7. What equation would you want to solve in order to minimize cost?

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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g: (miles/gallon)

v: (miles/hour or mph)

Relationship function: g(v) = (v*(85-v))/60

Critical points: (0,0) (40,30) (60,25)

Max is at v = 40

L: length of trip in miles

C(v): cost of trip if going at a constant speed v, the cost of gas is p, and the wage to the driver is w.

C(v) = ((L*p)/g(v)) + ((L*w)/v)

If used:

p = $7.50

w = $11.00

L = 120 miles

By graphing we can estimate that at v = 54.14, the minimal cost is at $56.702

7. What equation would you want to solve in order to minimize cost?
Transcribed Image Text:7. What equation would you want to solve in order to minimize cost?
Expert Solution
Step 1

Given that,

The function that relates constant speed, v and the distance travelled, 

gv=v85-v60

The cost of trip if going at a constant speed v,

C(v)=(L×p)g(v)+ (L×w)v

Where,

the cost of gas, p=$7.50

the wage to the driver, w = $11.00.

 the length of trip in miles, L = 120 miles

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