly increase).
Let me calculate this.From the calculations:
- The production in the first month () is 24,000 units.
- The monthly increase in production () is 2,000 units.
Now let's proceed to answer the remaining questions:
-
Production in the 10th month:
Using the formula , we can find . -
Total production over 1 year (12 months):
The total production for 12 months in an arithmetic progression is given by:
.
I'll calculate these values next.The remaining results are:
- Production in the 10th month: 42,000 units.
- Total production over 1 year (12 months): 420,000 units.
Would you like further details on the steps involved, or do you have any other questions?
Here are some related questions to expand your understanding:
- What assumptions are made in using an arithmetic progression for production?
- How would the results change if production followed a geometric progression instead?
- How could seasonal variations affect monthly production in real-world scenarios?
- What are other methods to model production growth over time?
- How can we calculate total production if the growth rate changes mid-year?
Tip: Always check if the production pattern fits a linear progression; otherwise, explore other models (like exponential growth).
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Math Problem Analysis
Mathematical Concepts
Arithmetic Progression
Algebra
Summation
Formulas
P_n = P_1 + (n - 1) · d
Total_n = (n/2) · (2P_1 + (n - 1) · d)
Theorems
Arithmetic Sequence Formula
Sum of an Arithmetic Sequence
Suitable Grade Level
College-level Economics or Business Math
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