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The Charm City Fan Company manufactures two products: large fans and medium fans. Each large fan requires 3 hours of wiring and 2 hours of drilling. Each medium fan requires 2 hours of wiring and 1 hour of drilling. There are 480 hours of wiring time available and 280 hours of drilling time available. Each large fan yields a profit of $12. Each medium fan yields a profit of $8. The company wants to manufacture 160 or fewer medium fans.
(a) Formulate a linear programming model to maximize total profit for this problem. (b) Find the optimal solution of this model by hand using the corner points graphical method.
Prepare a report with your rankings of the judges. Also include an analysis of the likelihood of appeal and case reversal in the three courts. At a minimum, your report should include the probability of cases being appealed and reversed in the thre..
Inverse relationship with wage spending. What should the microeconomist who developed this multiple regression model be particularly concerned with?
Draw a scatter diagram and consider the correlation for the provided data. Do larger universities tend to have more property crime.
The random variable x is the number of houses sold by a realtor in a single month at the Sendsom's Real Estate office. Its probability distribution is as follows.
State the null and the alternative hypotheses. Using the p-value approach, test to determine whether or not the mean age of all employees is significantly more than 40 years.
Recall that the trash bag manufacturer has concluded that its new 30 gallon bag will be the strongest such bag on the market if its mean breaking strength is at least 50 pounds.
Write in interval notation the real numbers greater than or equal to 3 and less than 9. Translate the verbal expression into an algebraic expression: a cubed minuis b cubed.
The residuals for Alaska in the original regression is above 50. Explain why it is not generally informative to judge the unusualness of an observation purely by the magnitude of its residual?
The time interval between services at the station follow exponential distribution and as such the mean time taken to serve a unit is 5 minutes. What is the expected average queue length?
The number of hurricanes that are formed during each hurricane season can be modeled using the Poisson probability distribution. History suggests that the average if number of hurricanes formed during a year is 6.0 hurricanes.
What are the underlying assumptions of Spearman rank-order scale?
Let the following all-integer linear program: Max 1x1 + 1x2, s.t. 4x1 + 6x2
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