A logistics company determines that its daily operating cost, (in dollars), for a delivery truck satisfies the inequality , where is a constant regional fuel efficiency parameter such that . Which of the following represents the range of possible operating costs ?
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Answer
The range of possible operating costs is .
To solve the inequality, we first eliminate the denominators by multiplying the entire inequality by 24, resulting in . Expanding both sides and gathering all terms with on the left gives . Because , the coefficient is negative. Dividing by a negative number reverses the inequality direction, giving . Multiplying the numerator and denominator by yields the correct solution.
Step-by-Step Solution
Key Concept
Solving linear inequalities involving fractions and variable parameters, with strict application of the inequality sign-flip rule when dividing by a negative algebraic term.
Estimated Time:3m 0s