Question: Each coffee table produced by Robert West Designers nets the firm a profit of $9. Each bookcase yields a $12 profit. Wests firm is small
Each coffee table produced by Robert West Designers nets the firm a profit of $9. Each bookcase yields a $12 profit. Wests firm is small and its resources limited. During any given production period, 10 gallons of varnish and 12 lengths of high-quality redwood are available. Each coffee table requires approximately 1 gallon of varnish and 1 length of redwood. Each bookcase takes 1 gallon of varnish and 2 lengths of wood.
Formulate Wests production-mix decision as a linear programming problem, and solve. How many tables and bookcases should be produced each week? What will the maximum profit be?
Use:
x = number of coffee tables to be produced y = number of bookcases to be produced
For the problem above, which of the following could be a corner point for the feasible region?
a.
(6,0)
b.
(10,0)
c.
(12, 0)
d.
(0, 10)
A second hand car dealer has 7 cars for sale. She decides to investigate the link between the age of the cars, x years, and the mileage, y thousand miles. The date collected from the cars is shown in the table below.
| Age, x Year
| 2 | 3 | 7 | 6 | 4 | 5 | 8 |
| Mileage, y thousand | 20 | 18 | 15 | 24 | 29 | 21 | 20 |
Calculate the b value in the form y= a+ bx
a.
23
b.
2.1
c.
10
d.
(0.4)
A second hand car dealer has 7 cars for sale. She decides to investigate the link between the age of the cars, x years, and the mileage, y thousand miles. The date collected from the cars is shown in the table below.
| Age, x Year | 2 | 3 | 7 | 6 | 4 | 5 | 8 |
| Mileage, y thousand | 20 | 18 | 15 | 24 | 29 | 21 | 20 |
Find the least square regression line in the form y = a + bx.
a.
Y= 23- 0.4 X
b.
Y= 23 + 4 X
c.
Y= 10 + 53 X
d.
Y= 43 + 10 X
Each coffee table produced by Robert West Designers nets the firm a profit of $9. Each bookcase yields a $12 profit. Wests firm is small and its resources limited. During any given production period, 10 gallons of varnish and 12 lengths of high-quality redwood are available. Each coffee table requires approximately 1 gallon of varnish and 1 length of redwood. Each bookcase takes 1 gallon of varnish and 2 lengths of wood.
Formulate Wests production-mix decision as a linear programming problem, and solve. How many tables and bookcases should be produced each week? What will the maximum profit be?
Use:
x = number of coffee tables to be produced y = number of bookcases to be produced
Determine the possible two constraints of the problem
a.
2X+ Y 12, X+Y 10
b.
X+Y 9, X+ 2 Y 12
c.
X+Y 10, X+ 2 Y 12
d.
X+Y 12, X+ 2 Y 10
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