Neco 2019 Commerce Question 15
Practice objective / multiple choice question 15 from the 2019 Neco Commerce examination.
A wholesaler must transport 1,200\,kg of goods from Lagos to Abuja. He can use either a truck or a train.\n- Truck: fixed cost per trip \(\text{₦}15,000\), variable cost \(\text{₦}8\) per kg, and a maximum load of 600\,kg per trip.\n- Train: fixed cost per trip \(\text{₦}25,000\), variable cost \(\text{₦}5\) per kg, and a maximum load of 800\,kg per trip.\nThe wholesaler may make any whole number of trips of each mode. Determine the combination of truck trips and train trips that will deliver the 1,200\,kg at the minimum total transportation cost, and state that minimum cost (in naira).
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About This Question
This is Neco 2019 Commerce Question 15. It is one of the objective questions from the 2019 Neco Commerce examination.
Difficulty level: Medium .
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