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Question: Five neighborhoods (NB) all want to raise money for a playground for their kids. The neighborhood that raises the most money will be able to choose the name of the park. To raise money, they all decide to have a bake sale & sell cookies (C), cakes (K), & muffins (M). They plan to sell their bake goods on Saturday morning for 3 weeks. Following are the results of the first 2 weeks. The numbers represent the number of cookies, cakes, & muffins sold.
[A] Which team sold the most items at the end of the second week?
[B] How much of each item had the neighborhoods sold by the end of the second week? Use matrices to solve the problem. Final answer must be given in matrix form.
Formulate the above as linear programming problem. Solve (a) by graphical method. Solve using simplex method.
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Assignment on Business mathematics and statistics, Fix a Straight Line Trend equation by the method of Least Square Principle method. Assuming that the same rate of change continues what would be the predicted earnings for the year 1990?
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