This preview has intentionally blurred sections. Sign up to view the full version.
View Full DocumentThis preview has intentionally blurred sections. Sign up to view the full version.
View Full DocumentThis preview has intentionally blurred sections. Sign up to view the full version.
View Full Document
Unformatted text preview: of E and r ? 5) An oil refinery is located on the north bank of a straight river that is 2 kilometers wide. A pipeline is to be constructed from under the refinery to storage tanks located on the south bank of the river 6 kilometers east of the refinery by first laying a line along the north bank to a point P and then passing under the river to the tanks. The cost of laying pipe is $400,000 per kilometer over land to a point P and $800,000 per kilometer under the river to the tanks. To minimize cost, where should P be located. 6) A baseball stadium holds 55,000 spectators. With ticket prices at $10 each, the average attendance had been 27,000. When the ticket prices were lowered to $8 each, the average attendance rose to 33,000. If we assume a linear relationship between ticket price and average attendance, how should ticket prices be set to maximize profits?...
View
Full Document
 Spring '07
 Prevendoski
 Calculus, Orders of magnitude, Rectangle, Metre

Click to edit the document details