POKHAR A UNIVERS IT Y

Level: Bachelor Semester –Spring Year : 2017

Programme:BBA/BBA-BI/BBA-TT Full Marks: 100
Course:Business Mathematics II Pass Marks: 45
Time : 3hrs.
Candidates are required to give their answers in their own words as far
as practicable.
The figures in the margin indicate full marks.

Section "A"
Very Short Answer Questions
Attempt all the questions. 10×2
3𝑥 2 +2𝑥−5
1. Determine lim𝑥→∞
2𝑥 2 +5𝑥+7

2𝑥
2. Find the points of discontinuity of the function f(x) = 𝑥 2 −𝑥−2 .

3. The total cost is C=100-5q+7q2, find average cost function and marginal
cost function.
4. Find the price elasticity of demand for the demand function
𝑃 = 400 − 3𝑞2 𝑎𝑡 𝑞 = 20. Also find it’s type
5. Determine whether the function f(x) = x2-5x+4 is increasing or decreasing
at x= -2.
1 2
6. For Cobb-Douglas production function Q= 40 𝐾 3 𝐿3 , Find the rate of
change with respect to capital K when K=27 and L=8.
𝑥+3
7. Evaluate; 𝑥+2
𝑑𝑥

8. Integrate: 𝑙𝑛𝑥 𝑑𝑥
9. Find the area of the region bounded by x axis and the curve y=3𝑥 2 form
x=2 to x=4

10. Graph the half plane given by inequality x+3y≤3.

Section “B”
Descriptive Answer Questions
Attempt any six questions 6×10
𝑥−3
11. a) Evaluate: lim𝑥→3 𝑥 −2− 4−𝑥

1
 b) Test the continuity of function defined by

3𝑥 − 2 𝑓𝑜𝑟 𝑥 > 2
f(x)= 𝑥 2 𝑓𝑜𝑟 𝑥 = 2 at x=2.
𝑥 + 2 𝑓𝑜𝑟 𝑥 < 2
3 3
12. a) Find dy/dx if 𝑥 + 𝑦 = 3𝑎𝑥𝑦 𝑤𝑕𝑒𝑟𝑒 𝑎 𝑖𝑠 𝑎 𝑐𝑜𝑛𝑠𝑡𝑎𝑛𝑡.
𝐴𝑅
b) Deduce the relation ŋ𝑑 = where MR is marginal revenue, AR is
𝐴𝑅−𝑀𝑅
average revenue and ŋ𝑑 is elasticity of demand.

13. a) Determine the location and values of the absolute (global) maximum
and minimum for the function;
𝑓 𝑥 = −𝑥 2 + 8𝑥 − 100 𝑤𝑕𝑒𝑟𝑒 − 2 ≤ 𝑥 ≤ 5.
b) If V=log 𝑥 2 + 𝑦 2 + 𝑧 2 prove that 𝑥𝑣𝑥 + 𝑦𝑣𝑦 + 𝑧𝑣𝑧 = 2

14. a) Find the first and second order total differential of 𝑢 = 𝑥 2 − 2𝑥𝑦 + 𝑦 2 .
b) Examine the relative extrema and test the nature of function;
f(x, y) =2xy subject to constraint 3x+4y=9.

15. a) Given the demand functions of commodities X and Y as

𝑝1 = 8 − 2𝑥 𝑎𝑛𝑑 𝑝2 = 14 − 𝑦 2 , 𝑤𝑕𝑒𝑟𝑒 𝑝1 , 𝑝2 are prices and x,y are
quantities of the respective commodities. The joint cost function is
𝐶 = 10 + 4𝑥 + 2𝑦.determine the quantities that maximize profit and
also find the maximum profit.
1
b) Integrate : 2 𝑑𝑥
𝑥 (1+𝑙𝑜𝑔𝑥 )

𝑒 2
16. a) Integrate:
1
𝑥 𝑙𝑛𝑥. 𝑑𝑥
b) Given the demand function 𝑃𝑑 = 300 − 𝑥 and the supply function of
𝑝𝑠 = 𝑥 + 100, where x is the number of units. Find the consumer’s as
well as producer’s surplus

17. a) Find the general and particular solution of

𝑑2 𝑦
= 6𝑥 − 9, 𝑓′ 2 = 10 𝑎𝑛𝑑 𝑓 −2 = −10
𝑑𝑥 2
b) If the marginal revenue function is given by
𝑎𝑏
𝑀𝑅 = (𝑥 +𝑏)2 − 𝑐, 𝑤𝑕𝑒𝑟𝑒 𝑎, 𝑏, & 𝑐 are constraints show that
𝑎
𝑝 = 𝑥+𝑏 − 𝑐is demand law.

2
 Section "C"

18. Par, Inc. is a small manufacture of golf equipment and supplies whose 10
management has decided to move into the market for medium- and high-
priced golf bags. Par’s distributor is enthusiastic about the new product line
and has agreed to buy all the golf bags Par produces over the next three
months.
After a thorough investigation of the steps involved in manufacturing a
golf bag, management determined that each golf bag produced will
required the following operations:
i. Cutting and dyeing the material
ii. Sewing
iii. Finishing (inserting umbrella holder, club separators, etc.)
iv. Inspection and packaging
The director of manufacturing analyzed each operations and concluded that
if the company produces a medium priced standard model, each bag will
require 7/10 hour in the cutting and dyeing department, ½ hour in the
sewing department, 1 hour in the finishing department, and 1/10 hour in the
inspection and packaging department. The more expensive deluxe model
will require 1 hour for cutting and dyeing 5/6 hour for
sewing 2/3 hour for finishing, and ¼ hour for inspection and packaging.
The production information is summarized in the following table.
Par’s production is constrained by a limited number of hours available
in each department.
After studying departmental work load projections, the director of
manufacturing estimates that 630 hours for cutting and dyeing, 600
hours for sewing, 708 hours for finishing, and 135 hours for inspection
and packaging will be available for the production of golf bags during
the next three months.
Production requirement’s per Golf Bag.
Department Standard Bag Deluxe Bag
Cutting & Dyeing 7/10 1
Sewing 1/2 5/6
Finishing 1 2/3
Inspection and Packaging 1/10 1/4
The accounting department analyzedthe production data, assigned all
relevant variable costs, and arrived at prices for both bags that will
result in a profit contribution of $10 for every standard bag and $9
for every deluxe bag produced
a) Develop a mathematical model of the par, Inc. problem that can be
used to determine the number of standard bags and the number of

3
 deluxe bags to produce in order to maximize total profit contribution.
b) Find an optimum solution.

Retailers often sell different brands of competing products. Depending on

19. 10
the joint demand for the products, the retailer may be able to set prices that
regulate demand and, therefore, influence profits. Suppose HOME –ALL
Inc; a national chain of home improvement retailers, sells two competing
brands of interior flat paint, En-Dure 100 and Croyle and James, which the
chain purchases for $8 per gallon and $ 10 per gallon, respectively. HOME-
ALL’s research department has determined the following two monthly
demand equations for these paints. D = 120 – 40d + 30c and C = 680 + 30d
– 40c where D is hundreds of gallons of En-Dure 100 demanded at $d per
gallon and C is hundreds of gallons of Croyle and James demanded at $c
per gallon. For what prices should HOME –ALL sell these plants in order
to maximize its monthly profit on these items?
To answer this question, compute the following:
a) Recall that revenue is a product’s selling price per item times the
number of items sold. With this in mind, formulate HOME – ALL’s
total revenue function for the two paints as a function of their prices.
b) Form HOME-ALL’s profit function for the two paints (in terms of their
selling prices).
c) Determine the price of each type of paint that will maximize HOME-
ALL’s profit.
d) Write a brief report to management that details your pricing
recommendations and justifies them.