Solve the problem.
-The sales of a mature product (one which has passed its peak) will decline according to the function S(t) = S0e-at, where t is time in years since the peak sales. Find the sales of a product 21
Years after its peak sales if a = 0.15 and S0 = 28,100.
A) 32,648 units
B) 602 units
C) 1204 units
D) 761,865 units

Question

Quizplus · Accepted Answer

Using the given formula S(t) = S0e^(-at), with S0 = 28,100, a = 0.15, and t = 21, we calculate the sales 21 years after its peak. Plugging in the values, we get S(21) = 28,100 * e^(-0.15*21) ≈ 1204 units.

Solve the Problem. -The Sales of a Mature Product (One Which Has Passed