Engineering >> Industrial & Management Systems

Optimization of a Product for Maximum Profit

by Johana Munoz


Submitted : Spring 2012

Given the prices for certain materials and a specific value for volume, the goal in this project is to derive functions for a crate’s optimal dimensions given a volume constraint in order to minimize its production cost. By using length, width and height as variables, l, w and h and consequently eliminating one of these variables, we can take partial derivatives to derive such formulas.



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Advisors :
Brian Curtin, Mathematics and Statistics
Scott Campbell, Chemical & Biomedical Engineering
Suggested By :
Scott Campbell