Calculus Story Problem (optimization/minimization)
So, this should be really easy. But it's driving me crazy. I have done like 10 problems pretty similar to this today, but can not figure this one out. We have to do all the steps and explain why we chose to do the steps that we did.
"The cost per hour for fuel to run a train is (v^2)/4 dollars, where v=speed of train in miles per hour. Other costs, including labor, are $300 per hour. How fast should the train travel on a 360 mile trip to minimize the total cost for the trip?"
I know that the answer is 34.64 miles per hour, but I have no idea how to get to that answer. If someone could tell me the steps to get there, that would be amazing. Thanks so much.