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A company is considering two insurance plans with coverage and premiums shown in the table. ( For example, this means that $ 5 0 buys

A company is considering two insurance plans with coverage and premiums shown in the table.(For example, this means that $50 buys one unit of plan A, consisting of $10,000 fire and theft insurance and $180,000 of liability insurance.) Answer parts a and
Policy A
Policy B
Fire/Theft
$10,000
$15,000
Liability
$180,000
$120,000
Premium
$50
$40
Question content area bottom
Part 1
a. The company needs at least 450,000 fire and theft insurance and at least $6,600,000 liability from these plans. How many units should be purchased from each plan to minimize
the cost of the premiums? What is the minimum premium?
The company should purchase enter your response here units of Policy A and enter your response here units of Policy B, for a premium of $enter your response here.

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