Chapter 2 Optimization Techniques and New Management Tools www.slideshare.net/themhk
www.slideshare.net/themhk Equations: TR = 100Q - 10Q 2 Tables: Graphs:
www.slideshare.net/themhk AC = TC/Q MC =   TC/  Q
www.slideshare.net/themhk
www.slideshare.net/themhk
www.slideshare.net/themhk
www.slideshare.net/themhk The derivative of Y with respect to X is equal to the limit of the ratio   Y/  X as   X appro...
www.slideshare.net/themhk Constant Function Rule: The derivative of a constant, Y = f(X) = a, is zero for all values of a ...
www.slideshare.net/themhk Power Function Rule: The derivative of a power function, where a and b are constants, is defined...
www.slideshare.net/themhk Sum-and-Differences Rule: The derivative of the sum or difference of two functions U and V, is d...
www.slideshare.net/themhk Product Rule: The derivative of the product of two functions U and V, is defined as follows.
www.slideshare.net/themhk Quotient Rule: The derivative of the ratio of two functions U and V, is defined as follows.
www.slideshare.net/themhk Chain Rule: The derivative of a function that is a function of X is defined as follows.
www.slideshare.net/themhk Find X such that dY/dX = 0 Second derivative rules: If d 2 Y/dX 2  > 0, then X is a minimum. If ...
<ul><li>Benchmarking </li></ul><ul><li>Total Quality Management </li></ul><ul><li>Reengineering </li></ul><ul><li>The Lear...
<ul><li>Broadbanding </li></ul><ul><li>Direct Business Model </li></ul><ul><li>Networking </li></ul><ul><li>Pricing Power ...
Upcoming SlideShare
Loading in...5
×

Managerial Economics Chap 2

4,459

Published on

Published in: Education, Technology
1 Comment
1 Like
Statistics
Notes
No Downloads
Views
Total Views
4,459
On Slideshare
0
From Embeds
0
Number of Embeds
0
Actions
Shares
0
Downloads
119
Comments
1
Likes
1
Embeds 0
No embeds

No notes for slide

Managerial Economics Chap 2

  1. 1. Chapter 2 Optimization Techniques and New Management Tools www.slideshare.net/themhk
  2. 2. www.slideshare.net/themhk Equations: TR = 100Q - 10Q 2 Tables: Graphs:
  3. 3. www.slideshare.net/themhk AC = TC/Q MC =  TC/  Q
  4. 4. www.slideshare.net/themhk
  5. 5. www.slideshare.net/themhk
  6. 6. www.slideshare.net/themhk
  7. 7. www.slideshare.net/themhk The derivative of Y with respect to X is equal to the limit of the ratio  Y/  X as  X approaches zero.
  8. 8. www.slideshare.net/themhk Constant Function Rule: The derivative of a constant, Y = f(X) = a, is zero for all values of a (the constant).
  9. 9. www.slideshare.net/themhk Power Function Rule: The derivative of a power function, where a and b are constants, is defined as follows.
  10. 10. www.slideshare.net/themhk Sum-and-Differences Rule: The derivative of the sum or difference of two functions U and V, is defined as follows.
  11. 11. www.slideshare.net/themhk Product Rule: The derivative of the product of two functions U and V, is defined as follows.
  12. 12. www.slideshare.net/themhk Quotient Rule: The derivative of the ratio of two functions U and V, is defined as follows.
  13. 13. www.slideshare.net/themhk Chain Rule: The derivative of a function that is a function of X is defined as follows.
  14. 14. www.slideshare.net/themhk Find X such that dY/dX = 0 Second derivative rules: If d 2 Y/dX 2 > 0, then X is a minimum. If d 2 Y/dX 2 < 0, then X is a maximum.
  15. 15. <ul><li>Benchmarking </li></ul><ul><li>Total Quality Management </li></ul><ul><li>Reengineering </li></ul><ul><li>The Learning Organization </li></ul>www.slideshare.net/themhk
  16. 16. <ul><li>Broadbanding </li></ul><ul><li>Direct Business Model </li></ul><ul><li>Networking </li></ul><ul><li>Pricing Power </li></ul><ul><li>Small-World Model </li></ul><ul><li>Virtual Integration </li></ul><ul><li>Virtual Management </li></ul>www.slideshare.net/themhk
  1. A particular slide catching your eye?

    Clipping is a handy way to collect important slides you want to go back to later.

×