Consider water supply for a region consisting of three cities. The total available water supply is...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Consider water supply for a region consisting of three cities. The total available water supply is 8 units. Determine the optimal allocation of water to the three cities that maximizes the total economic return from the region. The relationship between the economic return and the quantity of water allocated for each city are given in the following table Return q 0 1 2 3 4 5 6 7 8 1 r₁(q) 0 6 12 35 75 85 91 96 100 City 2 r₂(9) 0 5 14 40 55 65 70 75 80 3 r3(q) 0 7 30 42 50 60 70 72 75 Consider water supply for a region consisting of three cities. The total available water supply is 8 units. Determine the optimal allocation of water to the three cities that maximizes the total economic return from the region. The relationship between the economic return and the quantity of water allocated for each city are given in the following table Return q 0 1 2 3 4 5 6 7 8 1 r₁(q) 0 6 12 35 75 85 91 96 100 City 2 r₂(9) 0 5 14 40 55 65 70 75 80 3 r3(q) 0 7 30 42 50 60 70 72 75
Expert Answer:
Answer rating: 100% (QA)
Answer City aptivnal Allocation of water to the thr... View the full answer
Related Book For
Chemistry The Central Science
ISBN: 978-0321696724
12th edition
Authors: Theodore Brown, Eugene LeMay, Bruce Bursten, Catherine Murphy, Patrick Woodward
Posted Date:
Students also viewed these computer network questions
-
The raw data for Problem 22, from Freund (1979), appear below. For the model of Problem 22, a. Fit the model. b. What discrepancies do you note between the results of (a) and the data summary...
-
A survey of information systems managers was used to predict the yearly salary of beginning programmer/analysts in a metropolitan area. Managers specified their standard salary for a beginning...
-
Researchers have studied the ecology of ponds in rural Bangladesh. Of particular interest in such studies are the zooplankton, phytoplankton, and copepod counts (per liter of water) in these ponds....
-
15. The temperature C, in degrees, that is equivalent to a temperature of F degrees Fahrenheit is given by C- graph of this equation shows the temperature in Celsius for the corresponding...
-
Prepare a line graph of these data. Do the data appear to be stationary or nonstationary? Describe.
-
Integrative-Investment decision: Holliday Manufacturing is considering the replacement of an existing machine. The new machine costs $1.2 million and requires installation costs of $150,000. The...
-
Gem Products is considering buying the casters it uses in the manufacture of office chairs from an outside vendor. Currently, Gem Products makes the casters in its own manufacturing facility. Gem...
-
Presented below is a condensed version of the comparative balance sheets for Zubin Mehta Corporation for the last two years at December 31. Additional information: Investments were sold at a loss...
-
On January 2, 2018, Killeen Nurseries Inc. bought 5% of Creasote's capital stock for $103 million. Creasotes's net income for the year ended December 31, 2018, was $133 million. The fair value of the...
-
Play the following games in the Games Fair: Three Prize Roller Word Scramble Marble Draw Ten Spinner For each Games Fair game, answer the following questions: Create the probability distribution in a...
-
If z1, z2 and z3 are complex numbers such that |z1| = |z2| = |z3| = |1/z1 + 1/z2 + 1/z3 | = 1, then |z1 +z2+z3| is
-
Following is information on an investment in a manufacturing machine. The machine has zero salvage value. The company requires a 3% return from its investments. Initial investment Net cash flows:...
-
Answer all questions with explanation What-If you have $185,500 available for part procurement for a new assembly line equipment, however the invoice amount is $500,000. If the annual interest rate...
-
Use the following to answer the next two questions, O'Donnell Industries generated the following income statement over the past year: Sales$36,000 Operating costs excluding depreciation 23,400...
-
Identify the key elements of the Just-in-time (JIT) Purchasing and Just-in-time (JIT) Porduction processes. Identify what elements would be more disrupted by the Cobid-19 virus and indicate why.
-
Lakeside Winery is considering expanding its winemaking operations. The expansion will require new equipment costing $ 4 0 0 , 0 0 0 that would be depreciated on a straight - line basis to a zero...
-
For the past seven weeks, we have been thinking about research methods in psychology and the important role they play in understanding the world around us. Reflect on what you have learned in...
-
For the vector whose polar components are (Vr = 1, Vθ = 0), compute in polars all components of the second covariant derivative Vα;μ;ν. To find...
-
The average pH of normal arterial blood is 7.40. At normal body temperature (37 (C), Kw = 2.4 ( 10-14. Calculate [H+], [OH-], and pOH for blood at this temperature. pH poH H Acidic or basic? 5.25...
-
One mystery in environmental science is the imbalance in the "carbon dioxide budget." Considering only human activities, scientists have estimated that 1.6 billion metric tons of CO2 is added to the...
-
The most important oxides of iron are magnetite,Fe3O4,and hematite,Fe 3O4 (a) What are the oxidation states of iron in these compounds? (b) One of these iron oxides is ferrimagnetic, and the other is...
-
\(3 \pi+7 \sqrt{21}=7 \sqrt{21}+3 \pi\) Identify the property of real numbers that is being illustrated.
-
\((-10 \pi)+10 \pi=0\) Identify the property of real numbers that is being illustrated.
-
\(14 \times(3 \sqrt{2}+11.6)=14 \times 3 \sqrt{2}+14 \times 11.6\) Identify the property of real numbers that is being illustrated.
Study smarter with the SolutionInn App