Question: A design engineer is sizing a transfer pump motor. The size of the motor is a continuous variable between 1 0 and 4 0 kW

A design engineer is sizing a transfer pump motor. The size of the motor is a continuous variable between 10 and 40 kW. The transfer pump will be required to supply 9,000 kWh of work per year.
The annual ownership cost of the pump is given by: CF + cown*P, where CF is the fixed cost of the pump, cown is the incremental ownership cost per kW, and P is the power rating of the motor in kilowatts.
The operating cost of the motor per kWh will be given by: Cop= cv/P, where Cop is the operating cost per kWh, and cv is the incremental operating cost constant.
Create and solve a model of this problem using the following parameter values: CF = $120, cown = $0.60, and cv = $0.055. The model should determine the optimal size motor for this application.

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