Question: The load master for a freighter wants to determine the mix of cargo to be carried on the next trip. The ship's volume limit for

The load master for a freighter wants to determine the mix of cargo to be carried on the next trip. The ship's volume limit for cargo is 100,000 cubic meters, and its weight capacity is 2,310 tons. The master has five different types of cargo from which to select and wishes to maximize the value of the selected shipment. However, to make sure that none of his customers are ignored, the load master would like to make sure that at least 20% of each cargo's available weight is selected. The specificaion for the five cargoes are shown in the following table.

VOLUME PER TON (CU. CARGO TONS VALUE PER ΤΥΡΕ AVAILABLE TON M.) $1,350 970 26 $1,675 850 54 $1,145 1,900 28 $850 2,3

VOLUME PER TON (CU. CARGO TONS VALUE PER AVAILABLE TON M.) $1,350 970 26 $1,675 850 54 $1,145 1,900 28 $850 2,300 45 $1,340 3600 37

Step by Step Solution

3.41 Rating (164 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

First let us set aside space for 20 of each cargo Total weight 20 970 20850 201900 202300 20360... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

1019-B-C-A-C-P-A(4078).docx

120 KBs Word File

Students Have Also Explored These Related Cost Accounting Questions!