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For Mineral Mining Company problem in Problem Four, management considering  leasing  one of following  two new trucks to  replace excising one:

Trunk type

Weight Capacity

Volume capacity

Additional Cost

Tr 22/12

20,000

960

100

Tr 20/13

18,000

1,080

200

Should company replace the old truck? If so which of new trunks should they use? Describe.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M920479

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