How do you know if there isn't a solution to a calculus optimization problem?

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My teacher was saying that it is possible to have no solution to an optimization problem, and I was curious about how this could be possible. Could someone please explain and possibly give an example?
 
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Here are two examples:

Find maximum value of function f(x) = x

Note that nowhere is the derivative zero or undefined (no critical points). Note also that no boundary is given. At best you can say the maximum occurs in the limit as x \to \infty.

Find maximum value of function f(x)=x^3

Here we have a critical point at x = 0 but note it is an inflection point. Testing points to each side will tell you it is not a local min or max. Again given no boundaries you get no absolute maximum or minimum when you check the behavior as x \to \pm \infty

Third example: Find the absolute maxima and minima of f(x) = 1/x on the interval -1 \le x \le 1. Again you see a critical point at x=0 where the derivative is undefined. However the function is also undefined there and you see that it has a vertical asymptote there. Since the asymptote is two sided going to \infty on one side and -\infty on the other then there is no maximum or minimum value.
 
Well my teachr gave us the example:
A Piece of paper with an area of 100in is to be rolled into an open cylinder with a maximum volume. What dimensions should the paper have to accomplish this. When we solved it in class he said there was no solution but I don't understand why. Could you explain?
 
In general, this would be because the function that describes the volume of the cylinder is proportional to r2. The derivative of this function, which tells you where the maximum would be, is proportional to r. The derivative function will only be zero when r = 0, the trivial case. Since there is no other example where the derivative function is zero, i.e. no other critical points, there cannot be a maximum to the volume.
 
Steely Dan said:
In general, this would be because the function that describes the volume of the cylinder is proportional to r2. The derivative of this function, which tells you where the maximum would be, is proportional to r. The derivative function will only be zero when r = 0, the trivial case. Since there is no other example where the derivative function is zero, i.e. no other critical points, there cannot be a maximum to the volume.

I'm sorry but I'm not really understanding what are you are saying here. Could you possibly rephrase it or simplify it?
 
The function representing the volume is monotonic, it doesn't have any critical points.
V=50r in this case or V=b*50/2pi where b is one of the sides of the paper. It only means that the volume will grow unbounded because you can increase b as much as you want, (the condition for the other side a=100/b can still be satisfied.)
 
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