An oil refinery is located on the north bank of a straight river that is 1 km wide. A pipeline is to be constructed from the refinery to storage tanks located on the south bank of the river 5 km east of the refinery. The cost of laying pipe is $500,000 per km over land to a point P on the north bank and $1,000,000 per km under the river to the tanks. To minimize the cost of the pipeline, how far from the refinery should P be located? (Give your answer correct to two decimal places.)
2007-11-05
10:20:08
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2 answers
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asked by
Jess
2
in
Science & Mathematics
➔ Mathematics