1. The problem aims to find the dimensions of a cylindrical container that will minimize cost for a given volume of 100cm3.
2. The cost of the sides is represented by a function of the radius, while the cost of the tops and bottom is three times the cost of the sides.
3. By setting up the volume and surface area equations and substituting one for the other, an equation for cost is derived as a function of just the radius.
4. Taking the derivative and setting it equal to zero finds the relative minimum, giving an optimal radius of 1.744cm, and substituting back gives the corresponding optimal height of 10.464cm.