Optimization and Cost Analysis Problems

Optimization and Cost Analysis Problems

Assessment

Interactive Video

Mathematics, Business

11th Grade - University

Hard

Created by

Liam Anderson

FREE Resource

The video tutorial covers optimization techniques in calculus, focusing on maximizing and minimizing functions. It includes practical examples such as maximizing the area of a fenced region, maximizing the volume of a box, minimizing the cost of an oil pipeline, and minimizing the material needed for a cylindrical can. The tutorial emphasizes the importance of constraints and the use of derivatives to find critical points for optimization.

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the two scenarios discussed for maximizing or minimizing continuous functions?

Open intervals and closed intervals

Finite intervals and infinite intervals

Discrete intervals and continuous intervals

Closed finite intervals and open infinite intervals

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In the example of fencing a rectangular region, what is the constraint given?

The amount of fencing available

The length of the rectangle

The width of the rectangle

The area of the rectangle

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the formula for the area of the rectangle in the fencing example?

x^2 + y^2

2x + 2y

x * y

x + y

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In the box example, what is the maximum cut size for each corner?

8 inches

12 inches

4 inches

16 inches

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the cost difference between laying pipe in the ocean and on land in the pipeline example?

Ocean pipe costs twice as much as land pipe

Ocean pipe costs half as much as land pipe

Ocean pipe costs the same as land pipe

Ocean pipe costs three times as much as land pipe

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the distance from point A to point B in the pipeline problem?

5 km

8 km

10 km

12 km

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which theorem is used to calculate the distance from the oil point to point P?

Euclidean theorem

Fundamental theorem of calculus

Binomial theorem

Pythagorean theorem

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