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 Space required for pizza = 14 x 14 = 196 sq. inches Space required for pizza slice = 196/ 8 = 24.50 sq. inches Space required for a hotdog=16
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Cost overrun 10 or 15 % Project A) 10‚000‚000 cost of opening mine including overrun of 10% so 9‚000‚000 open mine and over run 100000 Project B) 8300000 -(8300000*10%)= 7470000 1. Is this project financially feasible given the base scenario? Why or why not. Be sure to include a discussion of NPV and IRR. How does the lifetime income compare to the initial investment? 5 points 2. What are at least three risk factors that Heru should be considering in evaluating
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False . Question 7 .2 out of 2 points When systematically formulating a linear program‚ the first step is Answer Selected Answer: Identify the decision variables Correct Answer: Identify the decision variables . Question 8 .2 out of 2 points The following types of constraints are ones that might be found in linear programming formulations: 1. ≤ 2. = 3. > Answer Selected Answer: 1 and 2 Correct Answer: 1 and 2 . Question 9 .2 out
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Answer: False Correct Answer: False Question 7 2 out of 2 points A continuous random variable may assume only integer values within a given interval. Answer Selected Answer: False Correct Answer: False Question 8 2 out of 2 points The indicator that results in total revenues being equal to total cost is called the Answer Selected Answer: break-even point Correct Answer: break-even point Question 9 2 out of 2 points
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Quiz 2 Chapters 4 & 5__TEAM A week 5________________________ 1) Use the standard normal distribution to find P(-2.25 < z < 1.25). A) .0122 B) .8821 C) .8944 D) .4878 P(-2.25 < z < 1.25) = F(1.25) - (1 - F(2.25)) = 0.89435 - (1 - 0.987776) = 0.882126 2) Before a new phone system was installed‚ the amount a company spent on personal calls followed a normal distribution with an average of $ 900 per month and a standard deviation of $50 per month. Refer to such expenses as PCE’s (personal call
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False . Question 7 .2 out of 2 points In a __________ integer model‚ some solution values for decision variables are integers and others can be non-integer. Answer Selected Answer: mixed Correct Answer: mixed . Question 8 .2 out of 2 points The solution to the linear programming relaxation of a minimization problem will always be __________ the value of the integer programming minimization problem. Answer Selected Answer: less than or equal to Correct Answer:
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Julia’s Food Booth Strayer University Quantitative Methods MAT 540 December 12‚ 2012 Dr. L. Joseph Introduction Julia is a senior at Tech‚ and she’s investigating different ways to finance her final year at school. She is considering leasing a food booth outside the Tech stadium at home football games. Tech sells out every home game‚ and Julia knows‚ from attending the games herself‚ that everyone eats a lot of food. She has a booth‚ and the booths are not very large. Vendors
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A. Julia Robertson is considering renting a food booth at her school. She is seeking ways to finance her last year and thought that a food booth outside her school’s stadium would be ideal. Her goal is to earn the most money possible thereby increasing her earnings. In this case problem‚ she decided to sell pizza‚ hotdogs and BBQ sandwiches. The following LP model illustrates the maximum net profit and constraints that will determine whether or not to least the booth. Z = $ .75(X1) + $1.05(X2)
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SYDNEY INSTITUTE OF BUSINESS AND TECHNOLOGY ACST101 TECHNIQUES AND ELEMENTS OF FINANCE REVISION - LECTURES 1‚ 2 & 3 Sample Class Test 1 Instructions: For Questions 1‚ 2 and 4 write your answer in the space provided. For Question 3 all working must be shown. Total marks for the test = 10. Time: 50 minutes writing time (no reading time) Question 1 (2 Marks ) (i) Vincent invested a sum of $5‚000 in a bank account earning 5½% p.a simple interest on 1 September 2003. On what date will Vincent’s bank
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TASK 1: GETTING A HAND ON DATA ORGANISING YOUR DATA: A. Summarise your results in a table. Name Age Writing Hand R/L? Writing hand angle Non-writing hand angles Right (√) Left (√) Zac Taylor 15 √ 50o 50o Eric Na 17 √ 55o 52o Damian Bielinski 15 √ 49o 48o Ashley Vandenput 15 √ 47o 50o Tolga Pasin 15 √ 50.5o 53o Corey Evans 15 √ 52o 50o Romy Abbott 14 √ 50o 53o Candice Shadford 15 √ 45o 54o Jess Dayus 14 √ 50o 55o Joel
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