A truck has a min. speed of $9mph$ in the highest gear. When traveling $x$ mph, the truck burns diesel fuel at a rate:
$0.0224868((1156/x) + x)$ gal/mile
The truck can not be driven over $51mph$ and the diesel fuel costs $1.44 gal, find the following.
(a) The steady speed that will minimize the cost of diesel fuel for a 470 mile trip.
The answer for (a) is 34 mile/hour, this is the min. of the function above found via the Extreme Value Theorem.
This is where I am having trouble:
(b) Find the steady speed that will minimize the cost of a 470 mile trip when the driver is being paid $17/hour.
- I have found out that total cost = (cost of the driver) + (cost of fuel for the trip)
I have yet to put any real work behind this because I am lost and I do not know where to start to figure this problem out. I could try a bunch of values, but that would not work and take so long. I thought about making the bounds [34, 51] and somehow finding the inflection point on that, but I do not believe that would work.
I'd appreciate some help with this problem. Thanks.
If you solved 1), solving 2) isn't much harder. Just express the cost of the driver as a function of the distance and the speed $x$. Then solve the problem using the same technique as 1).