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Production pattern for number of units(in cubic feet) per day. Days 1 2 3 4 5 6 7 Numberofunits 150 180 120 250 160 120 150 For a truck that can carry 2000 cubic feet,hiring cost per day is Rs 1000.Storing cost per cubic feet is Rs. 5 per day. Q1.) If all units should be sent to the market,then on which days should the trucks be hired to minimise the cost. (a) 2nd,4th,6th,7th. (b) 7th (C) 2nd,4th,5th,7th. (D)none of these?
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Production pattern for number of units(in cubic feet) per day. Days 1 ...
Solution:

To minimize the cost, we need to calculate the total cost of hiring and storing for each day and choose the days with the minimum cost.

Total cost for each day can be calculated as follows:

- Day 1: Hiring cost = Rs. 1000, Storing cost = Rs. 5 * 150 = Rs. 750, Total cost = Rs. 1750
- Day 2: Hiring cost = Rs. 1000, Storing cost = Rs. 5 * (150 + 180) = Rs. 1650, Total cost = Rs. 2650
- Day 3: Hiring cost = Rs. 0 (no units produced), Storing cost = Rs. 5 * (150 + 180 + 120) = Rs. 2250, Total cost = Rs. 2250
- Day 4: Hiring cost = Rs. 1000, Storing cost = Rs. 5 * (150 + 180 + 120 + 250) = Rs. 3250, Total cost = Rs. 4250
- Day 5: Hiring cost = Rs. 0 (no units produced), Storing cost = Rs. 5 * (150 + 180 + 120 + 250 + 160) = Rs. 4000, Total cost = Rs. 4000
- Day 6: Hiring cost = Rs. 0 (no units produced), Storing cost = Rs. 5 * (150 + 180 + 120 + 250 + 160 + 120) = Rs. 5200, Total cost = Rs. 5200
- Day 7: Hiring cost = Rs. 1000, Storing cost = Rs. 5 * (150 + 180 + 120 + 250 + 160 + 120 + 150) = Rs. 5750, Total cost = Rs. 6750

Therefore, the days with minimum cost are 2nd, 4th, 5th, and 7th.

Hence, the answer is (c) 2nd, 4th, 5th, 7th.
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Production pattern for number of units(in cubic feet) per day. Days 1 2 3 4 5 6 7 Numberofunits 150 180 120 250 160 120 150 For a truck that can carry 2000 cubic feet,hiring cost per day is Rs 1000.Storing cost per cubic feet is Rs. 5 per day. Q1.) If all units should be sent to the market,then on which days should the trucks be hired to minimise the cost. (a) 2nd,4th,6th,7th. (b) 7th (C) 2nd,4th,5th,7th. (D)none of these?
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Production pattern for number of units(in cubic feet) per day. Days 1 2 3 4 5 6 7 Numberofunits 150 180 120 250 160 120 150 For a truck that can carry 2000 cubic feet,hiring cost per day is Rs 1000.Storing cost per cubic feet is Rs. 5 per day. Q1.) If all units should be sent to the market,then on which days should the trucks be hired to minimise the cost. (a) 2nd,4th,6th,7th. (b) 7th (C) 2nd,4th,5th,7th. (D)none of these? for CAT 2024 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about Production pattern for number of units(in cubic feet) per day. Days 1 2 3 4 5 6 7 Numberofunits 150 180 120 250 160 120 150 For a truck that can carry 2000 cubic feet,hiring cost per day is Rs 1000.Storing cost per cubic feet is Rs. 5 per day. Q1.) If all units should be sent to the market,then on which days should the trucks be hired to minimise the cost. (a) 2nd,4th,6th,7th. (b) 7th (C) 2nd,4th,5th,7th. (D)none of these? covers all topics & solutions for CAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Production pattern for number of units(in cubic feet) per day. Days 1 2 3 4 5 6 7 Numberofunits 150 180 120 250 160 120 150 For a truck that can carry 2000 cubic feet,hiring cost per day is Rs 1000.Storing cost per cubic feet is Rs. 5 per day. Q1.) If all units should be sent to the market,then on which days should the trucks be hired to minimise the cost. (a) 2nd,4th,6th,7th. (b) 7th (C) 2nd,4th,5th,7th. (D)none of these?.
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