Question: Formulae: Bisection method x m = x i + x n 2 , Newton - Raphson method x i + 1 = x i -
Formulae: Bisection method NewtonRaphson method
Problem: For a merchant, the profit on a product is a function of the oost the product x
which can be expressed as:
Profit:
Find the cost of the product for the maximum profit to the merchant. Assume and
a Use the bisection method, and perform iterations
b Use NewtonRaphson method to perform iterations
c If the true solution of the problem is calculate and discuss error trends in part a
and b
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