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CURVATURE OF CURVES
117
Now
,
which is positive for all the values of ; hence corresponds to a minimum.
(5) The total cost per hour of lighting a building with lamps of a certain kind is
,
where is the commercial efficiency (watts per candle),
- is the candle power of each lamp,
- is the average life of each lamp in hours,
- cost of renewal in pence per hour of use,
- cost of energy per watts per hour.
Moreover, the relation connecting the average life of a lamp with the commercial efficiency at which it is run is approximately , where and are constants depending on the kind of lamp.
Find the commercial efficiency for which the total cost of lighting will be least.
for maximum or minimum.
and .
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