The rate of change in revenue for Under Armour from 2004 through 2009 can be modeled by dR dt = 13.897t + 284.653 t where R is the revenue (in millions of dollars) and t is the time (in years), with t = 4 corresponding to 2004. In 2008, the revenue for Under Armour was $725.2 million.† (a) Find a model for the revenue of Under Armour. (Round your constant term to two decimal places.) R(t) = Correct: Your answer is correct. (b) Find Under Armour's revenue in 2007. (Round your answer to two decimal places.)

Respuesta :

Answer:

a

  The model is [tex]R(t) = \frac{13.897t^2 }{2} + 284.653 * ln(t) -311.42[/tex]

b

  The revenue for 2007 is  [tex]R(7) = \$ 582.97[/tex]

Step-by-step explanation:

From the question  we are told that

  The rate of change in revenue is  [tex]\frac{dR}{dt} = 13.897t + \frac{284.653}{t}[/tex]

   The revenue at 2008 is   [tex]R_8 = \$ 725.2 \ millon[/tex]

Generally we are told from the question that the revenue is denoted as R so to obtain R we integrate the both sides of rate of change in revenue, so  

      [tex]\int\limits dR = \int\limits ( 13.897t + \frac{284.653}{t})dt[/tex]

=>   [tex]R(t) = \frac{13.897t^2 }{2} + 284.653 * ln(t) + c[/tex]

From the question at  t = 8 ,  [tex]R_8 = \$ 725.2 \ millon[/tex]

So

     [tex]725.2 = \frac{13.897* 8^2 }{2} + 284.653 * ln(8) + c[/tex]

=> [tex]725.2 = 1036.623 +c[/tex]

=> [tex]c = -311.42[/tex]

So

     [tex]R(t) = \frac{13.897t^2 }{2} + 284.653 * ln(t) -311.42[/tex]

At t = 7 the  Under Armour's revenue is mathematically represented as

     [tex]R(7) = \frac{13.897 * 7^2 }{2} + 284.653 * ln(7) -311.42[/tex]

=>   [tex]R(7) = \frac{13.897 * 7^2 }{2} + 284.653 * ln(7) -311.42[/tex]

=>   [tex]R(7) = \$ 582.97[/tex]

                   

From the differential equation given, we have that:

a) The model is:

[tex]R(t) = 6.9485t^2 + 284.653\ln{t} + 219.41[/tex]

b) The revenue in 2007 was of $594.67 million.

The differential equation for the rate of change of revenue is:

[tex]\frac{dR}{dt} = 13.897t + \frac{284.653}{t}[/tex]

It can be solved using separation of variables, hence:

[tex]\int dR = \int \left(13.897t + \frac{284.653}{t}\right) dt[/tex]

[tex]R(t) = 6.9485t^2 + 284.653\ln{t} + K[/tex]

In which K is the constant of integration.

Item a:

In 2008, the revenue was of $725.2 million, hence R(4) = 725.2, and this is used to find K.

[tex]R(t) = 6.9485t^2 + 284.653\ln{t} + K[/tex]

[tex]725.2 = 6.9485(4)^2 + 284.653\ln{4} + K[/tex]

[tex]K = 725.2 - 6.9485(4)^2 - 284.653\ln{4}[/tex]

[tex]K = 219.41[/tex]

Hence, the model is:

[tex]R(t) = 6.9485t^2 + 284.653\ln{t} + 219.41[/tex]

Item b:

This is R(3), as 2007 - 2004 = 4, hence:

[tex]R(3) = 6.9485(3)^2 + 284.653\ln{3} + 219.41 = 594.67[/tex]

Thus, the revenue in 2007 was of $594.67 million.

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