A mining company has found deposits of gold between two points, `A` and `B`, that are located on a straight fence line that separates Ms Pot's property and Mr Neg's property. The distance between `A` and `B` is 4 units.
The mining company believes that the gold could be found on both Ms Pot's property and Mr Neg's property.
The mining company initially models he boundary of its proposed mining area using the fence line and the graph of
`f : [0, 4] → R, \ f(x) = x(x - 2)(x - 4)`
where `x` is the number of units from point `A` in the direction of point `B` and `y` is the number of units perpendicular to the fence line, with the positive direction towards Ms Pot's property. The mining company will only mine from the boundary curve to the fence line, as indicated by the shaded area below.
- Determine the total number of square units that will be mined according to this model. (2 marks)
The mining company offers to pay Mr Neg $100 000 per square unit of his land mined and Ms Pot $120 000 per square unit of her land mined.
- Determine the total amount of money that the mining company offers to pay. (1 mark)
The mining company reviews its model to use the fence line and the graph of
`p : [0, 4] → R, \ p(x) = x(x - 4 + (4)/(1 + a)) (x - 4)`
where `a > 0`.
- Find the value of `a` for which `p(x) = f(x)` for all `x`. (1 mark)
- Solve `p′(x) = 0` for `x` in terms of `a`. (2 marks)
Mr Neg does not want his property to be mined further than 4 units measured perpendicular from the fence line.
- Find the smallest value of `a`, correct to three decimal places, for this condition to be met. (2 marks)
- Find the value of `a` for which the total area of land mined is a minimum. (3 marks)
- The mining company offers to pay Ms Pot $120 000 per square unit of her land mined and Mr Neg $100 000 per square unit of his land mined.
Determine the value of `a` that will minimize the total cost of the land purchase for the mining company. Give your answer correct to three decimal places. (2 marks)