document.write( "Question 464081: Please help me to solve this problem. In his model for storage and shipping costs of materials for a manufacturing process, Lancaster derives the cost function : \"C%28k%29=100%28100%2B9k%2B144%2Fk%29\", 1 ≤ k ≤ 100 , where C(k) is the total cost (in dollars) of storage and transportation for 100 days of operation if a load of k tons of material is moved every k days. Find C(1). For what value of k does C(k) have a minimum ? what is the minimum value ? \n" ); document.write( "
Algebra.Com's Answer #317875 by robertb(5830)\"\" \"About 
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C(1) = 100(100 + 9 + 144) = 25,300 $ total cost of storage and transportation.\r
\n" ); document.write( "\n" ); document.write( "\"C%28k%29=100%28100%2B9k%2B144%2Fk%29\" ==> \"dC%28k%29%2Fdk+=+100%289-144%2Fk%5E2%29\".\r
\n" ); document.write( "\n" ); document.write( "Setting the derivative equal to 0,
\n" ); document.write( " \"+100%289-144%2Fk%5E2%29+=+0\" ==> \"9+-+144%2Fk%5E2+=+0\" ==> \"9+=+144%2Fk%5E2\"\r
\n" ); document.write( "\n" ); document.write( "==> \"k%5E2+=+144%2F9\" ==> k = 4.\r
\n" ); document.write( "\n" ); document.write( "Now \"+d%5E2C%28k%29%2Fdk%5E2+=+100%28288%2Fk%5E3%29+%3E+0\" when k = 4.\r
\n" ); document.write( "\n" ); document.write( "==> Absolute minimum at k = 4. \r
\n" ); document.write( "\n" ); document.write( "Minimum value is C(4) = 100(100 + 9*4 + 144/4) = 17,200 $.
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