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ANALYSIS
For Business, Economics, and the Life and Social Sciences
Chapter 13
Curve Sketching
Chapter Objectives
• To find critical values, to locate relative maxima
and relative minima of a curve.
• To find extreme values on a closed interval.
• To test a function for concavity and inflection
points.
• To locate relative extrema by applying the
second-derivative test.
• To sketch the graphs of functions having
asymptotes.
• To model situations involving maximizing or
minimizing a quantity.
2007 Pearson Education Asia
Chapter 13: Curve Sketching
Chapter Outline
13.1) Relative Extrema
13.2) Absolute Extrema on a Closed Interval
13.3) Concavity
13.4) The Second-Derivative Test
13.5) Asymptotes
13.6) Applied Maxima and Minima
Extrema
f ' ( a) = 0
relative extremum
implies
⇒ or
at a f ' ( a ) does not exist
Solution:
Step 1: f ' ( x ) = 2 x − 4 x = 2( x − 2)
Step 2: f (1) = 2
f ( 4 ) = 5 values of f at endpoints
f ( 2) = 1 values of f at critical value 2 in (1, 4 )
Step 3: max is f ( 4 ) = 5 and min is f ( 2) = 1
13.3 Concavity
• Cases where curves concave upward:
Solution:
Applying the rule, y ' = 3( x − 1)
2
y ' ' = 6( x − 1)
Concave up when 6(x − 1) > 0 as x > 1.
Concave down when 6(x − 1) < 0 as x < 1.
b. y = x 2
Solution:
Applying the rule, y ' = 2 x
y'' = 2
As y’’ is always positive, y = x2 is always concave up.
Suppose f’(a) = 0.
• If f’’(a) < 0, then f has a relative maximum at a.
• If f’’(a) > 0, then f has a relative minimum at a.
Solution: y ' = 2( 3 + x )( 3 − x )
y ' ' = −4 x
When y ' = 0, we have x = ±3
When x = +3, y ' ' = −4( 3 ) = −12 < 0
When x = −3, y ' ' = −4( − 3 ) = 12 > 0
Relative minimum when x = −3.
b. y = 6 x 4 − 8 x 3 + 1
Solution: y ' = 24 x 3 − 24 x 2 = 24 x 2 ( x − 1)
y ' ' = 72 x 2 − 48 x
No maximum or minimum
exists when x = 0.
13.5 Asymptotes
Vertical Asymptotes
• The line x = a is a vertical asymptote if at least
one of the following is true:
lim+ f ( x ) = ±∞
x →a
lim− f ( x ) = ±∞
x →a
Nonvertical asymptote
• The line y = mx +b is a nonvertical asymptote if
at least one of the following is true:
lim ( f ( x ) − ( mx + b ) ) = 0 or lim ( f ( x ) − ( mx + b ) ) = 0
x →∞ x → −∞
y = 2x + 1 is an oblique asymptote.
(
lim e x − 1 = ∞
x →∞
)
x → −∞
( )
lim e x − 1 = lim e x − lim 1 = 0 − 1 = −1
x → −∞ x → −∞
Solution: Graph
Solution:
Cost function is C = 3 x + 2y + 2y ⇒ C = 3 x + 4 y
10800
Storage area is xy = 10,800 ⇒ y = x
10800 43200
Analyzing the equations, C ( x ) = 3 x + 4 = 3x +
x x
2
dC 43200 and d C 86400
= 0 = 3− 2
=
dx x 2
dx x3
x = 120 since x > 0 d 2C
Only critical value is
When x = 120, 2 > 0
dx
120.
x =120 gives a relative minimum.
43200
Thus, C (120 ) = 3 x + = 720
120
2007 Pearson Education Asia
Chapter 13: Curve Sketching
13.6 Applied Maxima and Minima
Solution:
Average-cost function is q 2
+ 3q + 400
c q 400
c = c (q) = = 4 = +3+
q q 4 q
To find critical values, we set
dc q 2 − 1600
=0= 2
⇒ q = 40 since q > 0
dq 4q
2
d c 800
2
= 3
dq q is positive when q = 40, which is the only relative
extremum.
40 400
The minimum average cost is c ( 40 ) = +3+ = 23
4 40
Solution:
Let q be the number of units in a production run.
Total of the annual carrying costs and setup is
q 10000 40000
C = 0.1( 20 ) + 40 = q +
2 q q
dC 400000 q 2 − 400000
= 1− 2
=
dq q q2
Setting dC/dq = 0, we get dC q 2
− 400000
=0=
dq q2
q = 400000 ≈ 632.5
Since q > 0, there is an absolute minimum at q = 632.5.
Number of production runs = 10,000/632.5 ≈ 15.8
16 lots Economic size = 625 units
2007 Pearson Education Asia
Chapter 13: Curve Sketching
13.6 Applied Maxima and Minima
160 128
n ( 0 ) = 0, n ( 4 ) = , n( 8) = , n (12 ) = 96
3 3
Absolute maximum occurs when t = 12.
2007 Pearson Education Asia