Target Competency:illustrate the Extreme Value TheoremSolve optimization problems STEM_BC11D-IIIF-3Direction: Answer the following optimization problems systematically, answeronly those question given to your class.Marking scheme:marks for illustration and or show of analysismarks for correct solution that leads to correct answer and presentationmark for correct answer including unitsmarks for timeliness of submission.(2) An offshore oil well located at a point W that is 5 km from the closest point Aon a straight shoreline. Oil is to be piped from W to a shore point B that is 8 kmfrom A by piping it on a straight line underwater from W to some shore point Pbetween A and B and then on to B via pipe along the shoreline. If the cost oflaying pipe is P10,000,000/km underwater and P5,000,000/km over land,where should the point P be located to minimize the cost of laying the pipe?

In this question, concept of maxima and minima is applied. Maxima and Minima The extrema of a…

Answered: farking scheme: marks for illustration…

College Algebra (MindTap Course List)

12th Edition

ISBN:9781305652231

Author:R. David Gustafson, Jeff Hughes

Publisher:R. David Gustafson, Jeff Hughes

Chapter6: Linear Systems

Section6.8: Linear Programming

Problem 40E

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farking scheme: marks for illustration and or show of analysis marks for correct solution that leads to correct o mark for correct answer including units marks for timeliness of submission.