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(Solved): Deluxe River Cruises operates a fleet of river vessels. The fleet has two types of vessels: A type- ...
Deluxe River Cruises operates a fleet of river vessels. The fleet has two types of vessels: A type-A vessel has 60 deluxe cabins and 160 standard cabins, whereas a type-B vessel has 80 deluxe cabins and 120 standard cabins. Under a charter agreement with Odyssey Travel Agency, Deluxe River Cruises is to provide Odyssey with a minimum of 360 deluxe and 680 standard cabins for their 15-day cruise in May. It costs $42,000 to operate a type-A vessel and $51,000 to operate a type-B vessel for that period. How many of each type of vessel ( x type-A and y type-B) should be used in order to keep the operating costs to a minimum? (x,y)=() What is the minimum cost?