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IB Math SL Year 2 SWITCH #1 and #3 Name: ________________________ Date: _________ 9-3: Optimization Day 2 Todayβs Goals: What is optimization? How do you maximize/minimize quantities using calculus? What is optimization? It involves finding the ______________ or ______________ value of a function subjected to a ________________. Constraint - _______________________________________________________________________________________ General Approach to solving optimization question using calculus: 1. 2. 3. 4. Read the problem at least ________(Carefully) and draw a _______, if appropriate Identify your givens and what you are looking for Assign a variable for each quantity involved in the problem. Write an equation involving the quantity you are trying to make as ____ or as ______ as possible (Equation to be ____________________________) 5. Write an equation that involves the restrictions to the problems (____________________ equation) 6. Use the ___________________equation to rewrite the equation to be optimized so that it is only in terms of _________variable 7. Find the ____________ points (derivative = ______) Determine the max or min value 8. Example 1) Find the dimensions of a rectangle with a perimeter of 100 ft whose area is as large as possible. 1. Identify what we will optimize: 2. Identify constraint: 3. Sketch: 4. Write an equation of the quantity to optimize : 5. Write an equation for the constraint, only in terms of one variable. 6. Use constraint equation, to rewrite: 7. Find critical values. 8. Answer the question. 9. IB Math SL Year 2 Example 2) An open box is to be made from a 16in by 30in piece of cardboard by cutting squares of equal size from the four corners and bending up the sides. What size should the length of the squares be to obtain a box with largest possible volume? Example 3) Find the two numbers whose sum is 40 and whose product is as large as possible? 1. Identify what we will optimize: 2. Identify constraint: 3. Write an equation of the quantity to optimize : 4. Write an equation for the constraint, only in terms of one variable. 5. Use constraint equation, to rewrite: 6. Find critical values. 7. Answer the question. IB Math SL Year 2 You Try! 4. You have 40 feet of fence to enclose a rectangular garden along the side of a barn. What is the maximum area that you can enclose? 5. We need to enclose a rectangular field with a fence. We have 500 feet of fencing material and a building is on one side of the field and so wonβt need any fencing. Determine the dimensions of the field that will enclose the largest area. IB Math SL Year 2 6. The sum of one positive number and twice a second positive number is 200. Find the two numbers so that their product is a maximum. 7. Let x be the number of thousands of units of an item produced. The revenue for selling x units is r(x) = 4βπ₯ and the cost of producing x units is c(x) = 2x2. a. The profit p(x) = r(x) β c(x). Write an expression for p(x). ππ π2 π b. Find ππ₯ and π π₯ 2 . c. Hence, find the number of units that should be produced in order to maximize profit.