Graph the feasible region for the system of inequalities. 5x+y< -3 x-y > 3
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Q: 3. Maximize: z = 11x1 + 16x2 + 15x3 subject to the following constraints X1 + 2x2 + r3 0
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Q: Graph the feasible region for the system of inequalities. 4x+y≤3 x-y>3
A: A feasible region is an area illustrated by a set of coordinates that fulfill a system of…
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A: 12X1 + 11X2 = 56 ----------- Equation 1 3X1 + 5X2 = 15 --------------- Equation 2 Multiply…
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- 5. Meg Jones, the CEO of Ajax Computer Company, and Brad Smith, its Director of Operations, had been discussing how to increase the firm’s production of the company’s flagship XR58. The XR58 was particularly important because it sold 12,500 of them in the most recent year for $950, at a gross margin of 55%. After a lot of discussion, they decided to pursue an incentive system designed to increase production by 12% in the next year. After Brad discussed this possible incentive with the production team, the team determined that it could increase production by this amount without adding any more people or equipment. They believed they could accomplish this improvement primarily through process redesign. To incent them to do the hard work of process improvement, Brad told the team that it would receive 25% of the increased profits if it met the new production goal. For this team of 20 people, this would mean an additional compensation of _________ for each team member, on average, for…Which is larger, Ws or Wq? Explain.The owner of a small business is considering three options: buying a computer, leasing a computer, or getting along without a computer. Based on the information obtained from the firm's accountant, the following payoff table (in terms of net. profit) was developed: State of Nature State # 1 State # 2 State # 3 Alternative (S1) (S2) (S3) A1 6. A2 АЗ 4 Based on the probability for each state of nature in previous question(the probability for S1 to happen equals the probability of S2; the probability for S2 to happen is three times of S3). What is the EVPI? O 5.29 O Can't be computed with the given information O 114 O 642
- Explain or define each of these terms:a. Laplace criterionb. Minimax regretc. Expected valued. Expected value of perfect informationA shop will decide to sell either product A or B or C in the coming season. Demand in that season can be high, average or low. Payoff table below shows the related returns in TL. You will create your own data for Product B row:)) States of nature Alternatives High demand Average demand Low demand Product A 2000 1000 -200 Product B Product C 1000 500 400 a. What would be the decision according to Minimax Regret? b. What is the maximum amount of money the company should pay for perfect information? (Assign probabilities for high, average and low demand)Problem 6-2 (Algo) Rachel loves to bake cookies, but she has an old oven that has trouble maintaining a constant temperature. If the acceptable temperature range for making the cookies is 350 plus or minus 10 degrees, what is the allowable standard deviation in the temperature of her oven in order to achieve a Six Sigma level of quality? Note: Round your answer to 3 decimal places. Standard deviation degrees
- Nick owns a single-family home, which he rents out for $1,600 per month. According to the IRS, over how many years will Nick's property depreciate? • 27.5 years O 10 years • 100 years O 39 vearsA firm produces 2 different alarm systems A and B. System A detects withprobability 0.93 and costs 2 times expensive then system B. System B detectsfire with probability 0.8. Which option is better: to set two systems B or onesystem A?X Pom Pom company is calculating the the threat of new entrants to understand the challenge of the industry. This threat will be high if * The rivalry among competitors is high The number of substitutes is high The investment in plant and equipment is high Availability of suppliers is high
- find its optimal solution by inspection. Minimize w = 10y1a) Suppose you walk into a large supermarket at 2 am with a friend. Your friend says, "I can't believe that these stores stay open all night. Only one out of fifteen checkout lines is open. There can't be more than ten shoppers in this store. It just doesn't make any sense for this store to be open all night." What conditions must be true for it to be to the advantage of the supermarket to stay open all night? b) Your friend has a large garden and grows fresh fruit and vegetables to be sold at a local "farmer's market." Last year your friend was the only worker in the garden, without any additional workers. However, this year your friend hired a worker and production more than doubled. He comments "Next summer, I think I'll hire another two workers (so total workers including myself would go up from 2 to 4) and my output should again more than double". Is it likely that he could hire more workers and always continue to reap greater than proportional increases in production? Why?Find the formula for g in terms of f. g(x) = -12 12 2.0 12 2.0 2.0 12 12 2.0 -12 Find the formula for g in terms of f. g(x) = -12