An Open Rectangular Box Is to Contain 864 Cubic Inches

question 177

Short Answer

An open rectangular box is to contain 864 cubic inches. Use the Lagrange multiplier method to find the dimensions of the box which uses the least amount of material.

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Definitions:

B2C Process

A business model that refers to the process where businesses sell products or services directly to consumers, typically through online platforms.

Resellers

Businesses or individuals that purchase goods with the intention of selling them to end-consumers without significant modification.

Producers

Producers are individuals or businesses that create goods or services, playing a crucial role in the economy by offering products for consumer or business use.

Derived Demand

The linkage between consumers’ demand for a company’s output and its purchase of necessary inputs to manufacture or assemble that particular output.