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Calculus & Exam Section 6
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Methods One can calculate derivatives and integrals via two different methods: Analytically – Lots of scary math. Graphically – Some drawing and some not-so-scary math.
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Graphical Integration
In order to do graphical integration: Split up the area under the curve into small rectangles. Calculate the area of each of the rectangles. Sum all the areas of the rectangles.
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Graphical Integration Example
Integrate the function from x = 0 to x = 4: area = = 10.5 2.000 2.000 1.625 1.625 1.25 1.25 .375 .375 The actual area under the curve is 8 when calculated analytically. The more rectangles you use the better your precision.
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On to the exam problem…
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The Problem You were asked to use graphical integration to graph a stock with the following inflows and outflows assuming the initial value of the stock to be 100: 5 10 15 20 40 80 Flows (units/time) Inflow Outflow
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First Things First First, calculate the net flow by graphically subtracting the outflow from the inflow: 80 Inflow Outflow Flows (units/time) 40 Net Flow 60 – 50 = 10 60 – 80 = -20 60 – 70 = -10 30 – 40 = -10 50 – 40 = 10 70 – 40 = 30 40 – 30 = 10 60 – 30 = 30 20 – 20 = 0 20 – 40 = -20 -20 5 10 15 20
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Integration Now, chop up the Net Flow function with rectangles and calculate the area for each: 80 Flows (units/time) 40 Net Flow 32 1.25 x 25 = 31.25 31 1.25 x 25 = 31.25 1.25 x 0 = 0 1.25 x 0 = 0 1.25 x 0 = 0 16 1.25 x 12.5 = 15.63 16 1.25 x 12.5 = 15.63 1.25 x 0 = 0 12 1.25 x 10 = 12.5 12 1.25 x 10 = 12.5 12 1.25 x 10 = 12.5 12 1.25 x 10 = 12.5 -25 1.25 x -20 = -25 -25 1.25 x -20 = -25 -16 1.25 x 12.5 = 15.63 -16 1.25 x = -20 5 10 15 20
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Graphing The next step is to calculate the y-value for the given point by adding the area of the integral (area of the rectangle) to the y-value of the previous point. For example, for x = 1: y = = 100 and so on…
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Graphing Step By Step 80 Net Flow Flows (units/time) 40 32 31 0 0 16
0 0 16 16 12 13 12 13 -25 -25 -16 -16 -20 5 10 15 20 = 118 = 130 = 161 = 177 = 100 = 100 = 106 = 177 = 161 = 75 = 50 = 82 = 94 = 50 = 34 = 34 100 5 10 15 20 100 200 Stock (units)
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Analytical Solution The following is the graph of the analytical solution… for the math geek in all of us: y = 100 y = 10x - 25 y = -20x + 150 y = 5x2 – 70 x + 275 y = 5x x -1450
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