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What is Kingfisher Airlines Expansion Strategy about?

Kingfisher Airlines was considering expanding its operations by purchasing either small or large planes. It had to decide how many of each type of plane to purchase to maximize total net annual profit, given it had $100 million capital available. Mathematically modeling this as a linear programming problem yielded a fractional optimal solution of 1.8 large planes and 2 small planes, with a profit of $11 million. However, the number of planes purchased had to be an integer. Modeling it as an integer programm

Author

Jitendra Sharma

Language

EN