Relative maxima/minima: a quick review A company manufactures two products A and B that sell for $10 and $9 per unit respectively. The cost of producing x units of A and y units of B is 400 + 2x + 3y + 0.01(3x 2 + xy + 3y 2 ). Find the values of x and y that maximize the company’s profits. A. (100, 80) B. (120, 90) C. (120, 80) D. (80, 120) Math 105 (Section 204) Multivariable Calculus – Extremization 2011W T2 1/4 Absolute maxima/minima on closed, bounded sets Let R be a closed, bounded set in the plane. The word “bounded” means that R is contained within a fixed ball centered at the origin. The word “closed” means that the boundary of R is contained in R. Math 105 (Section 204) Multivariable Calculus – Extremization 2011W T2 2/4 Absolute maxima/minima on closed, bounded sets Let R be a closed, bounded set in the plane. The word “bounded” means that R is contained within a fixed ball centered at the origin. The word “closed” means that the boundary of R is contained in R. Statement of the problem Let f be continuous on a closed, bounded set R in the plane. Find the largest value (or maximum) and the smallest value (or minimum) that f attains on R. In other words, find points (a, b) and (c, d) in R such that f (c, d) ≤ f (x, y ) ≤ f (a, b) Math 105 (Section 204) for all (x, y ) in R. Multivariable Calculus – Extremization 2011W T2 2/4 Procedure for finding absolute maxima/minima Step 1 Find the values of f at all critical points in R. Math 105 (Section 204) Multivariable Calculus – Extremization 2011W T2 3/4 Procedure for finding absolute maxima/minima Step 1 Find the values of f at all critical points in R. Step 2 Find the maximum and minimum values of f on the boundary of R. Math 105 (Section 204) Multivariable Calculus – Extremization 2011W T2 3/4 Procedure for finding absolute maxima/minima Step 1 Find the values of f at all critical points in R. Step 2 Find the maximum and minimum values of f on the boundary of R. Step 3 The largest (respectively smallest) function value found in steps 1 and 2 is the absolute maximum value (respectively absolute minimum value) of f on R. Math 105 (Section 204) Multivariable Calculus – Extremization 2011W T2 3/4 An example Find the absolute maximum and minimum values of the function p f (x, y ) = x 2 + y 2 − 2x + 2 on the closed half-disk R = {(x, y ) : x 2 + y 2 ≤ 4 with y ≥ 0}. A. max = 6, min = 1 √ B. max = 10, min = 2 √ C. max = 10, min = 1 D. max = 6, min = 2 Math 105 (Section 204) Multivariable Calculus – Extremization 2011W T2 4/4