Professional Documents
Culture Documents
Applications of
Differential Calculus in
Business
Submitted to:
Mahabuba Lima
Assistant Professor,
Department of Finance,
Faculty of Business Studies,
University of Dhaka
Prepared By:
Name ID No.
Giasuddin Bulbul 25054
Muhammad Mostafizur Rahman 25059
Mohammed Riaz Uddin 27006
Nadia Talukder 27032
Muntasir Ul Huq 27081
Applications of Differential Calculus in Business
Executive Summary
This ppt is an attempt to apply theoretical
mathematics into practical business world on the
aspect of Deferential Calculus. The most common use
of calculus is in regard to the computation of the rate
of the change in one variable with reference to an
infinitesimal variation in the other variable.
Differential calculus is a subfield of calculus concerned
with the study of the rates at which quantities change.
It deals with derivatives of functions and their
applications. Derivative of a function tells how the
value of a function changes with any change in its
input. The process of finding derivative is called
differentiation.
Executive Summary-2
y
A A y A
x x y
x
So, it looks like they will generate the most profit if they only
sale 200 of the categories of products instead of all 250 of
them.
Practical Math in Business
Case Study 3: Differentiation
A production facilities is capable of producing 60,000 lot
of Pran RFL mug each containing 10 mug in a day and
the total daily cost of producing x lot of “Mug” in a day is
given by,
How many lot of “Pran RFL mug” per day should they
produce in order to optimize production costs?
Practical Math in Business
Case Study 3: Differentiation