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Math Help - Mathematical Finance - simple problem

  1. #1
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    Mathematical Finance - simple problem

    Hey guys, I would appreciate your help on this one...

    A company that constructs containers faces the following problem. The material for a rectangular container costs 3 per square foot for the bottom and 2 per square foot for the sides and top.
    Find dimensions of the container so that the volume is 12 cubic feet and the cost is minimum.

    Please help!
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  2. #2
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    Quote Originally Posted by jamie89 View Post
    Hey guys, I would appreciate your help on this one...

    A company that constructs containers faces the following problem. The material for a rectangular container costs 3 per square foot for the bottom and 2 per square foot for the sides and top.
    Find dimensions of the container so that the volume is 12 cubic feet and the cost is minimum.

    Please help!
    Just barely a finance problem.

    Box it Length * Width * Height

    Bottom = Length * Width
    Top = Length * Width
    Sides = 2*(Length * Height) + 2(Width * Height)

    Now what?
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