Question

Select either the minimum or maximum function. Identify a task - personal or professional - that could be modeled mathematically through your chosen function. Explain how the chosen function be used in making good decisions.

Answer 1

Answer:

This is more of a business application.  

Suppose that you want have a factory that produces boxes and you for every box your company can only use, let’s say 10cm^2 , in order for your company to be competitive on the market and beat competitors you want to produce boxes with as much storing capacity as possible, you can find the dimension of that box with maximum capacity using critical points for the volume function of the desired box.