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

Question:

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

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

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

a. Over what time interval is the value of the machine increasing? When is it decreasing?

b. At what time t is the value of the machine the largest? What is this maximum value?

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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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Question Posted: Jun 01, 2023 07:14 AM

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

Question:

V(N) = 3N + 430 2/3 N + 1

Step by Step Answer:

a For N 0 VN has no critical points when Nt 0 which is when t 5 For so dVdt 0 Th...View the full answer

Calculus For Business, Economics And The Social And Life Sciences

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