Neco 2021 Economics Question 4
Practice objective / multiple choice question 4 from the 2021 Neco Economics examination.
A construction company must transport exactly 800 tonnes of cement from a factory to a site. Two transport modes are available:\n\n- Rail: fixed cost per trip \(\text{\u20A6}120{,}000\), capacity 40 tonnes per trip, variable cost \(\text{\u20A6}800\) per tonne.\n- Road: fixed cost per trip \(\text{\u20A6}45{,}000\), capacity 10 tonnes per trip, variable cost \(\text{\u20A6}1{,}200\) per tonne.\n\nThe contract requires at least 2 rail trips and no more than 5 road trips. Determine the number of rail trips and road trips that minimise total transportation cost while delivering the 800 tonnes.
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About This Question
This is Neco 2021 Economics Question 4. It is one of the objective questions from the 2021 Neco Economics examination.
Difficulty level: Hard .
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