Event Title

Use of the Function Derivative to Minimize the Cost

Session

Management, Business and Economics

Description

A common problem in mathematics – as well as in many real world context is that as optimization problem (maximization or minimization) some quantity that can be expressed as a function. The aim of this paper is to attempt to determine the mathematical function for the lowest possible cost of a company, which makes the distribution of a cable network for a particular route. The assignment of such mathematical functions will be done by applying the function derivative and interpreted with the assistance of figures.

Keywords:

Function, Derivative, Optimization, Minimization of Cost.

Session Chair

Ylber Limani

Session Co-Chair

Nehat Dobratiqi

Proceedings Editor

Edmond Hajrizi

ISBN

978-9951-550-19-2

Location

Pristina, Kosovo

Start Date

26-10-2019 1:30 PM

End Date

26-10-2019 3:00 PM

DOI

10.33107/ubt-ic.2019.346

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Oct 26th, 1:30 PM Oct 26th, 3:00 PM

Use of the Function Derivative to Minimize the Cost

Pristina, Kosovo

A common problem in mathematics – as well as in many real world context is that as optimization problem (maximization or minimization) some quantity that can be expressed as a function. The aim of this paper is to attempt to determine the mathematical function for the lowest possible cost of a company, which makes the distribution of a cable network for a particular route. The assignment of such mathematical functions will be done by applying the function derivative and interpreted with the assistance of figures.