Julia’s Food Booth MAT 540: Quantiative Methods Professor Paul Hollandsworth February 28‚ 2013 Julia’s Food Booth * (A) Formulate and solve an L.P. model for this case. * Please see attached excel file. * (B) Evaluate the prospect of borrowing money before the first game. * Julia does not need to borrow money if she does not want to. She can still make over $1000 profit without it. However‚ She will not be able to hire help and stay above $1000. If she was to decide to
Premium Economics Generally Accepted Accounting Principles English-language films
Julia’s Food Booth Based on the LP model to maximize profit with the established constraints Julia should sell pizza and hotdogs and not BBQ sandwiches. Based on this model Julia will earn $2250.00 in profit. After buying food supplies for the next game she will have $750 remaining ($2250-1500). Julia’s goal was to clear $1000 in profit which she was not able to meet. It is not clear how Julia is paying for the booth rental each game‚ but assuming she is covering the costs with her profits from
Premium English-language films Mathematics Profit
Julia’s Food Booth. Parts A thru C. Please provide linear programming model‚ graphical solution‚ sensitivity report‚ and answers to questions A thru C. (Problem on page 2) [pic] [pic] A) Formulate and solve a linear programming model for Julia that will help you advise her if she should lease the booth. Let‚ X1 =No of pizza slices‚ X2 =No of hot dogs‚ X3 = barbeque sandwiches Formulation: 1. Calculating Objective function co-efficients:
Premium Optimization Linear programming
Question 1 Fixed cost is the difference between total cost and total variable cost. Answer Selected Answer: True Correct Answer: True Question 2 In general‚ an increase in price increases the break even point if all costs are held constant. Answer Selected Answer: False Correct Answer: False Question 3 Parameters are known‚ constant values that are usually coefficients of variables in equations. Answer Selected
Premium Normal distribution Costs Probability theory
Pioneers McCulloch and Pitts built their neural networks model using a large number of interconnected __________ artificial neurons. a. dual b. binary c. singular d. all of the above Choose one answer. a. dual b. binary c. singular d. all of the above Question 2 Marks: 10 Sigmoid function is an S-shaped transfer function in the range of 0 to 1 and is also a useful __________ transfer function. a. integer b. binary c. linear d. nonlinear
Premium Problem solving Visual acuity Photoreceptor cell
inches Space required for a hotdog=16 Space required for a barbecue sandwich = 25 Constraint: 24.50 (X1) + 16 (X2) + 25 (X3) ≤ 55296 Constraint: Julia can sell at least as many slices of pizza(X1) as hot dogs(x2) and barbecue sandwiches (X3) combined Constraint: X1 ≥ X2 + X3 = X1 - X2 - X3 ≥ 0 Julia can sell at least twice as many hot dogs as barbecue sandwiches X2/X3 ≥ 2 = X2 ≥2 X3 =X2 - 2 X3 ≥ 0 X1‚ X2‚ X3 >= 0 (Non negativity constraint) Objective
Premium Inch Imperial units English-language films
Week 1 Readings 1. Read course description‚ overview and learning outcomes. 2. Read Chapters 1‚ 2‚ 3‚ 4‚ and chapter supplements in your text. Study and review the key terms at the end of each chapter. Work as many problems as possible to understand the material. This is usually the best way to learn the course concepts. Discussions To participate in the following Discussion Forums‚ go to this week ’s Discussion link in the left navigation: 1. Why Productivity Matters Read "Why Productivity
Premium English-language films Education Psychology
CLICK TO DOWNLOAD MAT 540 Midterm Exam 1. Deterministic techniques assume that no uncertainty exists in model parameters. 2. A continuous random variable may assume only integer values within a given interval. 3. An inspector correctly identifies defective products 90% of the time. For the next 10 products‚ the probability that he makes fewer than 2 incorrect inspections is 0.736. 4. A decision tree is a diagram consisting of circles decision nodes‚ square probability nodes‚ and
Premium Random variable Probability theory Randomness
MA1506 TUTORIAL 1 1. Solve the following differential equations: (a) x(x + 1)y = 1 (b) (sec(x))y = cos(5x) (c) y = e(x−3y) (d) (1 + y)y + (1 − 2x)y 2 = 0 Use www.graphmatica.com to sketch the functions you found as solutions of [a]-[d]‚ if y = 1/2 at x = 1. Graphmatica can also directly sketch the graph if you insert the equation itself; for example‚ in [a] you just enter x(x + 1)dy = 1 {1‚ 1/2}. [curly brackets for the initial conditions‚ with x followed by y.] Here dy represents
Premium Mathematics Derivative Polynomial
* Question 1 0 out of 5 points | | | Which of the following offers the greatest protection against bot attacks? Answer | | | | | Selected Answer: | Having corporations use adequate anti-virus protection | | | | | * Question 2 5 out of 5 points | | | In 2004‚ ICQ users were enticed by a sales message from a supposed anti-virus vendor. On the vendor’s site‚ a small program called Mitglieder was downloaded to the user’s machine. The program enabled outsiders to
Premium Malware Trojan horse Computer virus