Topic - Minima and Maxima
Topic - Minima and Maxima
Topic - Minima and Maxima
information -
Finding relative minimum & maximum points with
differential calculus
One similarity between the maxima and minima of our function is that the gradient of
our graph is always equal to 0 at all of these points; at the very top of the peaks and the
very bottom of the troughs, the slope of our graph is completely flat. This means our
derivative, f '(x), is equal to zero at these points.
A practical example:
Suppose a shoe factory trying to figure out how many thousands of pairs of
shoes
to produce in order to optimize profit.
And so, let's let x equal the thousands of pairs produced.
r(x) be the money obtained form sale of x shoes
c(x) be the cos of production of x shoes
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