Related Rates Question: How to Solve and Understand Using Equations

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In summary, the conversation discusses a problem involving daily production and revenue, with a given marginal rate of revenue and daily production rate. The solution involves determining the total daily revenue and the marginal rate of revenue, using the given information. The confusion arises from mixing up numbers and misunderstanding the meaning of dq/dt.
  • #1
Slimsta
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Homework Statement


http://img25.imageshack.us/img25/1937/38821874.jpg


Homework Equations


in the picture


The Attempt at a Solution


im really confused!
im not sure if i did it right in the picture but i pretty much guessed them all.. (with thinking obviously)
the first one is easy because its just multiplying the whole equation by q..
dq/dt is the product/day right? so 180..
for some reason, i think that q=40 and i cannot explain why not 180
can someone please explain the problem to me? pleasezzz!
 
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  • #2
Yes, since selling q things for p dollars per thing, you make pq dollars, the total daily revenue is pq= q(40- q/180)= 40q- q2/180.

The marginal rate of revenue (as opposed to the average rate of revenue) is dR/dt= dR/dq dq/dt= (40- q/90)(dq/dt) and you are told that "daily production is 180" and that "A company is increasing production at 40 units per day" so q= 180 and dq/dt= 40. dR/dt= (40- 180/90)(40).= (40-2)(40)= 1520 dollars per day on that particular day.

dq/dt is the product/day right?
No. q is the product/day. dq/dt is the rate of change of production per day and you are told that it is 40.
 
  • #3
oh thanks man!
i kinda was doing the same thing just had the numbers mixed up.
and i didnt know that dR/dq = (40- q/90).. i thought its dR/dt...
 

What is a related rates question?

A related rates question is a type of problem in mathematics that involves finding the rate of change of one variable with respect to another variable. In these types of questions, the relationship between the two variables is often described using equations and the goal is to use calculus to find the rate of change at a specific point in time.

How do I solve a related rates question?

To solve a related rates question, you will need to follow these steps:

  1. Identify the variables involved and their rates of change.
  2. Write an equation that relates the variables to each other.
  3. Differentiate the equation with respect to time.
  4. Substitute in the given values and solve for the desired rate of change.

What is the importance of understanding related rates?

Understanding related rates is important because it allows us to model real-world situations and analyze how different variables are changing in relation to each other. This is particularly useful in fields such as physics, engineering, and economics where understanding how different quantities are changing can help us make predictions and solve problems.

What are some common mistakes when solving related rates questions?

Some common mistakes when solving related rates questions include:

  • Not correctly identifying the variables involved.
  • Incorrectly setting up the equation or differentiating it.
  • Forgetting to substitute in the given values or using the wrong values.
  • Not paying attention to units and converting them when necessary.

Can related rates questions be solved without calculus?

No, related rates questions cannot be solved without calculus as they require the use of derivatives and differentiation to find the rate of change. Without calculus, it would be difficult to accurately model and analyze the changing relationships between variables in these types of problems.

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