The sales (in thousands of units) of a new product after
Chapter 6, Problem 31(choose chapter or problem)
The sales S (in thousands of units) of a new product after it has been on the market for t years is given by
\(S=C e^{k / t}\).
(a) Find S as a function of t when 5000 units have been sold after 1 year and the saturation point for the market is 30,000 units (that is, \(\lim _{t \rightarrow \infty} S=30\) ).
(b) How many units will have been sold after 5 years?
Text Transcription:
S=C e^k / t
lim _t rightarrow infty S=30
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