【变形应用】解:∵$\frac {y_{2}}{y_{1}}=\frac {(x+1)^2+4}{x+1}=(x+1)+\frac {4}{x+1}(x>-1)≥2\sqrt {(x+1)·\frac {4}{x+1}}=4,$
∴$\frac {y_{2}}{y_{1}}$有最小值$4,$当$x+1=\frac {4}{x+1},$即$x=1$或$x=-3($舍去$)$时取得该最小值,
∴取得该最小值时$x$的值为$1。$
【实际应用】解:设该汽车平均每千米的运输成本为$y$元,
$ $则$y=\frac {0.001x^2+1.6x+360}{x}=0.001x+\frac {360}{x}+1.6=0.001(x+\frac {360000}{x})+1.6,$
∴当$x=\sqrt {360000}=600$时,该汽车平均每千米的运输成本$y$最低,
$ $最低成本为$0.001×2\sqrt {360000}+1.6=2.8($元$)。$