Solve the following linear programming model graphically in

Assignment Help Econometrics
Reference no: EM13378233

Solve the following linear programming model graphically. In addition, write the problem in standard form and do a constraint analysis for the optimal solution.

Minimize 10x + 15y
Subject to
5x + 2y ? 40
x + 2y 0

Reference no: EM13378233

Questions Cloud

The charm city bakery makes coffee cakes and danish : the charm city bakery makes coffee cakes and danish pastries in large pans. the main ingredients are flour and sugar.
You are a manager in a fictitious company of your choice : you are a manager in a fictitious company of your choice. your director has asked you to explain to the department
Determine whether the following linear programming problem : determine whether the following linear programming problem is infeasible unbounded or has multiple optimal solutions.
A quaint but well-established coffee shop the hot new : a quaint but well-established coffee shop the hot new cafeacute wants to build a new cafeacute for increased capacity.
Solve the following linear programming model graphically in : solve the following linear programming model graphically. in addition write the problem in standard form and do a
1 why might a company want to reduce its cash conversion : 1. why might a company want to reduce its cash conversion cycle? consider the financial statement implication of
If american consumers decrease their spending on imports : if american consumers decrease their spending on imports but leave their overall consumption spending constant hence
The charm city cereal company makes a cereal from several : the charm city cereal company makes a cereal from several ingredients. two of the ingredients oats and rice provide
You were recently hired as management director of the new i : you were recently hired as management director of the new i can business incorporated icbi. you have been asked to

Reviews

Write a Review

Econometrics Questions & Answers

  Quantitynbspnbspnbspnbspnbspnbspnbspnbspnbsp total

quantitynbspnbspnbspnbspnbspnbspnbspnbspnbsp total revenuenbspnbsp

  Find what is the monopolists total cost function

Suppose a monopolist can purchase Labor at a price w = 27 and can purchase Capital at a price r = 3. The monopolist's production function is given by Q = L1/2K1/2. The demand facing the monopolist is given by P = 402 - 6Q.

  Determine the relevant marginal cost of producing

The accounting and marketing departments have provided you with the following information about the per-unit costs and demand for Type A bolts: Materials and labor are obtained in a competitive market on an as-needed basis

  Find the marginal utility of bags of potato chips

Suppose there is an increase in supply (rightward shift in supply). Consider two graphs. In Graph [X], demand is relatively inelastic. In Graph [Y], demand is relatively elastic. Which of the following is true?Suppose Bill gets a pay raise of 12%, ..

  Describes the economy of hypothetica

You are given the following model that describes the economy of Hypothetica. 1)Consumption function: C=100 + .8Yd 2) Planned investment: I = 38 3) Government spending: G = 75 4) Exports: EX = 25

  Why a complete ban on plastic bags would be inefficient

Plastic bags have been blamed fo street litter, ocean pollution, and cabon emissons produced by manufacturing and shipping them. Last summer, Seattle approved a 20- cents charge on plastic shopping bags, wich was intented to reduce pollution.

  Determine increase in the cost of materials in the market

suppose that the cost of raw material used in the production of this good increases (assume nothing else has changed). Draw a diagram comparing the effect of the increase in the cost of materials in this market with the equilibrium

  Calculate equilibrium levels of the real wage and employment

Assume tax rate on labor income t=.6. Find the equation of the labor demand curve. Calculate equilibrium levels of the real wage and employment, the level of full employment output, and the total after tax wage income of workers.

  Describe what happens to the bank loans

People hold $400 million of bank deposits but no currency. Banks have made $380 million dollars of loans and only hold enough reserves to satisfy reserve requirements. Because of uncertainty, banks choose to hold $10 million more in reserves.

  Determine the market equilibrium price-output combination

Qs=2P-20 (supply) QD=80-2P (Demand) where Q is thousands of hours of floor reconditioning per month, and P is the price per hour. algebraically determine the market equilibrium price/output combination.

  What is marginal product labor and marginal revenue product

Q= -3 + 8.5L - 2L^2 Q is toys per hour, L is workers employed per hour. Charges $20 per toy. Workers paid $10 hour. Firm has $50 fixed costs per hour. What is marginal product labor (MPL) What is marginal revenue product

  What long run adjustments should the anticipate

You are the manager of College Computers, a manufacturer of customized computers that meet the specifications required by the local university. Over 90 percent of your clientele consists of college students.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd