Homework Answers
Add Answer to:
Formulate but do not solve the following exercise as a linear programming problem. Anander plans to...
A) Formulate but do not solve the following exercise as a linear programming problem. Madison Finance...
A) Formulate but do not solve the following exercise as a linear programming problem. Madison Finance has a total of $18 million earmarked for homeowner loans and auto loans, where x is homeowner loans in millions of dollars and y is auto loans in millions of dollars. On the average, homeowner loans have a 10% annual rate of return, whereas auto loans yield a 12% annual rate of return. Management has also stipulated that the total amount of homeowner loans...
Formulate but do not solve the following exercise as a linear programming problem. A farmer plans...
Formulate but do not solve the following exercise as a linear programming problem. A farmer plans to plant two crops, A and B. The cost of cultivating Crop A is $40/acre, whereas the cost of cultivating Crop B is $60/acre. The farmer has a maximum of $7200 available for land cultivation. Each acre of Crop A requires 20 labor-hours, and each acre of Crop B requires 25 labor-hours. The farmer has a maximum of 2900 labor-hours available. If she expects...
11. + -/0.05 points TanApMath5 6.3.036 My Notes A financier plans to invest up to $400,000...
11. + -/0.05 points TanApMath5 6.3.036 My Notes A financier plans to invest up to $400,000 in two projects. Project A yields a return of 11% on the investment, whereas project B yields a return of 16% on the investment. Because the investment in project B is riskier than the investment in project A, she has decided that the investment in project B should not exceed 35% of the total investment. How much should the financier invest in each project...
Formulate but do not solve the following exercise as a linear programming problem. Perth Mining Company...
Formulate but do not solve the following exercise as a linear programming problem. Perth Mining Company operates two mines for the purpose of extracting gold and silver. The Saddle Mine costs $16,000/day to operate, and it yields 55 or of gold and 3000 ou of silver each of days. The Horseshoe Mine costs $18,000/day to operate, and it yields 75 oz of gold and 1500 of siver each of y days. Company management has set a target of at least...
Formulate but do not solve the following exercise as a linear programming problem. Deluxe River Cruises...
Formulate but do not solve the following exercise as a linear programming problem. Deluxe River Cruises operates a fleet of river vessels. The fleet has two types of vessels: A type A vessel, x, has 60 deluxe cabins and 150 standard cabins, whereas a type B vessel, y, has 80 deluxe cabins and 120 standard cabins. Under a charter agreement with Odyssey Travel Agency, Deluxe River Cruises is to provide Odyssey with a minimum of 380 deluxe and 660 standard...
Formulate but do not solve the following exercise as a linear programming problem A company manufactures...
Formulate but do not solve the following exercise as a linear programming problem A company manufactures x units of product A, y units of product, and units of product C Each product is processed in three departments: I, I, and TIL The total available labor hours per week for Departments I, II, and I are 920, 2000, and 310, respectively. The time requirements in hours per unit and profit per unit for each product are as follows. Product Product Product...
Formulate but do not solve the following exercise as a linear programming problem. TMA manufactures 37-in....
Formulate but do not solve the following exercise as a linear programming problem. TMA manufactures 37-in. high-definition LCD televisions in two separate locations: Location I and Location 11. The output at Location I is at most 5500 televisions/month, whereas the output at Location I is at most 5200 televisions/month. THA is the main supplier of televisions to Pulsar Corporation, its holding company, which has priority in having all its requirements met. In a certain month, Pulsar placed orders for 2800...
Solve the following linear programming problem graphically:
Solve the following linear programming problem graphically: Maximize Z=4X₁+4X₂, Subject to: 3X₁ + 5X₂ ≤ 150 X₁ - 2X₂ ≤ 10 5X₁ + 3X₂ ≤ 150 X₁, X₂ ≥ 0 1) Using the line drawing tool, plot the constraints by picking two endpoints for each line. Do not plot the nonnegativity constraints. 2) Using the point drawing tool, plot the five corner points which define the feasible region. The optimal solution is X₁ = _______ and X₂ = _______ (round your responses to two decimal places). Maximum profit is $_______
Applications in Marketing, Finance and Management
The Top Investment Corporation is developing a mix of investments to meet the needs of a client with one million dollars to invest. A mix of five investments is being considered, with data on each as shown below:
The state laws and Top Investment policies impose the following restrictions on the composition of the investments: .
The total average return must be at least 12.5% where all the money must be invested.
Investments A and B together must not be...
A linear programming computer package is needed. The employee credit union at State University is planning...
A linear programming computer package is needed. The employee credit union at State University is planning the allocation of funds for the coming year. The credit union makes four types of loans to its members. In addition, the credit union invests in risk-free securities to stabilize income. The various revenue-producing investments together with annual rates of return are as follows. Type of Loan/Investment Annual Rate of Return (%) Automobile loans Furniture loans Other secured loans Signature loans Risk-free securities The...
11. + -/0.05 points TanApMath5 6.3.036 My Notes A financier plans to invest up to $400,000 in two projects. Project A yields a return of 11% on the investment, whereas project B yields a return of 16% on the investment. Because the investment in project B is riskier than the investment in project A, she has decided that the investment in project B should not exceed 35% of the total investment. How much should the financier invest in each project...
Formulate but do not solve the following exercise as a linear programming problem. Perth Mining Company operates two mines for the purpose of extracting gold and silver. The Saddle Mine costs $16,000/day to operate, and it yields 55 or of gold and 3000 ou of silver each of days. The Horseshoe Mine costs $18,000/day to operate, and it yields 75 oz of gold and 1500 of siver each of y days. Company management has set a target of at least...
Formulate but do not solve the following exercise as a linear programming problem A company manufactures x units of product A, y units of product, and units of product C Each product is processed in three departments: I, I, and TIL The total available labor hours per week for Departments I, II, and I are 920, 2000, and 310, respectively. The time requirements in hours per unit and profit per unit for each product are as follows. Product Product Product...
Formulate but do not solve the following exercise as a linear programming problem. TMA manufactures 37-in. high-definition LCD televisions in two separate locations: Location I and Location 11. The output at Location I is at most 5500 televisions/month, whereas the output at Location I is at most 5200 televisions/month. THA is the main supplier of televisions to Pulsar Corporation, its holding company, which has priority in having all its requirements met. In a certain month, Pulsar placed orders for 2800...
A linear programming computer package is needed. The employee credit union at State University is planning the allocation of funds for the coming year. The credit union makes four types of loans to its members. In addition, the credit union invests in risk-free securities to stabilize income. The various revenue-producing investments together with annual rates of return are as follows. Type of Loan/Investment Annual Rate of Return (%) Automobile loans Furniture loans Other secured loans Signature loans Risk-free securities The...
Most questions answered within 3 hours.
-
A χ2-curve, looking at the relationship between age and hours
spent working at an office per...
asked 42 seconds ago -
The pH of a sample of water from a river is 5.0. A
sample of effluent from...
asked 45 minutes ago -
At the beginning of the period, the Fabricating Department
budgeted direct labor of $136,500 and equipment...
asked 1 hour ago -
Please answer all
____ 28. Rent control is usually
justified on the grounds that it protects...
asked 1 hour ago -
PARTS A-D HAVE BEEN ANSWERED. WAS TOLD TO REPOST. ONLY ANSWER
PARTS E and F.
A...
asked 1 hour ago -
2) You are given the task of finding a representation for a
circle in a drawing...
asked 2 hours ago -
STUDY QUESTION: Does use of diet drug fen-phen
(fenfluramine-phentermine) cause valvular heart disease?
HINT: Valvular heart...
asked 2 hours ago -
1. An object weighing 40 N rests on a surface. The coefficient
of friction is 0.35....
asked 3 hours ago -
Investor company owns 35% of investee company voting stock and
accounts for the investment under the...
asked 4 hours ago -
The number of major faults on a randomly chosen 1 km stretch of
highway has a...
asked 5 hours ago -
Consider the competitive environment of Starbuck's, Progressive
Insurance, a manufacturing firm with low turnover, or a...
asked 6 hours ago -
3. Gains from trade
Consider two neighbouring island countries called Euphoria and
Contente. They each have...
asked 7 hours ago