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 A university is planning a seminar. It costs $3000 to reserve a room‚ hire an instructor‚ and bring in the equipment. Assume it costs $25 per student for the administrators to provide the course materials. If we know that 20
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Attempt Score 34 out of 40 points Question 1 2 out of 2 points If exactly 3 projects are to be selected from a set of 5 projects‚ this would be written as 3 separate constraints in an integer program. Answer Selected Answer: False Correct Answer: False . Question 2 2 out of 2 points Rounding non-integer solution values up to the nearest integer value will result in an infeasible solution to an integer linear programming problem. Answer Selected
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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 of 2
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MAT 540 Quiz 4 1.___________is maximized in the objective function by subtracting cost from revenue Profit Revenue Cost Productivity 2. In a media selection problem‚ instead of having an objective of maximizing profit or minimizing cost‚ generally the objective is to maximize the audience exposure True False 3. Media selection is an important decision that advertisers have to make. In most media selection decisions‚ the objective of the decision maker is to minimize cost. True False 4. The
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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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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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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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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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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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When considering the first variable “Home”‚ I begin by questioning how can the information gathered be classified and broken down. Can it be divided in number order? No. Is one response in some way able to be ranked with value‚ as in this answer is obviously more valuable than this one? No. I believe that Home will be a Nominal Variable. It has multiple categories without natural order or value. When considering the variable “Arrests” I begin by questioning is this information based on words or
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