The value V (in thousands of dollars) of an industrial machine is modeled by where N is

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The value V (in thousands of dollars) of an industrial machine is modeled by


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where N is the number of hours the machine is used each day. Suppose further that usage varies with time in such a way that


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where t is the number of months the machine has been in operation.


a. How many hours per day will the machine be used 9 months from now? What will be the value of the machine at this time?


b. At what rate is the value of the machine changing with respect to time 9 months from now? Will the value be increasing or decreasing at this time?

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Related Book For  answer-question

Calculus For Business, Economics And The Social And Life Sciences

ISBN: 9780073532387

11th Brief Edition

Authors: Laurence Hoffmann, Gerald Bradley, David Sobecki, Michael Price

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