Solution-At what speed should a boat travel

At what speed should a boat travel

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Reference no: EM131604190

Question: The cost of fuel to propel a boat through the water (in dollars per hour) is proportional to the cube of the speed. A certain ferry boat uses $100 worth of fuel per hour when cruising at 10 miles per hour. Apart from fuel, the cost of running this ferry (labor, maintenance, and so on) is $675 per hour. At what speed should it travel so as to minimize the cost per mile traveled?

Reference no: EM131604190

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At what speed should a boat travel

Reference no: EM131604190

Reference no: EM131604190

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