Optimization calculus khan academy6/19/2023 ![]() However, we also have some auxiliary condition that needs to be satisfied. We have a particular quantity that we are interested in maximizing or minimizing. The basic idea of the optimization problems that follow is the same. Solving Optimization Problems over a Closed, Bounded Interval In this section, we show how to set up these types of minimization and maximization problems and solve them by using the tools developed in this chapter. In manufacturing, it is often desirable to minimize the amount of material used to package a product with a certain volume. ![]() ![]() For example, companies often want to minimize production costs or maximize revenue. One common application of calculus is calculating the minimum or maximum value of a function. 4.7.1 Set up and solve optimization problems in several applied fields.
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