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Lucky 7 Trucking is a small trucking company that employs 7 trucks, and 7 drivers, to move freight across the USA for their customers. Since
Lucky 7 Trucking is a small trucking company that employs 7 trucks, and 7 drivers, to move freight across the USA for their customers. Since the company's founding in 2013, Lucky 7 has never had a major crash. But, management is nevertheless very concerned. Management believes that there is a high probability that a crash will occur at some point in the future. They also believe that the consequences of a major truck crash for their company will be severe. According to a recent study, a large truck crash in the United States costs approximately $3.6mn [1]. Notably, this estimate does not include the damage that a major crash would do to Lucky 7's nascent brand image; or the costs that would result from the loss of business that Lucky 7 would incur if one of its 7 drivers, and/or one of its 7 trucks, had to be decommissioned, suspended, hospitalized - or worse. Currently, Lucky 7 is operating at almost full utilization. Each driver, and each truck, are on the road 7 days per week. The terrified founders of Lucky 7 Trucking have hired you as their risk consultant. You know that driver fatigue is a major contributor to
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