Ryan K. answered 11/20/20
Here to help you out!
Let's set up the two equations we can use to solve this problem.
450 = πr2h
C = 0.03As + 0.06Atb
C = total cost
As = area of sides = 2πrh
Atb = area of top and bottom = 2πr
Note: The reason the Atb equation is multiplied by 2 is it is accounting for both the top and the bottom, which are the same.
We want to minimize cost, or "C" in our case. To find minimums of functions, we take the derivative and set it equal to zero. First, let's get our equation of "C" and have it be a function of one variable, let's say "r". We will use the volume equation to help us out with this.
C = 2πr(h + 1)
h = 450 / (πr2)
C = 2πr(450 / (πr2) + 1)
C = 900/r + 2πr
Now, let's take the derivative with respect to "r" and set it equal to zero.
dC/dr = -900/r2 + 2π
0 = -900/r2 + 2π
900/r2 = 2π
450/π = r2
r = 11.97 cm
Plug this radius back into the original volume equation to solve for h.
450 = π(11.97)2h
h = 1 cm
Now, plug in r and h into the cost function to find the minimum cost.
C = 2π(11.97)(1 + 1)
C = $150.42