BPA 12203

MATHEMATICS FOR MANAGEMENT

Chapter 9

INTEGRATION

Mathematics for Management: Integration

Application

Example 1

If the marginal profit for producing x units per day is given by

P 0 (x) = 100 − 0.02x P (0) = 0

where P (x) is the profit in dollars, find the profit function P and
the profit on 10 units of production per day.

Mathematics for Management: Integration

Example 2

A company manufactures x HDTVs per month. The monthly

marginal profit (in dollars) is given by

P 0 (x) = 165 − 0.1x 0 ≤ x ≤ 4, 000

The company is currently manufacturing 1,500 HDTVs per month,

but is planning to increase production. Find the change in the
monthly profit if monthly production is increased to 1,600 HDTVs.

Mathematics for Management: Integration

Example 3

The market research department of a supermarket chain has

determined that, for one store, the marginal price p0 (x) at x tubes
per week for a certain brand of toothpaste is given by

p0 (x) = −0.015e−0.01x

Find the price-demand equation if the weekly demand is 50 tubes

when the price of a tube is $4.35. Find the weekly demand when
the price of a tube is $3.89.

Mathematics for Management: Integration

Example 4

An average student enrolled in a typing class progressed at a rate of

N 0 (t) = 7e−0.1t

words per minutes t weeks after enrolling in a 15-week course.

a) If a student could type 25 words per minute at the beginning
of the course, how many words per minute N (t) would the
student be expected to type t weeks into the course?
b) After completing the course?

Mathematics for Management: Integration

Example 5

An amusement company maintains records for each video game

installed in an arcade. Suppose that C(t) and R(t) represent the
total accumulated costs and revenues (in thousands of dollars),
respectively, t years after a particular game has been installed.
Suppose also that

C 0 (t) = 2 R0 (t) = 9e−0.5t

The value of t for each C 0 (t) = R0 (t) is called the useful life of
the game.
a) Find the useful life of the game, to the nearest year.
b) Find the total profit accumulated during the useful life of the
game.

Mathematics for Management: Integration