A metal box with a square base and vertical sides is to contain $1024\;{\rm{c}}{{\rm{m}}^3}$. If the material for the top and bottom costs Rs.5 per ${\rm{c}}{{\rm{m}}^2}$ and the material for the sides costs Rs.2.50 per ${\rm{c}}{{\rm{m}}^2}$. Then, find the least cost of the box.
A metal box with a square base and vertical sides is to contain $1024\;{\rm{c}}{{\rm{m}}^3}$. If the material for the top and bottom costs Rs.5 per ${\rm{c}}{{\rm{m}}^2}$ and the material for the sides costs Rs.2.50 per ${\rm{c}}{{\rm{m}}^2}$. Then, find the least cost of the box.
Official Solution
Since, volume of the box $= 1024\;{\rm{c}}{{\rm{m}}^3}$
Let length of the side of square base be $x\;{\rm{cm}}$ and height of the box be $y\,{\rm{cm}}$.
Therefore the volume of the box $(V) = {x^2} \cdot y = 1024$
Since, ${x^2}y = 1024 \Rightarrow y = \frac{{1024}}{{{x^2}}}$
Let $C$ denotes the cost of the box.
Therefore,$C = 2{x^2} \times 5 + 4xy \times 2.50$
$= 10{x^2} + 10xy = 10x(x + y)$
$= 10x\left( {x + \frac{{1024}}{{{x^2}}}} \right)$
$= \frac{{10x}}{{{x^2}}}\left( {{x^3} + 1024} \right)$
$\Rightarrow$ $C = 10{x^2} + \frac{{10240}}{x}$ …….(i)
On differentiating both sides w.r.t. $x$, we get
$\frac{{dC}}{{dx}} = 20x + 10240{( - x)^{ - 2}}$
$= 20x - \frac{{10240}}{{{x^2}}}$ …..(ii)
Now, $\frac{{dC}}{{dx}} = 0$
$\Rightarrow$ $20x = \frac{{10240}}{{{x^2}}}$
$\Rightarrow$ $20{x^3} = 10240$
$\Rightarrow$ ${x^3} = 512 = {8^3} \Rightarrow x = 8$
Again, differentiating Eq. (ii) w.r.t. $x$, we get
$\frac{{{d^2}C}}{{d{x^2}}} = 20 - 10240( - 2) \cdot \frac{1}{{{x^3}}}$
$= 20 + \frac{{20480}}{{{x^3}}} > 0$
$\therefore {\left( {\frac{{{d^2}C}}{{d{x^2}}}} \right)_{x = 8}} = 20 + \frac{{20480}}{{512}} = 60 > 0$
For $x = 8$, cost is minimum and the corresponding least cost of the box,
$C(8) = 10 \cdot {8^2} + \frac{{10240}}{8}$
$= 640 + 1280 = 1920$
Therefore the least cost =Rs.1920
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