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The Move-It Company has two plants building forklift trucks that then are shipped to three distribution centers during a given month. The production costs are the same at the two plants, and the cost of shipping each truck is shown below for each combination of plant and distribution center:
Plant
Distribution Center
1
2
3
A
$800
$700
$400
B
$600
$500
Each plant can produce a total of 30 forklift trucks per week. Each distribution center must receive exactly 20 trucks per week.
Management's objective is to determine how many forklift trucks should be shipped from each plant to minimize total shipping cost. Formulate and solve an LP model for this problem using Excel and find the total cost.
Test the hypothesis that more than 60 percent of the U.S. senators (of a total 100 senators) favor the president's economic plan, if a sample of 40 showed that 22 favor the plan (use alpha = .05).
S.D. of the sampling was 8 minutes. Shall we reject the null hypothesis of the mean >/= 28 in favor of the alternate hypothesis, mean
Due to financial hardship, the Nyke shoe company feels they only need to make one size of shoes, regardless of gender or height. They have collected data on gender, shoe size, and height
a 60-watt outdoor lightbulb is advertised as having an average life i.e. mttf of 1000 operating hours. however
If 20 voters are selected at random, and X is the number of voters which support this referendum, determine the mean and variance of X.
The time, in hours, that a copying machine may work without breaking down is the normally distributed random variable with mean 549 and the standard deviation 68.
Difference between the discrete and the continuous random variable.
Determine the range of values containing 50% of the population of x. From a large sampling (N>5000), we find that x has a mean value of 5.2 units and a standard deviation of 1.0 units.
If the market research gave a positive indication the price would be £35,000. If the market research gave a negative indication the price would be only £3,000.
A survey of 30 adults found that the mean age of a person's primary vehicle is 5.6 years. Assuming the standard deviation of the populaiton is 0.8 year, find the 99% confidence interval estimate for the population mean.
Standard deviation of 12 ounces. Find the probability of randomly selecting a newborn child whose weight is less than 107 ounces.
Create a 90% confidence interval for true mean amount of cholesterol in chicken eggs.
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