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Homework answers / question archive / Given Y = -2X2 + 20X - 20 1)Find the optimal value of X 2)Is this a maximum or minimum point? Explain
Given Y = -2X2 + 20X - 20
1)Find the optimal value of X
2)Is this a maximum or minimum point? Explain.
1. At optimal value of X, ∂Y/∂X = 0
Y = - 2 X 2 + 20 X - 20
∂Y/∂X = - 4 X + 20
-4 X + 20 = 0
4 X = 20
X = 20/ 4
= 5
2. To find whether the optimal point is a maximum or a minimum point, we find the second derivative. If the second derivative is negative, then it is a maximum point. If the second derivative is positive, then it is a minimum point.
∂Y/∂X = - 4 X + 20
∂ 2Y/∂X 2 = - 4
This therefore means that it is a minimum point.