1. Radiant requires cargo planes for the transportation of their goods and has approached VIP Transportation Company for this specific purpose. VIP has presented two options of cargo planes - WT88 and BH54, and has provided comprehensive cost-related information for both of them. WT88 BH54 Personnel Cost 1500 1550 Fuel Cost 1250 1550 Maintenance Cost 1150 1100 Radiant Airlines has a clear plan in place for allocating funds towards personnel, fuel, and maintenance expenses. They are - Radiant has $200,000 to spend in personnel cost, $160,000 in fuel cost, and $80,000 in maintenance cost. To ensure maximum efficiency, they require a minimum of three planes for each type, with two options available: the WT88, boasting a weight capacity of 65 tons, and the BH54, capable of transporting up to 85 tons. Through the implementation of Linear Programming, help Radiant Airlines determine the necessary information required for optimal operations. (a) What is the maximum amount Radiant can carry, given their budget constraint? (b) How many WT88 and BH54 radiant should hire to carry the maximum amount?

1. Radiant requires cargo planes for the transportation of their goods and has approached VIP Transportation Company for this specific purpose. VIP has presented two options of cargo planes - WT88 and BH54, and has provided comprehensive cost-related information for both of them. WT88 BH54 Personnel Cost 1500 1550 Fuel Cost 1250 1550 Maintenance Cost 1150 1100 Radiant Airlines has a clear plan in place for allocating funds towards personnel, fuel, and maintenance expenses. They are - Radiant has $200,000 to spend in personnel cost, $160,000 in fuel cost, and $80,000 in maintenance cost. To ensure maximum efficiency, they require a minimum of three planes for each type, with two options available: the WT88, boasting a weight capacity of 65 tons, and the BH54, capable of transporting up to 85 tons. Through the implementation of Linear Programming, help Radiant Airlines determine the necessary information required for optimal operations. (a) What is the maximum amount Radiant can carry, given their budget constraint? (b) How many WT88 and BH54 radiant should hire to carry the maximum amount?

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Question

Need assistance, If possible please use the attached Excel format

1. Radiant requires cargo planes for the transportation of their goods and has approached VIP
Transportation Company for this specific purpose. VIP has presented two options of cargo
planes - WT88 and BH54, and has provided comprehensive cost-related information for both of
them.
WT88
BH54
Personnel Cost
1500
1550
Fuel Cost
1250
1550
Maintenance Cost
1150
1100
Radiant Airlines has a clear plan in place for allocating funds towards personnel, fuel, and maintenance
expenses. They are - Radiant has $200,000 to spend in personnel cost, $160,000 in fuel cost, and
$80,000 in maintenance cost. To ensure maximum efficiency, they require a minimum of three planes
for each type, with two options available: the WT88, boasting a weight capacity of 65 tons, and the
BH54, capable of transporting up to 85 tons. Through the implementation of Linear Programming, help
Radiant Airlines determine the necessary information required for optimal operations.
(a) What is the maximum amount Radiant can carry, given their budget constraint?
(b) How many WT88 and BH54 radiant should hire to carry the maximum amount?

DATA
MODEL
CONSTRAINTS
LS
DECISION VARIABLES
OBJECTIVE FUNCTION
RELATION
RS
[Name]

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