Question: Problem 1 ( 2 0 Points ) : An airline owns an aging fleet of Boeing 7 3 7 jet airplanes. It is considering a
Problem Points: An airline owns an aging fleet of Boeing jet airplanes. It is considering a major purchase of up to new Boeing and jets. The decision must take into account of numerous cost and capabilities factors, including the following: the airline can finance up to $ billion in purchase; each Boeing will cost $ million and will cost $ million; at least onethird of planes purchased should be the longerrange ; the annual maintenance cost per is estimated to be $ and it is $ for each ;
can carry passengers per year, where as each can fly passengers annually.
Formulate this as an integer programming problem to maximize the annual passengerscarrying capability.
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