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Personal Mini Warehouses (PMW) is planning to expand its successful Orlando business into Tampa. In doing so, the company must determine how many storage sheds of each size (large and small) to build in its 8,000-square-00 facility. Each large shed is 150 square feet in size, requires $1 per week in advertising, and rents for $50 per week. Each small shed is 50 square feet in size, requires $1 per week in advertising, and rents for $20 per week. PMW has a weekly advertising budget of $100 and estimates that it can rent no more than 40 large sheds in any given week. Formulate PMW's problem as a linear program. Solve by using the graphical procedure, then by using Excel.
Write down the joint pmf (as a table) of X and Y . Are X and Y independent and determine the marginal pmf of X and the conditional pmf of Y given X = 1 - Determine the expectations and variances of X and Y.
What is meant by the term feasible solution space? What determines this region? Explain the term redundant constraint.
Examine the stem plot for US retail gas price (in dollars per gallon) from May 4, 2012: (You must use proper reasoning when interpreting the stem plot.)
The steps in testing a research hypothesis. Comparing the means of two or more groups. Calculating the correlation between two variables
The Feed 'N Ship Ranch fattens cattle for local farmers and ships them to meat markets in Kansas City and Omaha. The owners of the ranch seek to determine the amounts of cattle feed to buy so that minimum nutritional standards are satisfied, and a..
1. a company manufactures three models of a certain product. each model has to go through three different operations
Use Lagrange multipliers to find maximum and minimum values of the function subject to a given constraint or constraints.
Changes 4 and 7 are engine block modifications and thus cannot both be selected. Formulate an integer linear programming model to reduce the weight by at least the target amount at the least cost
Show that the average travel time per person is minimized if 2,000 people travel by road. This is known as the "system optimal" scenario. What percent worse than system optimal is the user-optimal scenario?
The mobile phone industry is beginning to implement Near-Field Communications (NFC) technology that will facilitate contactless payments among smartphones.
1) Based on our sample, how do you interpret the results and what do these results suggest about the population means for male and female salaries?
1. In a production run of 300 units, there are exactly 20 defective items and 280 good items. (a) What is the probability that a randomly selected item is defective?
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