To minimize the cost, the pipe should be laid 1 kilometer down the coast.
How to minimize cost
Given:
The offshore oil well is 5 kilometers off the coast.
The refinery is 6 kilometers down the coast.
Laying pipe in the ocean costs twice as much as on land.
We need to find the distance down the coast to lay the pipe in order to minimize the cost.
Let the distance the pipe is laid down the coast be denoted as 'x' kilometers.
The total cost for laying the pipe includes the cost of the offshore section and the cost of the on-land section.
If laying pipe in the ocean is twice as expensive as on land, then the cost per kilometer on land (C_land) can be compared to the cost in the ocean (2 * C_land).
Now, set up the cost equation:
Total cost (C) = Cost of offshore section + Cost of on-land section
The cost equation can be represented as:
C = 2 * C_land * 5 + C_land * x
C = 10 * C_land + C_land * x
C = C_land * (10 + x)
The total distance from the oil well to the refinery is 5 kilometers off the coast plus 'x' kilometers down the coast, which equals 6 kilometers.
Therefore, x = 6 - 5 = 1 kilometer
Hence, to minimize the cost, the pipe should be laid 1 kilometer down the coast.