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A building in the shape of a rectangular box is to have a volume of (see the figure). It is estimated that the annual heating and cooling costs will be $2/square foot for the top, $5/square foot for the front and back, and $3/square foot for the sides. Find the dimensions of the building that will result in a minimal annual heating and cooling cost. What is the minimal annual heating and cooling cost(C)?
Mathematical Models
Abstractions and representations of real-world systems through mathematical expressions to predict and analyze their behavior.
Historical Data
Collected data from past events and trends used to analyze and predict future outcomes or behaviors.
Business Cycle
The fluctuations in economic activity that an economy experiences over a period of time, characterized by periods of expansion and recession.
Inflation Rates
The rate at which the general level of prices for goods and services is rising, indicating the purchasing power of currency is falling.
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