ps1 - BAYLOR UNIVERSITY HANKAMER SCHOOL OF BUSINESS...

Info icon This preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
B AYLOR U NIVERSITY H ANKAMER S CHOOL OF B USINESS D EPARTMENT OF F INANCE , I NSURANCE & R EAL E STATE Dr. Garven Name _____________________ Problem Set #1 1. Determine the first derivative of each of the following functions: a. 2 3 10 5 Y X X b. 3 2 (4 ) Y X X c. 3 3 /(4 ) Y X X d. 4 /( 3) Y X X 2. Determine the second derivative of the following functions: a. Y X X 2 4 9 3 b. ( ) Y X X 2 4 3 c. ( ) Y X X 3 4 2 d. / Y X 4 3 3. Find the partial derivative of Y with respect to X and the partial derivative of Y with respect to Z in each of the following cases: a. 10 3 2 Y Z X b. 2 3 18 4 Y Z X c. 0.2 0.8 Y Z X d. 3 /(4 ) Y Z X 4. One very important question facing hospitals is this: How big must a hospital be (in terms of patient- days of care) to minimize the cost per patient-day?
Image of page 1
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern