What are Related Rates problems and how are they solved?

In this video I discuss the application of calculus known as related rates. This video describes the properties of a related rates problem, how to solve a related rates problem in 5 steps, and how those steps are applied in an example word problem.

Video table of contents:
0:00 Introduction
0:32 What are Related Rates problems?
1:18 5 Steps to Solve Related Rates Problems
3:16 Related Rates: An Example Problem
3:56 Draw a diagram
5:05 Label all quantities and their rates of change
8:44 Relate all quantities in the same equation
9:33 Differentiate the equation with respect to time
10:42 Use the resulting equation to answer

If you have any questions, feel free to ask in the comments section.