least cost

[From Calculus&Mathematica]

You are the chief dispatcher for the C&M Trucking Company, which sends Mack trucks on the straight shot between Chicago and New Orleans on Interstate 57. You know that:

  • The run between the two cities is \(750\) miles.
  • Running at a steady \(50\) miles per hour, the Mack gets \(4\) miles per gallon.
  • For each mile per hour increase in speed, the big Mack loses \(\frac {1}{10}\) of a mile per gallon in its mileage.
  • The driver team gets \(27\) dollars per hour.
  • Keeping the truck on the road costs an extra \(12\) dollars per hour over and above the cost of the fuel.
  • Diesel fuel for the Mack costs \(\$3.09\) per gallon.

Approximately, what steady speed should you tell your drivers to hold in order to make the run at least cost?

According to the story, which of the following are components of the total cost for the Chicago to New Orleans run?

Fuel Food Driving Team Truck Maintanence Tolls

If the truck travels at a steady speed of \(v\), then how long with it take to complete the trip?

time = \(\answer {\frac {750}{v}}\) hours.

If the truck travels at a steady speed of \(v\), then what will be the cost of the driving team

Driving Team Cost = \(\answer {\frac {20250}{v}}\) dollars.

If the truck travels at a steady speed of \(v\), then what will be the cost of maintaining the truck?

Truck Maintenance Cost = \(\answer {\frac {9000}{v}}\) dollars.

The final cost to calculate is for fuel.

Fuel cost \(\$3.09\) per gallon, therefore we need to know how many gallons the trip will take. To calculate gallons, we need the gas mileage for the truck.

The truck is traveling \(750\) miles and gets \(4-\frac {(v-50)}{10} \frac {miles}{gallon}\). From this we can calculate the total number of gallons needed, which will then give us the cost of fuel.

If the truck travels at a steady speed of \(v\), then what will be the cost of fuel?

Fuel Cost = \( 3.09 \cdot \answer {\frac {750}{4-(v-50)/10}}\) dollars.

That gives a total cost based on speed

\[ Cost(v) = \frac {27 \cdot 750}{v} + \frac {12 \cdot 750}{v} + \frac {3.09 \cdot 750}{4-(v-50)/10} \]

From the graph, we can see that there is a minimum cost of \(\$1161\) when the truck is traveling at a speed of approximately \(47.62\) miles per hour.

However, we would like an exact speed.

with Calculus

Calculus tells us that the derivative of \(Cost(v)\) is

\[ Cost'(v) = \frac {23175}{(90-v)^2} - \frac {29250}{v^2} \]

We can obtain the critical number by setting \(Cost'(v)\) equal to \(0\) and solving.

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2025-05-18 00:01:18