ASSIGNMENT COVER SHEET

STUDENT DETAILS
Student Student ID
name: Truong Ngoc Tra My number: 31191025168

UNIT AND TUTORIAL DETAILS

Unit Unit
name: Functions, Graphs and Limits number: Chapter 1
Tutorial/Lectu
re: Mathematics for Business Class day and time: March 28th, 2020
Lecturer or Tutor
name: Ms. Nguyen Thi Thu Van

ASSIGNMENT DETAILS

Title: Chapter 1 Exercises

Length Due March 27th, Date
: date: 2020 submitted: March 27th, 2020

DECLARATION
x
I hold a copy of this assignment if the original is lost or damaged.

x I hereby certify that no part of this assignment or product has been copied from any other
student’s work or from any other source except where due acknowledgement is made in the
x assignment.
I hereby certify that no part of this assignment or product has been submitted by me in
another (previous or current) assessment, except where appropriately referenced, and
with prior permission from the Lecturer / Tutor / Unit Coordinator for this unit.
x No part of the assignment/product has been written/ produced for me by any other
person except where collaboration has been authorised by the Lecturer / Tutor /Unit
x Coordinator concerned.
I am aware that this work may be reproduced and submitted to plagiarism detection
software programs for the purpose of detecting possible plagiarism (which may retain a
copy on its database for future plagiarism checking).

Student’s
signature: Tra My
Note: An examiner or lecturer / tutor has the right to not mark this assignment if the above
declaration has not been signed.
 a) The price of unleaded gasoline in
the beginning of the year is x and
has been increasing at a constant
rate of 2 cents per gasoline per
month, then price of anytime given
by

P = x + 0.02t

Since the price is June first (t=5),

$3.80 per gallon, then
 P = x + 0.02t
3.80 = x
+ 0.02(5)
 Then x = 3.7, hence

P = 3.7 + 0.02t

b) The price at the beginning of the year

P(0) = 3.7 + 0.02(0) = $3.7

c) The price on October 1(t = 9) 

P(9) = 3.7 + 0.02(9) = $3,88

The position of the truck x at any time given by: x = 300 – 30t

The position of the car y at any time given by: y = 60t

The distance between the truck and the car:

 Given S(x) = x2 + A
D(x) = Bx + 59

a) Since it is known that no units will be supplied until the unit price is $3, then
A=3
Since market equilibrium occurs when x = 7 units. Then
S(x) = D(x)
49 + A = 7B + 59
52 = 7B + 59
Then B = -1 and
S(x) = x2 + 3, D(x) = -x + 59
b)
 c) At x = 5
S(5) – D(5) = 28 – 54 = -$26
At x = 10
S(10) – D(10) = 103 – 49 = $54

a) F(t)=0 if t2 + 7 = 0 => t2 = -7 (refused)

Or -8t + 72 = 0 => t= 9

b) Consider g(t) = f(t) – 10 is continuous on the interval 1 ≤ t ≤ 7

G(1) = -2 < 0
G(7) = 6 >0

Then by using the intermediate value property. There is a root between

t=1 and t=7
 Because M% ( MUTATION )

. When D = 3 kR, M%(mutations) = 7.7%

. When D = 5 kR, M%(mutations) = 12.7%

And: M-7.7/D-3= 12.7-7.7/5-3

=> Equation of M and D: M= 2.5 x D + 0.2

 If no radiation is used:

M= 2.5 x 0 + 0.2 = 0.2

Since the average daily level of smog in the air given by 

Q(p) = √0.5p + 19.4 and

p(t) = 8 + 0.2t 2

a) The level of smog in the air as a function in time 

Q(p(t)) = √ 0.5∗p (t)+19.4

= √ 0.5(8+ 0.2t 2)+19.4 = √ 0.1 t 2 +23.4

b) After 3 years

Q(p(3)) = √ 0.1 t 2 +23.4 = √ 0.1 ¿3 2+ 23.4 = 4.93

c) At Q=5

    5 = √ 0.1 t 2 +23.4

⇔ 25 = 0.t 2 +23.4

⇔ 1.6 = 0.1 2  

⇔ 16 = t 2 

Then t = 4 years
a)

b) To reach 50% of the campaign’s goal: x = 50

10∗50
f ( 50 )= = 5 (weeks)
150−50

c)  To reach 100% of the campaign’s goal: x = 100

10∗100
f ( 100 )= = 20 (weeks)
150−100
Since the demand for certain commodity is D(x) = -50x + 800
a) Total consumer expenditure E(x) = xD(x) = -50x2 + 800x

b) From the given figure, the level of production x at which consumer expenditure is $8
with maximum $3200

S 4 4 S S S S
S= 4πr^2 => r =
√ 4π
=> V =
3
π r^3 =
S
π
3 4π 4π
4
√ S S
=
3 √ 4π
S S
√
If S is doubled, S = 8πr^2 => r =
8π
=> V=
3
π
8 π√ 8π
=
√
6 4π
a) According to the information, The circulation of a newspaper is
increasing at a constant rate. Three months ago the circulation was
3,200. Today it is 4,400.

   Thus : Rate = ( 4400 - 3200 )/3 = 400

 Equation :  f(t) = 400t + 3200

b) f(5) = 400 x 5 + 3200 = 5200

 Let x be the number of the machine used and each machine can produce 200
medals per hour. So, as x machine are used (200*x) medals will be produced in an hour.
Since the cost of setting up the machines to produce these particular medals is $80 per
machine, then

 Cost = 80x + (400,000/200x)5.76

C(x) = 80x + 11520/x

Min C(x) = 1920 with x = 12

From the figure, the number of machines the firm should be used to minimize cost is $12

Let selling price of each bookcase is x, and number of sold bookcase with price x is
150 - x. The profit P(x) given by

P(x) = Selling price - Cost x Number of bookcase

= (x - 80)(150 - x) 

= -x + 230x – 12000
2
From the figure of the optimal price is $115 with profit $1225

Call x as a selling price, we have the profit per product: p = x -150

Call N as a number of sold camera, since the number of camera sold is 40 when the
price is 340, and will rise up to 10 more if the price reduce $5 each:

Monthly profit:
 −b ∆
I ( 2 a ;− 4 a ¿ = I (225,22050)

Therefore, the optimal price is 255 with profit 22050

Let r be the radius, h be the height of cylinder and V(r) be the volume of the
can
Surface area of the bottom: π r²
Surface area of the curved side: 2 πrh
 80−3 πr ²
The cost of the can: 80= 3 * π r² + 2* 2 πrh => h= 4 πr
The volume V =πr ² h

Then the volume of the can V(t):

80−3 πr ² 80 r−3 π r 3
V(r)= πr ² 4 πr
=
4

Let T be the tax payment of the homeowner

V: assessed value

Proposition A: T = 100 + 8% V

Proposition B: T = 1,900 + 2% V

Criterion1: T1 > T2

 100 + 8% V > 1,900 + 2% V

 V > 30,000

Criterion2: T1 < T2

 100 + 8% V < 1,900 + 2% V

 V < 30,000

Therefore, the homeowner should choose Proposition A if the assessed value

of her home is higher than $30.000 . Or the homeowner should choose Proposition B
if the assessed value of her home is smaller than $30.000
Let f(t) be a function of time t(days)

 Day 1-9: f(t) = 30t (1 ≤ t ≤ 9)

 Day 10-15: f(t) = 30 * 9 + 17t (10 ≤ t ≤ 15)

 Day 16-23: f(t) = 270 + 17 * 6 + 12t (16 ≤ t ≤ 23)

 Day 24-30

Apply arithmetric sequence (S = n/2 (2u1 + (n – 1)d))

U1 = 12

Un = 0

d = -2

n = t – 23

t−23
S= (2 * 12 + (t – 23 – 1) * (-2)
2

30 t if 1 ≤t ≤ 9

 f ( x )=
{
468+
270+ 17 t if 10 ≤t ≤15

t−23
2
372+ 12t if 16 ≤ t ≤ 23
( 24 – 2∗( t – 24 ) ) if 27 ≤ t ≤ 30

49. BREAK-EVEN ANALYSIS

A manufacturer can sell a certain product for $80 per unit. Total cost consists of a
fixed overhead of $4,500 plus production costs of $50 per unit
 a. How many units must the manufacturer sell to break even?

b. What is the manufacturer’s profit or loss if 200 units are sold?

c. How many units must the manufacturer sell to realize a profit of $900?

a) Let x be the number of units and the cost per units is $60, since there are fixed cost
of $4,500, then the total cost given by

C(x)= 4,500+50*x

Since the selling price is $80, then revenue function given by

R(x)= 80*x

And the profit function:

P(x)= R(x) - C(x)

= 80*x - 4,500 - 50*x = 30*x - 4,500

To find the break-even point, set R(x) equal to C(x) and solve:

R(x) = C(x)

80*x=4,500 + 50*x

=> x= 150 and R(x) =C(x) =12,000

A) X=200

P(x)=P(200)=30*200 - 4,500= $1,500

C) P(x) = 900 = 30*x-4,500=> x=180 (units)

50. PRODUCTION MANAGEMENT During the summer, a group of students builds

kayaks in a converted garage. The rental for the garage is $1,500 for the summer, and
the materials needed to build a kayak cost $125. The kayaks can be sold for $275
apiece. 

a. How many kayaks must the students sell to break even? 

b. How many kayaks must the students sell to make a profit of at least $1,000?

We begin by finding a function relating the group’s profit to the number of kayaks they sell.
Let k be the number of kayaks sold. The we have:

R(k) = (price per kayak)(kayaks sold) = 275k

C(k) = (fixed cost) + (cost per kayak)(kayaks made) = 1500 + 125k

 P(k) = R(k) - C(k) = 275k - (1500 + 125k) = 150k - 1500

a) 0 = P(k) = 150k - 1500 ⇒ 150k = 1500 ⇒ k = 10

b) 1000 ≤ P(k) = 150k - 1500 ⇒ 2500 ≤ 150k ⇒ 50/3 ≤  k

And so they must sell 17 kayaks to make a profit of at least $1000

51. Some psychologists believe that when a person is asked to recall a set of facts,
the rate at which the facts are recalled is proportional to the number of relevant facts
in the subject’s memory that have not yet been recalled. Express the recall rate as a
function of the number of facts that have been recalled

Facts are recall: x

Total number of fact: N

Relevant facts not been recalled: y

The rate at which facts are recalled: R

y=N–x

⇔  R = k(y) = k(N – x)

52. COST-EFFICIENT DESIGN A cable is to be run from a power plant on one side of a river
900 meters wide to a factory on the other side, 3,000 meters downstream. The cable will be run
in a straight line from the power plant to some point P on the opposite bank and then along the
bank to the factory. The cost of running the cable across the water is $5 per meter, while the
cost over land is $4 per meter. Let x be the distance from P to the point directly across the river
from the power plant. Express the cost of installing the cable as a function of x.

The goal is to minimize the cost of installing the cable. Le C denote this cost and represent C as
follow:

C = 5 ( number of meters of cable under water) + 4 ( number of meters of cable over land)

Before plunging into the calculations, take a minute to decide which choice of variables is more
advantageous. In , the distance across the water from the power plant to the point P is (by the
Pythagorean theorem )

√((900)^2+(3000-x )²) , and the corresponding total cost function is

C(x)= 5√((900)^2+ x²)+4(3000-x)

The second function is the more attractive since the term 3000 – x is merely multiplied by 4, while in
the first function it is squared and appears under the radical.
 Let x be the radius of the stained glass pane and y be the height of the rectangle
The perimeter of the rectangular clear pane = 4x + 2y
The perimeter of the semicircular stained glass pane = πx
20−x (4+ π )
A window with a 20- foot perimeter: 2y + x(4 + π) = 20 => y =
2
20−x (4+ π )
Surface area of the rectangular clear pane: 2x = 20 x−x 2 (4 +π )
2
Surface area of the semicircular stained glass pane: πx^2
F(x) = 60 x−3 x 2( 4+ π ) + 10π x^2

54. MANUFACTURING OVERHEAD A furniture manufacturer can sell end tables for
$125 apiece. It costs the manufacturer $85 to produce each table, and it is
estimated that revenue will equal cost when 200 tables are sold. What is the
overhead associated with the production of the tables? [Note: Overhead is the cost
when 0 units are produced.]

Solution:

The number of tables is X and Y is the price after changing:

f(X) = Y + 85X

The selling price is $125 for one table, the equation is :

g(X) = 125X

Because of it is estimated that revenue will equal cost when 200 tables are sold: 

f( 200) = Y + 85x 200

25000 = Y + 17 000

=> Y = 8000
=> f(x)= 8000+ 85X

 the overhead associated with the production of the tables

                                            f(0) = 8000

55. MANUFACTURING COST

A manufacturer is capable of producing 5,000 units per day. There is a fixed (overhead) cost of
$1,500 per day and a variable cost of $2 per unit produced. Express the daily cost C as a
function of the number of units produced and sketch the graph of C(x). Is C(x) continuous? If
not, where do its discontinuities occur?

Let’s say the manufacturer produces x units per day. The daily total cost equal the fixed cost of
1,500 plus the variable cost of producing units:

The cost of producing 1 units $2, so the cost producing x units is 2x

The total cost of C, where C is a function of x:

C(x)=1,500 + 2*x , 0<=x<=5000

The daily cost of making 5,000 units:

C(5,000) = 1,500 + 2*5,000 = $11,500

C(x) is continuous because