A simple model for travel costs involves the cost of gasoline and the cost of
a driver. Specifically, assume that gasoline costs \(\$ p /\) gallon and the
vehicle gets \(g\) miles per gallon. Also assume that the driver earns \(\$ w /\)
hour.
a. A plausible function to describe how gas mileage (in mi/gal) varies with
speed \(v\) is \(g(v)=v(85-v) / 60 .\) Evaluate \(g(0)\) \(g(40),\) and \(g(60)\) and
explain why these values are reasonable.
b. At what speed does the gas mileage function have its maximum?
c. Explain why the formula \(C(v)=L p / g(v)+L w / v\) gives the cost of the
trip in dollars, where \(L\) is the length of the trip and \(v\) is the constant
speed. Show that the dimensions are consistent.
d. Let \(L=400 \mathrm{mi}, p=\$ 4 /\) gal, and \(w=\$ 20 / \mathrm{hr} .\) At
what (constant) speed should the vehicle be driven to minimize the cost of the
trip?
e. Should the optimal speed be increased or decreased (compared with part (d))
if \(L\) is increased from \(400 \mathrm{mi}\) to \(500 \mathrm{mi}\)? Explain.
f. Should the optimal speed be increased or decreased (compared with part (d))
if \(p\) is increased from \(\$ 4 /\) gal to \(\$ 4.20 /\) gal? Explain.
g. Should the optimal speed be increased or decreased (compared with part (d))
if \(w\) is decreased from \(\$ 20 /\) hr to \(\$ 15 /\) hr? Explain.