I am doing great with derivatives. I have them down good. But I see a word problem and I have no idea how to set this problem up. These are the death of me. If I just knew how to set these up I could do them but I'm so clueless... ARG
Suppose the annual cost per active-duty armed service member in a certain country increased from $80,000 in 1995 to $90,000 in 2000. In 1990, there were 2 million armed service personnel and this number decreased to 1.5 million in 2000. Use linear models for annual cost and personnel to estimate, to the nearest $10 million, the rate of change of total military personnel costs in 1994.
Any help or hint appreciated...
Sometimes words are used which are confusing and you have to learn them. An example from
http://www.purplemath.com/modules/translat.htm
"...
gas was $4.12 a gallon..." mean if c is the cost of gas
c = 4.12 (dollars / gallon)
So if you got 2 gallons the price p was
p = 2 gallon *
4.12 (dollars / gallon) = 2 * 4.12 dollars = $8.24
So, turning words into formulas, we have to be general in defining our variable:
What do we want:
(1) The rate of change (over the years?) of total military personnel costs so p=total military personnel and c = costs [see (4) below]
(2) We want a value in 1994 [for x=6, see below]
What do we have
(3) they are throwing around years and we want the rate of change over the years so let y=year but why carry around all of those 1994, 1995, 2000, etc. Let's just carry around years since (smallest year) 1990 = x. So x = year-1994.
(4) they are throwing around costs and we want personnel costs, so let c = costs. However, there are a lot of zeros being thrown around so let the c be in thousands of dollars,
(5) x = 5 [y = 1995] then c = 80 [thousand dollars] in country A ('a certain country']
(6) x = 10 [y = 2000] then c = 90 [thousand dollars] in country A ('a certain country']
(7) x = 0 [y = 1990] then p = 2000 [thousand personnel, i.e. 2 million]
(8) x = 10 [y = 2000] then p = 1500 [thousand personnel, i.e. 1.5 million]
(9) Use linear models for annual cost and personnel.
Well linear is a line, so use (5) and (6) to get a line for c in terms of x and (7) and (8) to get a line for p in terms of x. We can use these lines to get an equation of costs in terms of personnel or costs in terms of elapsed years since 1990.
Now the rate of change in costs is the coefficient of p if the costs are expressed in number of personnel (change in costs per number of personnel) or the coefficient of x if the costs are expressed in x (change in costs per year). To put it another way, the rate of change of costs is the derivative of the costs.
Enough for now, got to go.