SOLUTION: Annual sales S for a particular product t years after it is introduced is given by the function S=2000/1+4e^-t/2. When will sales reach 1100 units per year?
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Question 551355: Annual sales S for a particular product t years after it is introduced is given by the function S=2000/1+4e^-t/2. When will sales reach 1100 units per year? Answer by ankor@dixie-net.com(22740) (Show Source):
You can put this solution on YOUR website! Annual sales S for a particular product t years after it is introduced is given by the function S=2000/1+4e^-t/2. When will sales reach 1100 units per year?
:
Assume the equation is:
:
1100 =
: = 2000
: =
: = 1.8182
: = 1.8182 - 1
: = .8182
: =
: = .2045
: = ln(.2045) = -1.587; the nat log of e = 1
t = -1.587 * -2
t = +3.174 yrs; for sales to reach 1100 units