Question:
Alice Coopersmith is moving to a new home. She can rent a
Last updated: 7/19/2022
Alice Coopersmith is moving to a new home. She can rent a 14-foot panel truck for $40.00 a day plus $0.26 a mile or an 18-foot truck for $55.00 a day plus $0.29 a mile. It would take 4 trips to make the move in the 14-foot truck, but only 3 trips in the larger truck. She estimates that gasoline would cost about $45.00 for either truck. A round-trip to her new home is 60 miles Regardless of the number of trips, she would need the truck for only 1 day. To save on expenses, which size truck should Coopersmith rent? How much would it cost per mile to rent each truck?