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 Message Boards » » Max Profit Via Calculus Page [1]  
random101
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So, I am in this business class. We are doing an assignment where we are trying to maximize profit. We have four different commodities we can order differing amounts. We can also set them at four different prices. Its been a few years since I have had calculus, but isn't there a calculus system we can use to max profit?

1/14/2009 4:27:31 PM

PaulISdead
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Yes! there is.

1/14/2009 4:32:45 PM

Big Business
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yup.

equate that shit in terms of each otherz

differentiate that shit. then check for the max. but don't forget the end points. in reality this is almost never the max, but in practice it may frequently be.

I'm Big Business and i approved this message.

1/14/2009 4:36:43 PM

darkone
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Quote :
"differentiate that shit"

1/14/2009 4:54:52 PM

JH34
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I think Big Business needs to get into the textbook writing biz.

1/19/2009 11:52:16 AM

urge311
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use excel and set up some tables (solver, solvertable)

1/19/2009 2:57:29 PM

clalias
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possibly. But the best way to do this is using linear programing.

1/19/2009 4:05:16 PM

0EPII1
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perhaps if random101 would give us a definite question instead of his random101 ramblings, people here wouldn't be giving random101 answers.

1/19/2009 5:16:38 PM

joe_schmoe
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Quote :
"CALCULUS

...

PROFIT"

1/20/2009 4:39:27 AM

 Message Boards » Study Hall » Max Profit Via Calculus Page [1]  
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