A metal box with a square base and vertical sides is to contain 1024 cm3. The material for the top and bottom costs Rs 5/cm2 and the material for the sides costs Rs 2.50/cm2. Find the least cost of the box.
Given: A metal box with a square base and vertical sides is to contain 1024 cm3, the material for the top and bottom costs Rs 5/cm2 and the material for the sides costs Rs 2.50/cm2.
To find: the least cost of the box
Let the side of the square be x cm and
Let the vertical side of the metal box be y cm.
Then as per the given criteria the volume of the metal box with square base will be,
V=base × height
Here base is square, so volume becomes
V=x2y
This is equal to 1024 cm3. Hence volume becomes
1024cm3=x2y
Now, we will find the total area of the metal box.
As it is given the base is square, that means top is also a square, so
Area of top and bottom = 2x2cm2
Given the material for the top and bottom costs Rs 5/cm2, so the material cost for top and bottom becomes
Cost of top and bottom =Rs. 5(2x2)
Now the vertical side of metal box is y cm, so
Area of one side of the metal box = xy cm
Now the metal box has 4 sides, so
Area of all the sides of the metal box = 4xy
Given the material for the sides costs Rs 2.50/cm2
∴ Cost of all the sides of the metal box =Rs. 2.50(4xy)
So the total area of the metal box is
A=2x2+4xy
And the total cost of the metal box is
C=5(2x2)+ 2.50(4xy)
Substituting the value of y from equation (i) in the above equation, we get
Now differentiating both sides with respect to x, we get
Applying differentiation rule of sum, we get
Now applying the derivative, we get
Now we will apply second derivative test to find out the minimum value of x, so for that let C=0, so equating above equation with 0, we get
⇒x3=512
Solving this we get
⇒ x=8
Differentiating equation (ii) again with respect to x, we get
Applying differentiation rule of sum, we get
At x=8, the above equation becomes,
Now at x=8, C’(8)=0 and C’’(8)>0, so as per the second derivative test, x is a point of local minima and C(8) will be minimum value of C.
Hence least cost becomes
⇒Cx=8=640+1280=Rs.1920
Hence the least cost of the metal box is Rs. 1920