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Instructions
Answer the questions based on the following information. Production pattern for number of units (in cubic feet) per day.
The finished goods are to be transported to the market by a truck having a capacity of 2000 cubic feet. Any finished goods (ready at the end of the day) retained overnight at the factory will incur a storage cost of Rs 5 per cubic foot for each night of storage. The hiring cost for the truck is Rs 1000 per day.
Question 43
If all the units should be sent to the market, then on which days should the trucks be hired to minimize the cost?
Solution
The truck should be sent on a day on which maximum number of units can be sent. It happens on 2nd, 4th, 5th and 7th day. Hence the answer is b.
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