Math Problem Statement

A box is to be made where the material for the sides and the lid cost​ $0.20 per square foot and the cost for the bottom is ​$0.30 per square foot. Find the dimensions of a box with volume 20 cubic feet that has minimum cost.

Solution

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Math Problem Analysis

Mathematical Concepts

Optimization
Cost Minimization
Volume Constraints
Partial Derivatives

Formulas

Volume of box: V = x * y * h = 20 cubic feet
Cost function: C = 0.50(xy) + 0.40(xh + yh)
Partial derivatives: ∂C/∂x and ∂C/∂y

Theorems

Lagrange Multipliers
Partial Differentiation

Suitable Grade Level

Undergraduate level (Calculus or Multivariable Calculus)