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Chapter 5 Graphing and OptimizationPowerPoint Presentation

Chapter 5 Graphing and Optimization

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Objectives for Section 5.2 Second Derivatives and Graphs

- The student will be able to use concavity as a graphing tool.
- The student will be able to find inflection points.
- The student will be able to analyze graphs and do curve sketching.
- The student will be able to find the point of diminishing returns.

Barnett/Ziegler/Byleen Business Calculus 12e

Concavity

The term concave upward (or simply concave up) is used to describe a portion of a graph that opens upward. Concave down(ward) is used to describe a portion of a graph that opens downward.

Concave down

Concave up

Barnett/Ziegler/Byleen Business Calculus 12e

Definition of Concavity

A graph is concave up on the interval (a,b) if any secant connecting two points on the graph in that interval lies above the graph.

It is concave down on (a,b) if all secants lie below the graph.

down

up

Barnett/Ziegler/Byleen Business Calculus 12e

Concavity Tests

The graph of a function f is concave upward on the interval (a,b) if f´(x) is increasing on (a, b), and is concave downward on the interval (a, b) if f´(x) is decreasing on (a, b).

For y = f (x), the second derivative of f, provided it exists, is the derivative of the first derivative:

The graph of a function f is concave upward on the interval (a, b) if f´´(x) is positive on (a, b), and is concave downward on the interval (a, b) if f´´(x) is negative on (a,b).

Barnett/Ziegler/Byleen Business Calculus 12e

Example 1

Find the intervals where the graph of

f(x) = x3 + 24x2 + 15x – 12.

is concave up or concave down.

Barnett/Ziegler/Byleen Business Calculus 12e

Example 1

Find the intervals where the graph of

f(x) = x3 + 24x2 + 15x – 12.

is concave up or concave down.

f ´(x) = 3x2 + 48x + 15

f ´´(x) = 6x + 48

f ´´(x) is positive when 6x + 48 > 0 or x > –8, so it is concave up on the region (–8, ∞).

f ´´(x) is negative when 6x + 48 < 0 or x < –8, so it is concave down on the region (–∞, –8).

Barnett/Ziegler/Byleen Business Calculus 12e

Example 1(continued)

f (x)

f ´´(x)

- 8

–25 < x < 20,– 400 < y <14,000

–10 < x < 1–2 < y < 6

Barnett/Ziegler/Byleen Business Calculus 12e

Inflection Points

An inflection point is a point on the graph where the concavity changes from upward to downward or downward to upward.

This means that if f´´(x) exists in a neighborhood of an inflection point, then it must change sign at that point.

Theorem 1. If y = f (x) is continuous on (a, b) and has an inflection point at x = c, then either f´´(c) = 0 or f´´(c) does not exist.

continued

Barnett/Ziegler/Byleen Business Calculus 12e

Inflection Points(continued)

The theorem means that an inflection point can occur only at critical value of f´´. However, not every critical value produces an inflection point.

A critical value c for f´´produces an inflection point for the graph of f only if f´´ changes sign at c, and c is in the domain of f.

Barnett/Ziegler/Byleen Business Calculus 12e

Summary

Assume that f satisfies one of the conditions in the table below, for all x in some interval (a,b). Then the other condition(s) to the right of it also hold.

Barnett/Ziegler/Byleen Business Calculus 12e

Example 2

Find the inflection points of f (x) = x3 + 24x2 + 15x – 12.

Barnett/Ziegler/Byleen Business Calculus 12e

Example 2

Find the inflection points of f (x) = x3 + 24x2 + 15x – 12.

Solution:

In example 1, we saw that f ´´(x) was negative to the left of –8 and positive to the right of –8. At x = – 8, f´´(x) = 0.

This is an inflection point because f changes from concave down to concave up at this point.

Barnett/Ziegler/Byleen Business Calculus 12e

Example 2(continued)

Find the inflection point using a graphing calculator.

Inflection points can be difficult to recognize on a graphing calculator, but they are easily located using root approximation routines. For instance, the above example when f is graphed shows an inflection point somewhere between –6 and –10.

–25 < x < 20,– 400 < y <14,000

f (x)

continued

Barnett/Ziegler/Byleen Business Calculus 12e

Example 2(continued)

Graphing the second derivative and using the zeros command on the calc menu shows the inflection point at –8 quite easily, because inflection points occur where the second derivative is zero.

–10 < x < 1– 2 < y < 6

f ´´(x) = 6x + 48

-8

Barnett/Ziegler/Byleen Business Calculus 12e

Second Derivative Test - Concavity

Let c be a critical value for f (x), then

Barnett/Ziegler/Byleen Business Calculus 12e

Curve Sketching

Graphing calculators and computers produce the graph of a function by plotting many points. Although quite accurate, important points on a plot may be difficult to identify. Using information gained from the function and its dervative, we can sketch by hand a very good representation of the graph of f (x). This process is called curve sketching and is summarized on the following slides.

Barnett/Ziegler/Byleen Business Calculus 12e

Graphing Strategy

- Step 1. Analyze f (x). Find the domain and the intercepts. The x intercepts are the solutions to f (x) = 0, and the y intercept is f (0).
- Step 2. Analyze f ´(x). Find the partition points and critical values of f ´(x). Construct a sign chart for f ´(x), determine the intervals where f is increasing and decreasing, and find local maxima and minima.

Barnett/Ziegler/Byleen Business Calculus 12e

Graphing Strategy(continued)

- Step 3. Analyze f´´(x). Find the partition numbers of f´´(x). Construct a sign chart for f´´(x), determine the intervals where the graph of f is concave upward and concave downward, and find inflection points.
- Step 4. Sketch the graph of f. Locate intercepts, local maxima and minima, and inflection points. Sketch in what you know from steps 1-3. Plot additional points as needed and complete the sketch.

Barnett/Ziegler/Byleen Business Calculus 12e

Graphing StrategyExample

- Sketch the graph of y = x3/3 – x2 – 3x
- Step 1. Analyze f (x). This is a polynomial function, so the domain is all reals. The y intercept is 0, and the x intercepts are 0 and
- Step 2. Analyze f´(x). f ´(x) = x2 – 2x – 3 = (x+1)(x–3), so f has critical values at –1 and 3.
- Step 3. Analyze f´´(x). f ´´(x) = 2x – 2, so f´´ has a critical value at x = 1.
A combined (steps 2 and 3) sign chart for this function is shown on the next slide.

Barnett/Ziegler/Byleen Business Calculus 12e

Sign chart for f´ and f´´

(– ∞, –1) (–1, 3) (3, ∞)

f ´´(x) - - - - - - - 0 + + + + + + + +

f ´(x) + + + 0 - - - - - - 0 + + + + +

- 1 1 3

f (x) increasing decreasing increasing

f (x) maximum minimum

f (x) concave down - inflection - concave up

point

Barnett/Ziegler/Byleen Business Calculus 12e

Analyzing Graphs - Applications

A company estimates that it will sell N(x) units of a product after spending $x thousand on advertising, as given by

N(x) = –2x3 + 90x2 – 750x + 2000 for 5 ≤ x ≤ 25

(a) When is the rate of change of sales, N ´(x), increasing? Decreasing?

Barnett/Ziegler/Byleen Business Calculus 12e

Analyzing Graphs - Applications

A company estimates that it will sell N(x) units of a product after spending $x thousand on advertising, as given by

N(x) = –2x3 + 90x2 – 750x + 2000 for 5 ≤ x ≤ 25

(a) When is the rate of change of sales, N ´(x), increasing? Decreasing?

–5 < x < 50 and –1000 < y < 1000

N ´(x) = –6x2 + 180x –750.

N ´(x) is increasing on (5, 15), then decreases for (15, 25).

15

Note: This is the graph of the derivative of N ´(x)

Barnett/Ziegler/Byleen Business Calculus 12e

Application(continued)

- Find the inflection points for the graph of N.

Barnett/Ziegler/Byleen Business Calculus 12e

0 < x < 70 and –0.03 < y < 0.015

15

15

Note: This is N (x).

Note: This is N ´(x).

Application(continued)- Find the inflection points for the graph of N.
- N ´(x) = –6x2 + 180x –750.
- N ´´(x) = –12x + 180
- Inflection point at x = 15.

Barnett/Ziegler/Byleen Business Calculus 12e

Application(continued)

(c) What is the maximum rate of change of sales?

Barnett/Ziegler/Byleen Business Calculus 12e

Application(continued)

(c) What is the maximum rate of change of sales?

We want the maximum of the derivative.

N ´(x) = –6x2 + 180x –750.

Maximum at x = 15.

N ´(15) = 600.

- 5 < x < 50 and – 1000 < y < 1000

Note: This is the graph of N ´(x).

Barnett/Ziegler/Byleen Business Calculus 12e

Point of Diminishing Returns

If a company decides to increase spending on advertising, they would expect sales to increase. At first, sales will increase at an increasing rate and then increase at a decreasing rate. The value of x where the rate of change of sales changes from increasing to decreasing is called the point of diminishing returns. This is also the point where the rate of change has a maximum value. Money spent after this point may increase sales, but at a lower rate. The next example illustrates this concept.

Barnett/Ziegler/Byleen Business Calculus 12e

Maximum Rate of Change Example

Currently, a discount appliance store is selling 200 large-screen television sets monthly. If the store invests $x thousand in an advertising campaign, the ad company estimates that sales will increase to

N (x) = 3x3 – 0.25x4 + 200 0 <x< 9

When is rate of change of sales increasing and when is it decreasing? What is the point of diminishing returns and the maximum rate of change of sales?

Barnett/Ziegler/Byleen Business Calculus 12e

Example(continued)

Solution:

The rate of change of sales with respect to advertising expenditures is

N ´(x) = 9x2 – x3 = x2(9 – x)

To determine when N ´(x) is increasing and decreasing, we find N´´(x), the derivative of N ´(x):

N ´´(x) = 18x – 3x2 = 3x(6 – x)

The information obtained by analyzing the signs of N ´(x) and N ´´(x) is summarized in the following table (sign charts are omitted).

Barnett/Ziegler/Byleen Business Calculus 12e

Example(continued)

Barnett/Ziegler/Byleen Business Calculus 12e

Example(continued)

Examining the table, we see that N ´(x) is increasing on (0, 6) and decreasing on (6, 9). The point of diminishing returns is x = 6, and the maximum rate of change is N ´(6) = 108. Note that N ´(x) has a local maximum and N (x) has an inflection point at x = 6.

Barnett/Ziegler/Byleen Business Calculus 12e

Summary

- We can use the second derivative to determine when a function is concave up or concave down.
- When the second derivative is zero, we may get an inflection point in f (x) (a change in concavity).
- The second derivative test may be used to determine if a point is a local maximum or minimum.
- The value of x where the rate of change changes from increasing to decreasing is called the point of diminishing returns.

Barnett/Ziegler/Byleen Business Calculus 12e

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