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)