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MT1302
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­A government project involves laying electrical cables between a national grid and a town being newly established. The total length of wire needed in this project has been estimated to be 500 miles. The cost of wire used is directly proportional to the volume of wire used. The shape of wire is of a long and thin cylinder. Volume of a cylinder is \( πr^2 l \) where r is the radius of the cylinder and l is its length. The project has received three bids from wire manufacturing companies - A, B, and C. The ratio of the radii of the wires used by the three companies is 2:3:4; the ratio of the prices per unit volume of the wires used by the three companies is 3:2:1. The bid by company A is $240,000.

In the table, select the values that represent the approximate value of the bids by company B and company C respectively. Make only two selections, one in each column.­
Given
A:B:C­
Radius is 2:3:4
R^2 is 4:9:16
Price per unit is 3:2:1

Company A quoted 240k

Quick approach
For A 240k = 4x3x20k (4x3 is given and 20k is the relationship deduced)

So for B
9x2x20k (use same deduced relationship) = 360k

And for C
16x1x20k (use same deduced relationship) =320k
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c: cost of wire
v: volume
p: price per unit volume

\(­c = p * v\)

........A.........B..........C
r.......2x........3x........4x
v......4y.........9y........16y
p......3..........2..........1

\(c_A = 240 = v * p = 4y * 3 = 12y\)

=> y = \(\frac{240}{12} = 20\)

\(c_B = 18y = 20 * 18 = 360\)

\(c_C = 16y = 16 * 20 = 320\)­
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