Let's say that the rectangular shipping crate with a square base has the dimensions:
The volume of such a shipping crate is:
Additionally, the lateral sides have an area of:
For the base and the top:
The cost of the material is $7 per square foot for the base and $2 per square foot for the top and the sides. Then, the total cost C will be:
Because there are 4 sides, one base, and one top, and the areas of the base and the top are equal. We know that the volume is a fixed value, then:
Using this result in the expression of the cost:
Now, to find the minimum cost, we take the derivative of C with respect to a:
The minimum is obtained by solving the equation dC/da = 0:
Using this result, we can calculate b:
Finally, the dimensions of the crate that will minimize the total cost of material are: