Applications of Linear Functions PreCalculus H Recall: A linear function is uniquely characterized by the fact that it has a constant rate of change. . We call that rate of change Example 1 The radius is a bone that connects the elbow and the wrist. A woman with a radius 22 cm long should be about 160 cm tall and a woman with a radius 26 cm long should be about 174 cm tall. Write a linear equation relating height, y, to length of the radius x. (a) (b) About how long should the radius be of a woman who is 157 cm tall? 1 Example 2 In 1980, The U.S. had 5.6% of the world‛s population. By 1990, the percent had dropped to 5.2%. Assuming that our share of the world‛s population continues to drop at the same rate, write a linear equation in slope-intercept form that expresses the U.S. percent of the world‛s population, y, in terms of the year, x. 2 The following problems belong to a category called “cost function” problems. Example 3 The Fluff Detergent Company manufactures detergent with a fixed overhead of $5000. Each box of Fluff Detergent costs $0.40 to produce. Write an equation that represents the total cost, C(x), of producing x boxes of Fluff. This equation is called the cost function. 3 Example 4 The Yummy Candy Company can produce 100 candy bars at a cost of $150 and 600 candy bars at a cost of $200. Find the cost function. What is the fixed cost (overhead) of producing candy bars? 4 Example 5 It costs Crunchy Cereal Corporation $1050 to produce 100 boxes of cornflakes and $1250 to produce 500 boxes of cornflakes. Find the cost function. Sketch the graph. 2000 R(x) 1500 Money (in dollars) C(x) 1000 500 x 600 400 200 Number of boxes of cornflakes 800 Suppose each box of cornflakes sells for $2.50. Write the revenue function, R(x), which describes the income generated from the sale of x boxes of cornflakes. Sketch its graph on the same axes. How many boxes of cereal must be sold for the Crunchy Cereal Corp. to “break even?” Note: Break even point is where . If Profit = Revenue - Cost Write a profit function, P(x), for the Crunchy Cereal Corp.‛s sale of cornflakes. For what volume of sales will the Crunchy Cereal Corp. turn a profit? What profit is made from selling 200 boxes of cornflakes? 5
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