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- * 00 R 品 Miles is considering buying a new pickup truck for his lawn service firm. The economy in town seems to be growing, and he is wondering whether he should opt for a subcompact, compact, or full-size pickup truck. The smaller truck would have better fuel economy, but would sacrifice capacity and some durability. A friend at the Bureau of Economic Research told him that there is a 30% chance of lower gas prices in his area this year, a 20% chance of higher gas prices, and a 50% chance that gas prices will stay roughly unchanged. Based on this information, Miles has developed a decision table that indicates the profit amount he would end up with after a year for each combination of truck and gas prices. States of Nature Lower gas Gas prices Higher gas Alternatives prices unchanged prices Subcompact 000ʻ9 000'6 000ʻ Compact 15,000 Full size 000'6, 000'9 gooʻ'r Probability 0.5 0.2 Which type of truck should Miles select based on Maximin Criterion? MacBook Air 000 000 DD F2 F4 F5 F7…A B C 20 12345690022===≈ Year Quarter Revenue 2010 1 7,131.00 2010 2 6,566.00 2010 3 7,560.00 2010 4 12,947.00 2011 1 9,857.00 7 2011 2 9,913.00 8 2011 3 10,876.00 2011 4 17,431.00 10 2012 1 13,185.00 11 2012 2 12,834.00 12 2012 3 13,806.00 13 2012 4 21,268.00 14 2013 1 16,070.00 15 2013 2 15,704.00 16 2013 3 17,091.00 17 2013 4 25,587.00 18 2014 1 19,741.00 19 2014 2 19,340.00 20 2014 3 20,578.00 21 2014 4 29,329.00 22 2015 1 22,717.00 23 2015 2 23,184.00 24 2015 3 25,358.00 25 2015 4 35,747.00 26 2016 1 29,128.00 27 2016 2 30,404.00 28 2016 3 32,714.00 29 2016 4 43,741.00 30 2017 1 35,714.00 31 2017 2 37,955.00 32 2017 3 43,744.00 33 2017 4 60,453.00 34 2018 1 51,042.00 35 2018 2 52,886.00 36 2018 3 56,576.00 37 2018 4 72,383.00 38 2019 1 59,700.00 39 2019 2 63,404.00 40 2019 3 69,982.00 41 2019 4 87,436.00 42 2020 1 75,452.00 43 2020 2 88,912.00 44 2020 3 96,145.00 45 2020 4 125,555.00Q1) A retail. Store stocks two types of shirts A and B. These are packed in attractive cardboard boxes. During a week the store can sell a maximum of 400 shirts of type A and a maximum of 300 shirts of type B. The storage capacity, however, is limited to a maximum of 600 of both types combined. Type A shirt fetches a profit of SR 2/- per unit and type B a profit of SR. 5/- per unit. (b) Find the optimal solution (How many of each type) that store should stock per week to maximize the total profit. Use Graphical Method.
- (3marks) c. The Ambrosia Bakery makes cakes for freezing and subsequent sale. The bakery, which operates five days a week, 52 weeks a year, can produce cakes at the rate of I16 cakes per day. The bakery sets up the cake-production operation and produces until a predetermined number have been produced. When not producing cakes, the bakery uses its personnel and facilities lor produciny other bakery tems Ihe selup cost lor a oduction run of cakes is 700 The cost of holdling frozen cakes in storage is 9 per Cake per year. the annual demand lor Ihuzen cakes, which Is contant over time, is G000 cakes. Determine the lollowing 1Optimal production run quantity ii. The maximum inventory ii. Total annual inventory costs iv. Optimal number of production runs per year V. Optimal cyele tinie (time between run starts)Nick owns a single-family home, which he rents out for $1,600 per month. According to the IRS, over how many years will Nick's property depreciate? • 27.5 years O 10 years • 100 years O 39 vearsPls solve...
- #3 Mention some drawbacks of the Linear Model?none of the above 17 18 Question 25 (1 point) ✔Saved 20 20 21 2 23 25 ✓ 24 24 Quiz Information @ 2 # * $ 3 4 Which of the following is not one of the Bardal Factors affecting the length of common law notice to which an employee would be entitled upon termination of employment? Age Length of Service Position of the Employee All of the above are Bardal Factors Submit Quiz 25 of 25 questions saved = e ZM f6 f5 Jo 5 6 & 7 IN hp ao f8 f9 KA f10 f11 f12 ins prt sc * 8 9 delete 奶 backspace W E R T Y U O P [ S D F G H J K X C V B N Σ アド L- 1 pause alt ctri < にQ#3 · Let p + 3q/2 = 27 be an equation involving two variables p (price) and q (quantity). Indicate the meaningful domain and range of this function when (a) the price (b) the quality are considered independent variables.
- 8 Total Cost (TC) or Revnue (R) [$] x 107 w N 5 O Revenue (R) [$] ... Cost Machine 1 (TC) [$] --Cost Machine 2 (TC) [$] 2 1 New Machine Purchase Justification 4 5 6 Number of boxes (N) [--] x 10² 3Consider the following price and dividend data for Ford Motor Company: Dividend ($) Date December 31, 2004 January 26, 2005 April 28, 2005 July 29, 2005 October 28, 2005 December 30, 2005 Price ($) $14.04 $13.43 $9.14 OA. -44.4% OB. -40.2% OC.-42.32% OD. -38.1% $10.74 $8.02 $7.72 $0.12 $0.12 $0.12 $0.12 Assume that you purchased Ford Motor Company stock at the closing price on December 31, 2004 and sold it at the closing price on December 30, 2005. Your realized annual return is for the year 2005 is closest to:14. Digital Controls, Inc. (DCI) manufactures two models of a radar gun used by police to mon- itor the speed of automobiles. Model A has an accuracy of plus or minus 1 mile per hour, whereas the smaller model B has an accuracy of plus or minus 3 miles per hour. For the next week, the company has orders for 100 units of model A and 150 units of model B. Although DCI purchases all the electronic components used in both models, the plastic cases for both models are manufactured at a DCI plant in Newark, New Jersey. Each model A case re- quires 4 minutes of injection-molding time and 6 minutes of assembly time. Each model B case requires 3 minutes of injection-molding time and 8 minutes of assembly time. For next week the Newark plant has 600 minutes of injection-molding time available and 1080 min- utes of assembly time available. The manufacturing cost is $10 per case for model A and $6 per case for model B. Depending upon demand and the time available at the Newark plant, DCI…