2. A rectangular storage container with an open top is to have a volume of 80 cubic meters. The length of its base is twice the width. Material for the base costs 80 dollars per square meter. Material for the sides costs 9 dollars per square meter. Find the cost of materials for the cheapest such container.
Minimum cost =
The dimensions of the base are L * W = 2W * W = 2W^2
Ans the height is H
The volume, V, can be expressed as
80 = L * W * H
80 = 2W * W * H
80 = 2W^2 * H solving for the height, we have
40/W^2 = H
So....the surface area,SA, can be expressed as
SA = base area + area of the sides =
2W^2 + 2(40/W^2)(2W) + 2(40/W^2)(W) =
2W^2 + 240/W
So....the cost, C, can be represented as
C =
2W^2(80) + (240/W)(9) =
160W^2 + 2160/W take the derivative of this and set to 0
C ' = 320W - 2160/W^2 = 0
320W^3 - 2160 = 0
W^3 = 2160/320
W^3 = 27/4
W = 3/∛4
And the minimum cost is given by :
160(3/∛4)^2 + 2160 / (3/∛4 ) ≈ $1714.39