Math Problem Statement
A rectangular recreational field needs to be built outside of a gymnasium. Three walls of fencing are needed and the fourth wall is to be a wall of gymnasium itself. The ideal area for such a field is exactly 490000 ft^2. to minimize costs, it is necessary to construct the fencing using the least amount of material possible. Assuming the the material used in the fencing costs $41/ft, what is the least amount of money needed to build this fence of ideal area?
Solution
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Math Problem Analysis
Mathematical Concepts
Optimization
Geometry
Calculus (Derivatives)
Formulas
Area of a rectangle: A = x * y
Cost of fencing: Cost = total fencing length * cost per foot
Fencing length to minimize: F = 2y + x
Derivative for optimization: dF/dx = -980000/x^2 + 1
Theorems
Optimization using derivatives (critical points)
Suitable Grade Level
Grades 11-12