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India's national airline 'INDIAN' is considering purchase of new aircraft to meet an estimated demand of 4600 seats. At least 1 aircraft of each type should be purchased. The table below presents the relevant data.
It has planned to buy three B777s and five A321s for every B747.
However, INDIAN's budget is limited to $2000 million for this purchase. Given this constraint, it is willing to be flexible on the proportion of aircraft types to be purchased. How many aircraft should it purchase such that both budget utilization and meeting the estimated seat demand are simultaneously maximized?
  • a)
    B747 = 2; B777 = 4; A321 = 9
  • b)
    B747 = 2; B777 = 6; A321 = 6
  • c)
    B747 = 2; B777 = 5; A321 = 7
  • d)
    B747 = 1; B777 = 5; A321 = 10
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
India's national airline 'INDIAN' is considering purchase of new airc...
First let us check among the given options which will satisfy the given budget and estimated demand of seats.
Option a:
Total cost = 2 X 250 + 4 X 150 + 9 X 100 = $2000 million
Total number of seats = 2 X 400 + 4 X 300 + 9 X 200 = 3800
Option b:
Total cost = 2 X 250 + 6 X 150 + 6 X 100 = $2000 million
Total number of seats = 2 X 400 + 6 X 300 + 6 X 200 = 3800
Option c:
Total cost = 2 X 250 + 5 X 150 + 7 X 100 = $1950 million
Total number of seats = 2 X 400 + 5 X 300 + 7 X 200 = 3700
Option d:
Total cost = 1 X 250 + 5 X 150 + 10 X 100 = $2000 million
Total number of seats = 1 X 400 + 5 X 300 + 10 X 200 = 3900
Hence, option d is the correct answer
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India's national airline 'INDIAN' is considering purchase of new aircraft to meet an estimated demand of 4600 seats. At least 1 aircraft of each type should be purchased. The table below presents the relevant data.It has planned to buy three B777s and five A321s for every B747.However, INDIAN's budget is limited to $2000 million for this purchase. Given this constraint, it is willing to be flexible on the proportion of aircraft types to be purchased. How many aircraft should it purchase such that both budget utilization and meeting the estimated seat demand are simultaneously maximized?a)B747 = 2; B777 = 4; A321 = 9b)B747 = 2; B777 = 6; A321 = 6c)B747 = 2; B777 = 5; A321 = 7d)B747 = 1; B777 = 5; A321 = 10Correct answer is option 'D'. Can you explain this answer?
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India's national airline 'INDIAN' is considering purchase of new aircraft to meet an estimated demand of 4600 seats. At least 1 aircraft of each type should be purchased. The table below presents the relevant data.It has planned to buy three B777s and five A321s for every B747.However, INDIAN's budget is limited to $2000 million for this purchase. Given this constraint, it is willing to be flexible on the proportion of aircraft types to be purchased. How many aircraft should it purchase such that both budget utilization and meeting the estimated seat demand are simultaneously maximized?a)B747 = 2; B777 = 4; A321 = 9b)B747 = 2; B777 = 6; A321 = 6c)B747 = 2; B777 = 5; A321 = 7d)B747 = 1; B777 = 5; A321 = 10Correct answer is option 'D'. Can you explain this answer? for CAT 2024 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about India's national airline 'INDIAN' is considering purchase of new aircraft to meet an estimated demand of 4600 seats. At least 1 aircraft of each type should be purchased. The table below presents the relevant data.It has planned to buy three B777s and five A321s for every B747.However, INDIAN's budget is limited to $2000 million for this purchase. Given this constraint, it is willing to be flexible on the proportion of aircraft types to be purchased. How many aircraft should it purchase such that both budget utilization and meeting the estimated seat demand are simultaneously maximized?a)B747 = 2; B777 = 4; A321 = 9b)B747 = 2; B777 = 6; A321 = 6c)B747 = 2; B777 = 5; A321 = 7d)B747 = 1; B777 = 5; A321 = 10Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for CAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for India's national airline 'INDIAN' is considering purchase of new aircraft to meet an estimated demand of 4600 seats. At least 1 aircraft of each type should be purchased. The table below presents the relevant data.It has planned to buy three B777s and five A321s for every B747.However, INDIAN's budget is limited to $2000 million for this purchase. Given this constraint, it is willing to be flexible on the proportion of aircraft types to be purchased. How many aircraft should it purchase such that both budget utilization and meeting the estimated seat demand are simultaneously maximized?a)B747 = 2; B777 = 4; A321 = 9b)B747 = 2; B777 = 6; A321 = 6c)B747 = 2; B777 = 5; A321 = 7d)B747 = 1; B777 = 5; A321 = 10Correct answer is option 'D'. Can you explain this answer?.
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