Question
1) Radiant wants to hire Cargo planes for transporting their goods. They contacted VIP Transportation Company to hire Cargo planes. VIP informed that they can
1) Radiant wants to hire Cargo planes for transporting their goods. They contacted VIP Transportation Company to hire Cargo planes. VIP informed that they can provide two types of Cargo Planes. In addition, they provided the following cost related information about the two types Cargo planes- WT88 and BH54:
| Personnel Cost | Fuel Cost | Maintenance Cost |
WT88 | 2000 | 1000 | 2000 |
BH54 | 2500 | 1500 | 1000 |
Radiant has $200,000 to spend in personnel cost, $160,000 in fuel cost, and $80,000 in maintenance cost. Moreover, they have to hire at least one of each type of planes. If WT88 can carry 45 tons of goods and BH54 can carry 65 tons of goods then find out the following:
(a) What is the maximum amount Radiant can carry given their budget constraint?
(b) To carry the maximum amount how many of WT88 and BH54 radiant should hire.
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