Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A company wants to manufacture soup cans of a fixed volume. After analyzing construction costs, the company has determined that the cost of construction of

A company wants to manufacture soup cans of a fixed volume. After analyzing construction costs, the company has determined that the cost of construction of the can, in cents, is given by

C(r) = 80 r + 0.3r2

where r is the radius of the can, in cm. Given that the company wants to manufacture only cans whose radii are between 3 and 8 cm, find the absolute minimum cost of construction of a can. Also find the radius of the can that the company should use to achieve the minimum cost.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Business Analytics Methods Models And Decisions

Authors: James R. Evans

2nd Edition

321997824, 978-1119298588, 978-0321997821

More Books

Students also viewed these General Management questions

Question

Find each integral. x tan 11x dx

Answered: 1 week ago