A truck driver has to deliver a load of lumber to oneof two construction sites, which are, respectively, 27 and 33 miles from the lumberyard, but he has misplaced theorder telling him where the load of lumber should go. The two construction sites are 12 miles apart, and, to compli-cate matters, the telephone at the lumberyard is out of order. Where should he go first if he wants to minimizethe distance he can expect to drive and he feels that(a) the odds are 5 to 1 that the lumber should go to theconstruction site that is 33 miles from the lumberyard;(b) the odds are 2 to 1 that the lumber should go to theconstruction site that is 33 miles from the lumberyard;(c) the odds are 3 to 1 that the lumber should go to theconstruction site that is 33 miles
A truck driver has to deliver a load of lumber to oneof two construction sites, which are, respectively, 27 and 33 miles from the lumberyard, but he has misplaced theorder telling him where the load of lumber should go. The two construction sites are 12 miles apart, and, to compli-cate matters, the telephone at the lumberyard is out of order. Where should he go first if he wants to minimizethe distance he can expect to drive and he feels that(a) the odds are 5 to 1 that the lumber should go to theconstruction site that is 33 miles from the lumberyard;(b) the odds are 2 to 1 that the lumber should go to theconstruction site that is 33 miles from the lumberyard;(c) the odds are 3 to 1 that the lumber should go to theconstruction site that is 33 miles
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Question
A truck driver has to deliver a load of lumber to one
of two construction sites, which are, respectively, 27 and
33 miles from the lumberyard, but he has misplaced the
order telling him where the load of lumber should go. The
two construction sites are 12 miles apart, and, to compli-
cate matters, the telephone at the lumberyard is out of
order. Where should he go first if he wants to minimize
the distance he can expect to drive and he feels that
(a) the odds are 5 to 1 that the lumber should go to the
construction site that is 33 miles from the lumberyard;
(b) the odds are 2 to 1 that the lumber should go to the
construction site that is 33 miles from the lumberyard;
(c) the odds are 3 to 1 that the lumber should go to the
construction site that is 33 miles
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