How do you find the cost of materials for the cheapest such container given a rectangular storage container with an open top is to have a volume of 10m^3 and the length of its base is twice the width, and the base costs $10 per square meter and material for the sides costs $6 per square meter?

1 Answer
Feb 7, 2015

Let x and y be the lenght and width of the base, and z be the height.

Knowing that the lenght is twice the width means that x=2y

Knowing that the volume is fixed at 10m^3, means that x*y*z=10

From the previous relation, we can express x in terms of y, obtaining x*y*z=10 \rightarrow 2y*y*z=10 \rightarrow 2y^2*z=10, and from this equality we can obtain z as a function of y: z=10/{2y^2}= 5/y^2

Expressing all the three variables in terms of one is important, because now we have a problem which depends on a single variable: the area of the basis is x*y=2y^2, and the lateral surface surface is given by 2(x+y)z=6y*5/y^2=30/y

Since the base costs $10 per square meters, and the lateral surface costs $6 per square meters, the total cost is given by
10*2y^2 + 6*30/y=20y^2 + 180/y.

So, c(y)=20y^2 + 180/y is the function that we want to minimize, to minimize the cost. Let's study its first derivative, and find the values for which it equals zero:

c'(y)=40y - 180/y^2=0 \iff 40y = 180/y^2 \iff y^3=9/2
So, if you choose y as the cube root of 9/2, you'll minimize the function, and thus the cost.