A cannabis business operates as follows. Let X, be the amount of cannabis in its inventory on the last day of month n. On the first day of month n + 1, the business buys 100kg of marijuana (from the government) to add to its inventory, and sells 90% of its total inventory through to the last day of the month. Just after closing on the last day of the month (before the start of the next month), the business buys an additional 20kg of cannabis from illegal sources (i.e. the government might be out of cannabis when the business tries to re-order). The equation that models the business's end of month n+1 cannabis inventory is: a) AXn = 0.9X, + 20 b) AXn = -0.9Xn+ 20 %3D c) AXn = -0.9X, + 30 d) AXn = -1.1Xn- 30 e) AXn = -0.9Xn + 120 f) None of (a) through (e) are correct a

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter10: Sequences, Series, And Probability
Section10.3: Geometric Sequences
Problem 81E
icon
Related questions
Question
plz solve it within 30-40 mins I'll give you multiple upvote
A cannabis business operates as follows. Let Xn be the amount of cannabis in its inventory on the
last day of month n. On the first day of month n + 1, the business buys 100kg of marijuana (from
the government) to add to its inventory, and sells 90% of its total inventory through to the last day of
the month. Just after closing on the last day of the month (before the start of the next month), the
business buys an additional 20kg of cannabis from illegal sources (i.e. the government might be out of
cannabis when the business tries to re-order). The equation that models the business's end of month
n +1 cannabis inventory is:
a) AXn = 0.9X, + 20
b) AXn = -0.9Xn+ 20
%3D
c) AX, = -0.9X, + 30
d) AXn = -1.1Xn – 30
e) AXn = -0.9X, + 120
%3D
f) None of (a) through (e) are correct
a
Transcribed Image Text:A cannabis business operates as follows. Let Xn be the amount of cannabis in its inventory on the last day of month n. On the first day of month n + 1, the business buys 100kg of marijuana (from the government) to add to its inventory, and sells 90% of its total inventory through to the last day of the month. Just after closing on the last day of the month (before the start of the next month), the business buys an additional 20kg of cannabis from illegal sources (i.e. the government might be out of cannabis when the business tries to re-order). The equation that models the business's end of month n +1 cannabis inventory is: a) AXn = 0.9X, + 20 b) AXn = -0.9Xn+ 20 %3D c) AX, = -0.9X, + 30 d) AXn = -1.1Xn – 30 e) AXn = -0.9X, + 120 %3D f) None of (a) through (e) are correct a
Expert Solution
steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Recommended textbooks for you
Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage
Functions and Change: A Modeling Approach to Coll…
Functions and Change: A Modeling Approach to Coll…
Algebra
ISBN:
9781337111348
Author:
Bruce Crauder, Benny Evans, Alan Noell
Publisher:
Cengage Learning
Intermediate Algebra
Intermediate Algebra
Algebra
ISBN:
9781285195728
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning
Intermediate Algebra
Intermediate Algebra
Algebra
ISBN:
9780998625720
Author:
Lynn Marecek
Publisher:
OpenStax College
College Algebra
College Algebra
Algebra
ISBN:
9781305115545
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning
Algebra for College Students
Algebra for College Students
Algebra
ISBN:
9781285195780
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning