Math Problem Statement
An oil refinery is located on the north bank of a straight river that is 2km wide. A pipeline is to be constructed from the refinery to storage tanks located on the south bank of the river 6km east of the refinery. The cost of laying pipe is 800,000/km under the river to the tanks and 400,000/km over land. To minimize the cost where should P be located
Solution
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Math Problem Analysis
Mathematical Concepts
Optimization
Derivatives
Cost Minimization
Formulas
Cost(x) = 800,000 * sqrt(x^2 + 4) + 400,000 * (6 - x)
Derivative: d/dx Cost(x) = 800,000 * (x / sqrt(x^2 + 4)) - 400,000
Theorems
Optimization using derivatives
Suitable Grade Level
Grades 11-12 (Advanced Calculus/Optimization)