A hauling company receives an order to transport 120 packages. They have large vans which...
70.2K
Verified Solution
Link Copied!
Question
Accounting
A hauling company receives an order to transport 120 packages. They have large vans which can take 15 packages, and cost $6 a journey to run. They also have small vans which takes 5 packages, and cost $4 each to run for the same journey. It is required that more than $60 be spent on running the vans, and also that the number of small vans used must not exceed the number of large vans. How many of each van should be used to keep costs as low as possible?
a.) if the cost of a small van run reduced to $1, would it change the optimal solution?
b.) if the cost of a small van run reduced to $2, would it change the optimal solution?
c.) what if we had a $1000 to spend on running packages, would it change the optimal solution?
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
