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2. An air light-cargo company (Company 1) has hangars in two airports, Airport A and Airport B. Every day exactly one order is placed. This
2. An air light-cargo company (Company 1) has hangars in two airports, Airport A and Airport B. Every day exactly one order is placed. This order can require a cargo plane to be dispatched from Airport A or Airport B (with equal probability), and require it to return to Airport A or Airport B [also with equal probability). If an order is placed and no planes are available at the airport, the company pays a subsidiary company (Company 2) to do the job for $20, 000, and their planes remain where they are for the day. On every other day the air cargo company (Company 1) makes a profit of $10, 000. Company 1 has k planes. (a) How much, on average, will Company 1 need to pay Company 2 in one year (365 days)
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