Answered: A truck driver has to deliver a load of…

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

A truck driver has to deliver a load of lumber to one
of two construction sites, which are, respectively, 27 and

33 miles from the lumberyard, but he has misplaced the
order telling him where the load of lumber should go. The

two construction sites are 12 miles apart, and, to compli-
cate matters, the telephone at the lumberyard is out of

order. Where should he go first if he wants to minimize
the distance he can expect to drive and he feels that
(a) the odds are 5 to 1 that the lumber should go to the
construction site that is 33 miles from the lumberyard;
(b) the odds are 2 to 1 that the lumber should go to the
construction site that is 33 miles from the lumberyard;
(c) the odds are 3 to 1 that the lumber should go to the
construction site that is 33 miles

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