A Businessman Is Considering Opening a Small Specialized Trucking Firm

question 37

Essay

A businessman is considering opening a small specialized trucking firm. To make the firm profitable, it is estimated that it must have a daily trucking capacity of at least 84,000 cu. ft. Two types of trucks are appropriate for the specialized operation. Their characteristics and costs are summarized in the table below. Note that truck 2 requires 3 drivers for long haul trips. There are 41 potential drivers available and there are facilities for at most 40 trucks. The businessman's objective is to minimize the total cost outlay for trucks. ​
Solve the problem graphically and note there are alternate optimal solutions. Which optimal solution:
a.
uses only one type of truck?
b.
utilizes the minimum total number of trucks?
c.
uses the same number of small and large trucks?

---

Definitions:

Health Care Spending Account

A tax-advantaged account that employees can use to pay for eligible health care expenses not covered by insurance.

Benefits System

A structured approach an organization uses to administer employees' non-wage compensations, such as health insurance, retirement plans, and other perks.

Bill C-6

Specific legislation or proposed law within a jurisdiction, and without more context, could refer to various bills depending on the country and legislative session.

Personal Health Information

Any data related to an individual's health status, provision of health care, or payment for health care that can be linked to a specific person.