Raymond B. answered 05/11/22
Math, microeconomics or criminal justice
Area= A = 836 ft^2
A =Length times Width = LW
L = A/W = 836/W
Perimeter = 2W + L
Cost = 7(2W) + 4L
$7 per foot for pine,
$4 per foot for steel
Cost = C = 14W + 4(836/W)
C = 14W + 3344/W
take the derivative and set equal to zero, to find cost minimizing dimensions
C' = 14 -(3344)/W^2 = 0
multiply by W^2
14W^2 = 3344
W^2 = 3344/14 = 1672/7
W =sqr(1672/7) = about 15.46 feet = 15.5 ft width
L = 836/15.46 = about 54.09= 54.1 ft long
dimensions are 15.5 by 54.1 feet
Minimum Cost = 7(15.5) + 4(54.1)
= 108.5 + 216.4
=about $324.90