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Flintstone Company is planning to spend up to $4,000,000 on new delivery trucks. Flintstone decided to purchase two different models of trucks and are trying to decide how many of each model to purchase. The two models are Foot-Power and Dino-Speed. The Foot-Power trucks cost $42,000 each and the Dino-Speed trucks cost $85,000 each. To meet the requirements of delivering frozen steaks, Flintstone must purchase at least 9 Foot-Power trucks.

Flintstone Company is planning to spend up to $4,000,000 on new delivery trucks. Flintstone decided to purchase two different models of trucks and are trying to decide how many of each model to purchase. The two models are Foot-Power and Dino-Speed. The Foot-Power trucks cost $42,000 each and the Dino-Speed trucks cost $85,000 each. To meet the requirements of delivering frozen steaks, Flintstone must purchase at least 9 Foot-Power trucks.

Practical Management Science
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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Assignment 15 Part 1: Complete Part 1 on its own worksheet. Flintstone Company is planning to spend up to $4,000,000 on new delivery trucks. Flintstone has decided to purchase two different models of trucks and are trying to decide how many of each model to purchase. The two models are Foot-Power and Dino-Speed. The Foot-Power trucks cost $42,000 each and the Dino-Speed trucks cost $85,000 each. To meet the requirements of delivering frozen steaks, Flintstone must purchase at least 9 Foot-Power trucks. Flintstone's annual insurance budget is $450,000. The annual insurance cost for each Foot-Power truck is $13,000. The annual insurance cost for each Dino-Speed truck is $10,000. Each Basic truck can make 30,000 deliveries per year. Each Refrigerated truck can make 100,000 deliveries per year. Requirement: 1. Use solver to determine how many Basic trucks and Refrigerated trucks should be purchased in order to maximize annual deliveries while meeting all of the constraints. 2. When using solver, create the Answer Report. a. More the answer report to the right of the Part 1 worksheet.
Transcribed Image Text:Assignment 15 Part 1: Complete Part 1 on its own worksheet. Flintstone Company is planning to spend up to $4,000,000 on new delivery trucks. Flintstone has decided to purchase two different models of trucks and are trying to decide how many of each model to purchase. The two models are Foot-Power and Dino-Speed. The Foot-Power trucks cost $42,000 each and the Dino-Speed trucks cost $85,000 each. To meet the requirements of delivering frozen steaks, Flintstone must purchase at least 9 Foot-Power trucks. Flintstone's annual insurance budget is $450,000. The annual insurance cost for each Foot-Power truck is $13,000. The annual insurance cost for each Dino-Speed truck is $10,000. Each Basic truck can make 30,000 deliveries per year. Each Refrigerated truck can make 100,000 deliveries per year. Requirement: 1. Use solver to determine how many Basic trucks and Refrigerated trucks should be purchased in order to maximize annual deliveries while meeting all of the constraints. 2. When using solver, create the Answer Report. a. More the answer report to the right of the Part 1 worksheet.
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