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Question: Information is provided on two machines, which had an original cost of $28,400 for Machine X and $26,200 for Machine Y.
a. Which is the best investment using the payback period method?
b. Will either of the machines provide the cash investment back in less than 4 years?
A furniture manufacturing company planes to make three products - chairs, tables and desks from its available weekly resources, which consist of 400 cubic feet of timber and 500 man-hours of labor.
Question - Your task is to write a function that compute a definite integral, Formally, given f, a, b and n, subdivide the range [a, b] into n sub-intervals (of which (b-a)/n) and compute the integral as the sum of the surfaces of the trapezoid emb..
Agent Smith (the character from The Matrix movies) has a special power: Formulate a linear programming problem in order to determine how long before Agent Smith will rule the world
In a study entitled How Undergraduate Students Use Credit Cards, it was reported that undergraduate students have a mean credit card balance of $3173.
Distinguish between the following: Regression coefficient and correlation coefficient. r = 0 and r = 0.
An average of 15 aircraft accidents occur each year (The World Almanac and Book of Facts. 2004). Compute the mean number of aircraft accidents per month.
Is Zener breakdown more likely to occur in a reverse-biased silicon or germanium pn-junction diode if the peak electric field is the same in both diodes? Please explain why it is one or the other.
Customer arrivals at a bark are random and independent: the probability of an arrival in any one-minute period is the same as the probability of an arrival.
Fixed costs are assumed normal with a mean of $5 million and a standard deviation of $20,000. Demands are all assumed to be normally distributed with the following means and standard deviations.
The quality control department at Alexander Fasteners measured the length of 100 bolts randomly selected from a specified order.
Our firm makes two products: Y and Z. Suppose that each unity of Y costs $10 and sells for $40. Each unit of Z costs $5 and sells for $25. If the firm's goal were to maximize profit, what is the approproiate objective function?
J&G Bank receives a large number of credit-card applications each month, an average of 30,000 with a standard deviation of 4,000, normally distributed. Approximately 60% of them are approved, but this typically varies between 50% and 70%.
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