A: Formulation of the LP Model X1(Pizza)‚ X2(hotdogs)‚ X3(barbecue sandwiches) Constraints: Cost: Maximum fund available for the purchase = $1500 Cost per pizza slice = $6 (get 8 slices) =6/8 = $0.75 Cost for a hotdog = $.45 Cost for a barbecue sandwich = $.90 Constraint: 0.75X1 + 0.45X2+ 0.90(X3) ≤ 1500 Oven space: Space available = 3 x 4 x 16 = 192 sq. feet = 192 x 12 x 12 =27648 sq. inches The oven will be refilled before half time- 27648 x 2 = 55296
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• Question 1 2 out of 2 points Probabilistic techniques assume that no uncertainty exists in model parameters. Answer Selected Answer: False Correct Answer: False • Question 2 2 out of 2 points Parameters are known‚ constant values that are usually coefficients of variables in equations. Answer Selected Answer: True Correct Answer: True • Question 3 0 out of 2 points Fixed cost is the difference between total cost and total variable cost
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1) The model for the transportation problem consists of 18 decision variables‚ representing the number of barrels of wastes transported from each of the 6 plants to each of the 3 waste disposal sites: = Number of Barrels transported per week from plant ‘i’ to the j-th waste disposal site‚ where i = 1‚ 2‚ 3‚ 4‚ 5‚ 6 and j = A‚ B‚ C. The objective function of the manager is to minimize the total transportation cost for all shipments. Thus the objective function is the sum of the individual
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Financial Risk is one of the major concerns of every business across fields and geographies. This is the reason behind Financial Risk Manager FRM Exam gaining huge recognition among financial experts across the globe. FRM is the top most credential offered to risk management professionals worldwide. Financial Risk again is the base concept of FRM exam. Before understanding the techniques to control risk and perform risk management‚ it is very important to realize what risk is and what the types of
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QUESTION P3-22: Cross–sectional ratio analysis :- Use the Financial Statement below and on page 106 for Fox Manufacturing Company for the year ended December 31‚ 2012‚ along with the Industry average ratio below‚ to: a) Prepare and interpret a complete ratio analysis of the firm’s 2012 operations b) Summarize your findings and make recommendations. Based on the overall performance of Fox Manufacturing Company‚ it shows that the company should improve it debt financing
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sequence is a sequence of numbers in which each succeeding term differs from the preceding term by the same amount. This amount is known as the common difference.” (Bluman‚ A. G. 2500‚ page 221) An example for an arithmetic sequence is: 1‚ 3‚ 5‚ 7‚ 9‚ 11‚ … (The common difference is 2. (Bluman‚ A. G. 2500‚ page 221) “A geometric sequence is a sequence of terms in which each term after the first term is obtained by multiplying the preceding term by a nonzero number. This number is called the common
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Exhibit TN1 THE BODY SHOP INTERNATIONAL PLC 2001: AN INTRODUCTION TO FINANCIAL MODELING Hypothetical Three-Year Forecast Worksheet Drawing on Case Exhibit 8 (in GBP millions) In the late 1990s‚ The Body Shop International PLC‚ previously one of the fastest grow¬ing manufacturer-retailers in the world‚ ran aground. Although the firm had an annual revenue growth rate of 20 percent in the early to middle 1990s‚ by the late 1990s‚ rev¬enue growth slowed to around 8 percent. New retailers
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Major Event/Epoch in American History Time Period/Date(s) Description and Significance of the People/Event(s) to American History 1) Describe three different American Indian cultures prior to colonization. A) California Culture B) The Mississippian Culture C) The Clovis Culture A. Mid 16th Century B. 800 to early 15th Century C. 9500 BC to 8000 BC A. The California Culture of Native Americans contained an estimated 300‚000 members (more than any other culture)
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Statistics – Lab #6 Name:_______________________ Statistical Concepts: • Data Simulation • Discrete Probability Distribution • Confidence Intervals Calculations for a set of variables Open the class survey results that were entered into the MINITAB worksheet. We want to calculate the mean for the 10 rolls of the die for each student in the class. Label the column next to die10 in the Worksheet with the word mean. Pull up Calc > Row Statistics and select the radio-button corresponding
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The date of birth I used was mine 7/19/86 I will now do all three question that was asked a = 7 b = -19 c = 86 The INTEGERS above are needed to solve each given expressions. A) A^3 – B^3 (7^3) – (-2^3) 343-(-6859) =7‚202 This is the given expression with VARIABLES A and B and raised to the EXPONENTS of 3 on each of them. By substituting the integers in the variables and raising them to the 3rd power gives the answer of B) (a – b)(a2 + ab + b2) (7-(-19) (7^2+(7)(-19)+(-19^2)
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