A company wants to purchase large and small delivery trucks.The company wants to purchase about 10 large and 15 small trucks.Each large truck costs $30,000 and has a 10 ton capacity.Each small truck costs $20,000 and has a 7 ton capacity.The company wants to have about 200 tons of capacity and spend about $600,000.
Based on the following formulation and associated integer solution,what values should go in cells B2:E16 of the spreadsheet?
Definitions:
MRS
An abbreviation for Marginal Rate of Substitution, which is the rate at which a consumer is willing to exchange quantities of one good for another while maintaining the same level of utility.
Price Ratio
The proportionate comparison or ratio of the prices of two different goods or services.
Family and Medical Leave Act
A U.S. federal law that provides eligible employees with unpaid, job-protected leave for specified family and medical reasons.
Remedies
Legal means through which a right is enforced or the violation of a right is prevented, redressed, or compensated.
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