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A car rental rm intends to put together a eet of small, medium, and large cars by purchasing them from three motor retail outlets in the form of
A car rental rm intends to put together a eet of small, medium, and large cars by purchasing
them from three motor retail outlets in the form of packages that consist of a mixture of different
sized cars. MR1, the rst motor retail outlet, offers packages that consist of 5 small cars, 5
medium cars, and 10 large cars, at a total cost of $500,000. MR2 offers packages that consist
of 5 small, 10 medium, and 5 large cars, at a total cost of $400,000. MR3 offers packages that
consist of 10 small, 5 medium, and 5 large cars for $300,000. The rental rm intends to put
together a eet that consists of at least 550 small cars, at least 500 medium cars, and at least
550 large cars. How many packages should the rm buy from each retail outlet in order to
minimize its costs?
Clearly state the (non-standard) LPP that is produced by this `real world' problem and solve it
via the Simplex Algorithm ... and don't forget to tell me clearly what each of your variables
denotes and to come back out at the end to anwer the question asked.
4let x nonber of packages purchased by the firm from MR 1let y nonber of packages purchased by the firm from MR 2let z nonber of packages purchased by the firm from MR 3total number of...