'Marginal profit function' presentation slideshows

Optimization using Calculus

Optimization using Calculus. We will review some rules of differential calculus that are especially useful for management decision making. The profit function. Suppose that a business firm has estimated its profit ( ?) function (based on marketing and production studies) as follows:.

490 views • 33 slides

Spreadsheet-based 0ptimization

Spreadsheet-based 0ptimization. With modern spreadsheets, optimization is a snap. Objective: Execute the optimization of profit functions using the Excel spreadsheet. Problem : Maximizing profits from the sale of microchips. Recall our inverse demand function for microchips [2.2] :.

388 views • 22 slides

Spreadsheet-based 0ptimization

Spreadsheet-based 0ptimization. With modern spreadsheets, optimization is a snap. Objective: Execute the optimization of profit functions using the Excel spreadsheet. Problem : Maximizing profits from the sale of microchips. Our inverse demand function for microchips [ 1 ] :.

294 views • 22 slides

AGEC 317

AGEC 317. Introductory Calculus: Marginal Analysis. Readings. Review of fundamental algebra concepts (Consult any math textbook) Chapter 2, pp. 23-44, Managerial Economics.

254 views • 16 slides

Section 12.1 Techniques for Finding Derivative

259 views • 9 slides