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Sav [38]
3 years ago
5

The base of an aquarium with given volume V is made of slate and the sides are made of glass. If the slate costs three times as

much (per unit area) as glass, use Lagrange multipliers to find the dimensions of the aquarium that minimize the cost of the materials.
Business
1 answer:
Anit [1.1K]3 years ago
5 0

Answer:

See details on explanation below...

Explanation:

By having  a value for volume (v) the solution is as followed:

Let's develop expression for the cost of materials based on one of the dimensions.

Let w= width of the base;

d= depth of the base; and

h= height of the aquarium

C= cost

C= cost of base + cost of walls

=(5)(w×d)+(1)(2(w+d)×h)

Minimum will be performed when the width and the depth are the same.

So we are only need the case (substituting w for d)

C=5w^2+4wh

Volume in this case is expressed as

v=w^2h

So if we re-write our Cost equation as

C=5w^2+4w^2h/w

So we obtain

C=5w^2+4vw^−1

By finding the minimum cost, we take the derivative of this and set the result to zero.

dC/dw=10w−4vw^−2

So this equation is solved for w and via substitution for d and h.  Once a value has been established for the volume (v)

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The difference between a change in supply and a change in the quantity supplied is that the latter is:.
lakkis [162]

A change in quantity supplied is a movement along the supply curve, while a change in supply is a shift in the supply curve.

<h3>What is a supply curve?</h3>

The supply curve is a positively sloped curve that shows how quantity supplied changes with price of the good. All things being equal, the higher the price of the good, the higher the quantity supplied.

<h3>What is a change in supply and a change in quantity supplied?</h3>

A change in quantity supplied is as a result of a change in the price of the good. If price increases, quantity supplied increases and if it decreases, quantity supplied decreases.

A change in supply is caused by other factors other than price. Some of these factors include:

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5 0
2 years ago
the initial business model of the ocean house focused on investing in the development of its staff in the early years before rai
tankabanditka [31]

Answer:

Strategic Human Resources Management

Explanation:

Strategic human resource management is the process of ensuring that employees are attracted, developed, rewarded and retained in order to maximize benefits not only for the employees alone but also for the whole organization.

Strategic human resource management is practiced in such a way that the goals of human resource department and the rest of the organization are in the same direction of ensuring organisational success. This is done by ensuring the best employees required by each department in the organisation are recruited as at when needed, provided adequate training and duly motivated. Therefore, strategic human resource management renders support to the organizational success.

Advantages of Strategic human resource management include high customer satisfaction rates, rise in job satisfaction, increased productivity, allows resources to be managed efficiently, and among others.

All the best.

7 0
4 years ago
Suppose that the total revenue received by a company selling basketballs is $600 when the price is set at $15 per basketball and
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6 0
3 years ago
MFG Company experiences the following cost behavior patterns each week: Fixed costs: supervisor’s salary $3,000; factory rent $6
s2008m [1.1K]

Answer:

Total cost= $204,750

Explanation:

Giving the following information:

Fixed costs: supervisor’s salary $3,000; factory rent $6,500

Mixed costs: utilities $3,500 + $10.25 per unit

Variable costs per unit:

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supplies used in production $13.50

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Variable costs= (10.25 + 30 + 13.5 + 7.25 + 4)*2,950= $191,750

Total cost= $204,750

4 0
3 years ago
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