00:01
Hello, we have a question which is based on the optimization of the cost and which is in turn application of the derivative only.
00:14
So it is given that the fuel cost per hour, that is fuel cost per hour is given as half of the cube of the speed measured in naught plus additional cost.
00:33
$216 per hour and so according to this model we have to optimize for for the cost total cost okay and we need to find the most economical speed when the distance travel days 500 miles 500 miles okay so let us suppose that it takes time t to travel 500 miles so nautical miles so nautical miles so so speed will be distance by time, that is 500 by t.
01:12
And since this cost is per hour, so we have to multiply both sides by t to get the cost for t hours.
01:22
So cost function, let us suppose cost c will become equal to, after multiplying with t, half v -cube -t plus 216 t.
01:37
Now let us plug in the value of v as this 500 by t so 1 by 2 into 500 by t whole cube into t plus 2116 t so this is 1 by 2 into 500 cube by t plus 216 t that is t squared so this will be 1 by 2 into 500 cube into t x2 t x2 x2 x2 x2 x2 x2 x2 2 plus 216 t this is the cost now we have to optimize this cost so for this we have to take we have to take the first derivative so this will be 1 by 2 into 500 cube into minus 2 t to the power minus 3 plus 2116 so these two will get cancelled out so we'll be writing 500 cube by t cube with negative sign of course 216 so we have to for critical points we have to equal this equal to 0 therefore 500 cube by t q equal to 216 so t cube will be equal to 500 cube by 216 so t cube will be equal to 500 cube by 216 which means t will be equal to 500 by 6 cube raised to the power 1 by 3.
03:13
Now these two will get cancelled out...