CAT Quant Practice Problems

Question: Production pattern for number of units (in cubic feet) per day.

Day

1

2

3

4

5

6

7

Number of units

150

180

120

250

160

120

150

For a truck that can carry 2,000 cubic ft, hiring cost per day is Rs. 1,000. Storing cost per cubic feet is Rs. 5 per day.

If the storage cost is reduced to Re 0.80 per cubic feet per day, then on which day(s), should the truck be hired?

4th
7th
4th and 7th
None of these
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