What is the importance of max/min problems in the real world today?

facts and examples are much appreciated!!

- April 7th 2008, 05:27 PMxgoldenxgirlxWhat is the importance of max/min problems in the real world today?
What is the importance of max/min problems in the real world today?

facts and examples are much appreciated!! - April 7th 2008, 05:32 PMMathstud28Ok
They are one of the most practical Calculus applications...max and min problems tell given a distance equation when a particle is at rest and where it changes direction...how to maximize profit in the making of tin cans what dimensions offer the best profit...they help with finding the best inventory/sale ratio...they also help find whats the best way to set up your fencing so that the max area is enclosed

- April 7th 2008, 07:02 PMThePerfectHacker