Optimizing Price for Tins of Volume 535cm^3

  • Thread starter Thread starter danago
  • Start date Start date
  • Tags Tags
    Volume
Click For Summary

Homework Help Overview

The discussion revolves around optimizing the price for producing tins with a specified volume of 535 cm³. The problem involves calculating the cost based on the surface area of the tin, which includes the base, top, and walls, with different costs associated with each part.

Discussion Character

  • Exploratory, Mathematical reasoning, Assumption checking

Approaches and Questions Raised

  • The original poster attempts to derive equations for surface area and cost, substituting height in terms of radius. Questions arise regarding the next steps in minimizing the cost function and the role of the constant cost variable.

Discussion Status

Participants confirm the original poster's approach and suggest using calculus to minimize the cost function. There is an ongoing exploration of how to eliminate variables and correctly apply differentiation to find optimal dimensions.

Contextual Notes

Participants note that the cost of the metal for the base and top is twice that of the walls, which influences the cost function setup. There is also a recognition of the need to treat certain variables as constants during the optimization process.

danago
Gold Member
Messages
1,118
Reaction score
4
"A company is to produce tins of volume 535cm^3. The cost of the metal per square meter for the base and top is twice the cost of the walls. What base radius and tin height should be used for an optimal price?"

First i wrote equations for the surface area, volume, and cost.

<br /> \displaylines{<br /> A_{Side} = 2\pi rh \cr <br /> A_{Ends} = 2\pi r^2 \cr <br /> C_{Side} = x(2\pi rh) \cr <br /> C_{Ends} = 2x(2\pi r^2 ) \cr <br /> C = 2x(2\pi r^2 + \pi rh) \cr}<br /> 535 = \pi r^2 h\therefore h = \frac{{535}}{{\pi r^2 }}<br />

I then rewrote my cost equation, replacing 'h' with an expression in terms of 'r'.
<br /> C = 2x(2\pi r^2 + \frac{{535}}{r})<br />

So now i have an equation for cost, in terms of x (the cost of the metal for the walls of the tin), and r (the radius of the base/top). Have i gone about it the right way? If so, what should i do next? can i just cancel the x off?

Thanks,
Dan.
 
Last edited:
Physics news on Phys.org
Yes your initial working is absolutely correct.
All you have to do now is to minimise the final cost function C using calculus . Remember that x is a constant here and so the only variable is r.
 
arunbg said:
Yes your initial working is absolutely correct.
All you have to do now is to minimise the final cost function C using calculus . Remember that x is a constant here and so the only variable is r.

ok. So using the product rule i get:
<br /> C&#039; = 2x(4\pi r - \frac{{535}}{{r^2 }})<br />

But I've still got two variables.
 
You have to actually set \frac{dC}{dr}=0 for minimum.
Also remember that x is a constant and can be eliminated.
Now find r.
 
Last edited:
ok i see what do do now. If i had actually taken the time to continue with my working instead of automatically think it was wrong, i would have got it :)

So since
<br /> 2x(4\pi r - \frac{{535}}{{r^2 }}) = 0<br />

I divide everything by 2x, which ends up cancelling the x anyway :) And the answer would be r=3.5, and h=14 :)

Thanks a lot for the help :P
 
You're welcome.:D
 

Similar threads

Replies
2
Views
4K
  • · Replies 31 ·
2
Replies
31
Views
4K
  • · Replies 9 ·
Replies
9
Views
3K
  • · Replies 18 ·
Replies
18
Views
8K
  • · Replies 4 ·
Replies
4
Views
4K
  • · Replies 9 ·
Replies
9
Views
3K
  • · Replies 2 ·
Replies
2
Views
2K
Replies
3
Views
2K
  • · Replies 33 ·
2
Replies
33
Views
3K
  • · Replies 2 ·
Replies
2
Views
3K