Fxed cost for a hot water line per meter of pipe is 100x , Business Economics

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Fxed cost for a hot water line per meter of pipe is 100x

Fixed cost for a hot water line per meter of pipe is $100X + $250 per year. The cost for loss of heat from the pipe per meter is $5.4X^ -2 per year. Here, X represents the thickness of insulation in meters, and X is continious design variable. What is the optimal thickness of insulation.

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Business Economics: Fxed cost for a hot water line per meter of pipe is 100x

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Business Economics: Fxed cost for a hot water line per meter of pipe is 100x

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