10) An automobile fleet rental company needs to buy up to 200 new cars with $5,123,000....
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10) An automobile fleet rental company needs to buy up to 200 new cars with $5,123,000. The cars will be three types: smart cars at $24,000, sedans at $27,000, and luxury cars at $32,000. The new owners of the company want to purchase as many smart cars as sedans and luxury cars combined. They feel they need to have a minimum of 25 of each possible to rent. If they can earn $40 a day for smart cars, $45 a day for sedans and $50 a day for luxury cars, how many of each should they buy in order to maximize their daily revenue? 10) An automobile fleet rental company needs to buy up to 200 new cars with $5,123,000. The cars will be three types: smart cars at $24,000, sedans at $27,000, and luxury cars at $32,000. The new owners of the company want to purchase as many smart cars as sedans and luxury cars combined. They feel they need to have a minimum of 25 of each possible to rent. If they can earn $40 a day for smart cars, $45 a day for sedans and $50 a day for luxury cars, how many of each should they buy in order to maximize their daily revenue?
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Related Book For
Management A Practical Introduction
ISBN: 978-0078112713
5th edition
Authors: Angelo Kinicki, Brian Williams
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