Gce Model Questions Vol1 2023 Commerce Question 30
Practice objective / multiple choice question 30 from the 2023 Gce Model Questions Vol1 Commerce examination.
A warehouse can store goods either on floor pallets or on high‑rack pallets. Floor pallets occupy \(1.2\) m² each and cost \(\text{₦}150\) per month to store. High‑rack pallets occupy \(0.4\) m² each and incur a handling surcharge of \(\text{₦}40\) per pallet per month (no storage fee). The warehouse has \(1,200\) m² of usable floor area. At least \(800\) pallets must be stored each month, and for safety no more than 60 % of the pallets may be stored on high‑rack pallets. Determine the minimum total monthly storage cost and the numbers of floor and high‑rack pallets that achieve it.
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About This Question
This is Gce Model Questions Vol1 2023 Commerce Question 30. It is one of the objective questions from the 2023 Gce Model Questions Vol1 Commerce examination.
Difficulty level: Hard .
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