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Given: The size of the insulated pipe for transporting hot water is to be minimized. The...

Given: The size of the insulated pipe for transporting hot water is to be minimized. The size of the insulated pipe can be expressed as, y = D + 2T, where D is the diameter of the pipe, T is the insulation thickness, The total annual operating cost consists of the sum of the pumping cost and the heating cost, and it is to be no more than $40,000. Pumping cost = 8/D5 Heating cost = 1500/T Find: (a) the objective function and the constraint (b) the minimum cost using the hemstitching method, start with D = 0.2 and T = 0.1, and with ΔD = 0.005.

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