A Package Express Carrier Is Considering Expanding the Fleet of Aircraft

question 46

Essay

A package express carrier is considering expanding the fleet of aircraft used to transport packages.There is a total of $220 million allocated for purchases.Two types of aircraft may be purchased - the C1A and the C1B.The C1A costs $25 million, while the C1B costs $18 million.The C1A can carry 60,000 pounds of packages, while the C1B can only carry 40,000 pounds of packages.The company needs at least eight new aircraft.In addition, the firm wishes to purchase at least twice as many C1Bs as C1As.Formulate this as an integer programming problem to maximize the number of pounds that may be carried.

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Definitions:

Goods And Services

Physical items produced and actions performed to fulfill the needs and wants of consumers.

Non-Renewable

Refers to natural resources or sources of energy that cannot be replenished within a human life span, such as fossil fuels and minerals, making them finite and exhaustible.

Fertile Soil

A type of soil that contains a rich supply of nutrients and minerals conducive to growing plants.

Groundwater

Water located beneath the earth's surface in soil pore spaces and in the fractures of rock formations, a crucial source of fresh water for drinking, agriculture, and industry.