1. What is Optimization?
Optimization refers to the process of finding the maximum or minimum value of a function for a given set of constraints. In problems involving a single variable, calculus is used to locate these extreme values.
These problems often arise in geometry, economics, physics, and engineering.
2. Solving Strategy
- Understand the problem and identify the quantity to be maximized or minimized.
- Express this quantity as a function of a single variable.
- Find the domain of the function based on physical or logical constraints.
- Find the first derivative and determine critical points.
- Use the first or second derivative test to classify the critical points.
- Evaluate the function at critical points and endpoints to find the optimal value.
3. Example Problem
**Problem:** Find the dimensions of a rectangle with a perimeter of 100 units that has the maximum area.
- Let length = \( x \), then width = \( (50 - x) \) because perimeter = 2(x + y).
- Area \( A(x) = x(50 - x) = 50x - x^2 \)
- Find the derivative: \( A'(x) = 50 - 2x \)
- Set \( A'(x) = 0 \): \( 50 - 2x = 0 \Rightarrow x = 25 \)
- Second derivative: \( A''(x) = -2 < 0 \), so it's a maximum.
- So the maximum area occurs when both sides are 25 → a square.