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Mila [183]
4 years ago
15

A rectangular box is to have a square base and a volume of 20 ft3. if the material for the base costs $0.28 per square foot, the

material for the sides costs $0.10 per square foot, and the material for the top costs $0.22 per square foot, determine the dimensions of the box that can be constructed at minimum cost.
Mathematics
1 answer:
AleksandrR [38]4 years ago
7 0
Then the area of the top and bottom are each x^2. 
<span>Then the height of the box is 40/x^2. </span>
<span>Then each side of the box is 40/x square feet. </span>
<span>Then the area of all four sides is 160/x square feet. </span>
<span>Then the total cost is represented by: </span>
<span>0.30x^2 + 0.05 (160/x) + 0.20x^2 </span>
<span>Expand the middle term and combine x^2 terms: </span>
<span>0.50x^2 + 8/x </span>
<span>Rewrite for easy differentiation: </span>
<span>0.50x^2 + 8x^-1 </span>
<span>Take the derivative: </span>
<span>x - 8x^-2 </span>
<span>Set the derivative to zero: </span>
<span>x - (8/x^2) = 0 </span>
<span>Multiply by x^2 </span>
<span>x^3 - 8 = 0 </span>
<span>Add 8: </span>
<span>x^3 = 8 </span>
<span>Take the cube root: </span>
<span>x = 2 feet </span>
<span>So the height is 40/4 = 10 feet </span>
<span>So the dimensions with minimum cost are: </span>
<span>2 x 2 x 10 feet.</span>
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Answer:

a) The orchard owner's expected profit from driving the route is $33.

b) The standard deviation of the profit is $27.28

Step-by-step explanation:

a) Data and Calculations:

Apples to sell = 4 half-bushels

Price of each half-bushel sold = $40

Sales revenue = $160 ($40 *4)

Cost of driving the route = $15

Expected values:

Event                          Probability  Revenue       Profit         Expected  Profit

No Sales                        40%            $0         ($15) ($0 - $15)        ($6.00)

Selling 1 half-bushel      30%         $40         $25 ($40 - $15)         $7.50

Selling 2 half-bushels   10%          $80         $65 ($80 - $15)        $6.50

Selling 3 half-bushels   10%         $120       $105 ($120 - $15)     $10.50

Selling 4 half-bushels   10%         $160       $145 ($160 - $15)     $14.50

Total expected profit = $33

Event                          Expected  Profit  Mean        Squared

                                                                       Difference

No Sales                            ($6.00)        -39             1,521

Selling 1 half-bushel           $7.50         -25.5           650.25

Selling 2 half-bushels        $6.50         -26.5           702.25

Selling 3 half-bushels      $10.50         -22.50         506.25

Selling 4 half-bushels      $14.50         -18.50          342.25

Sum of squared differences                                     3,722

Mean of squared differences = 744.4 (3,722/5)

Standard deviation = square root of the mean

= 27.28

= $27.28

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Answer:

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