Group B10 Money manager Boris Milkem deals with Frenchcurrency (the franc) and American currency (the dollar). At12 midnight, he can buy francs by paying .25 dollars perfranc and dollars by paying 3 francs per dollar. Let x, =number of dollars bought (by paying francs) and x2 =number of francs bought (by paying dollars). Assume thatboth types of transactions take place simultaneously, andthe only constraint is that at 12:01 A.M. Boris must have anonnegative number of francs and dollars.a Formulate an LP that enables Boris to maximizethe number of dollars he has after all transactions arecompleted.b Graphically solve the LP and comment on theanswer.

a. Suppose, x1=number of dollars bought. x2=number of francs bought. Z=number of dollars available…

Answered: Group B 10 Money manager Boris Milkem…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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Formulate but do not solve the problem.The Johnson Farm has 500 acres of land allotted for cultivating corn and wheat. The cost of cultivating corn and wheat (including seeds and labor) is $44 and $28 per acre, respectively. Jacob Johnson has $17,200 available for cultivating these crops. If he wishes to use all the allotted land and his entire budget for cultivating these two crops, how many acres of each crop should he plant? (Let x and y denote the number of acres of corn and wheat, respectively.) = 500 = 17,200
A sprinter runs a 100meter dash at a constant rate of 8.25. Meters per second . A liner constraints models the relationship between the number of seconds since the start of the race an the distance remaining until the sprinter reaches the finish line. If the number of seconds since the distance remaining until the sprinter reaches the finish line if the number of seconds since the start of the race is independent variable which of the following solutions is viable. A.(5.5,54.625) B. (-2,116.5) C.(13,-7.25) D.(4.76)
A company wishes to produce two types of souvenirs: Type A and Type B. Each Type A souvenir will result in a profit of $1, and each Type B souvenir will result in a profit of $1.20. To manufacture a Type A souvenir requires 2 minutes on Machine I and 1 minute on Machine II. A Type B souvenir requires 1 minute on Machine I and 3 minutes on Machine II. There are 3 hours available on Machine I and 5 hours available on Machine II. (a) The optimal solution holds if the contribution to the profit of a Type B souvenir lies between $ and $ . (Enter your answers from smallest to largest.)(b) Find the contribution to the profit of a Type A souvenir (with the contribution to the profit of a Type B souvenir held at $1.20), given that the optimal profit of the company will be $208.80.$ (c) What will be the optimal profit of the company if the contribution to the profit of a Type B souvenir is $2.00 (with the contribution to the profit of a Type A souvenir held at $1.00)?$
Suppose that a small company produces two different models of kayaks. A larger model and smaller model. The larger model requires 2 hours of manufacturing, 2 hours for assembly and 3 hours for packaging. The smaller model requires 2 hours for manufacturing, 1 hour for assembly and 2 hours for packaging. Each week the company has 120 hours available for manufacturing, 80 hours available for assembly and 132 hours available for packaging. If the company makes a profit of $75 for each of the larger model manufactured and profit of $60 for each smaller model manufactured, how many of each model should the company produce in order to maximize profit ?
A company has $11,270 available per month for advertising. Newspaper ads cost $180 each and can't run more than 21 times per month. Radio ads cost $570 each and can't run more than 34 times per month at this price. Each newspaper ad reaches 7200 potential customers, and each radio ad reaches 7800 potential customers. The company wants to maximize the number of ad exposures to potential customers. Use n for number of Newspaper advertisements and r for number of Radio advertisements. subject to Maximize P - 21 <34 <$11, 270 Enter the solution below. If needed, round ads to 1 decimal palace and group exposure to the nearest whole person. Number of Newspaper ads to run is Number of Radio ads to run is Maximum target group exposure is people
Three competing brands of cerial are being sold in the school cafeteria. Brand z's weekly sales are affected by the sales of the other two proucts. For each $1 increase in brand æ's sales, there is a decrease $0.80 in sales of brand z. Similarly, each $1 increase in brand y's sales, there is a increase $0.10 in sales of brand z. If the current sales for brand z, y, and z are $45.00, $69.00, and $76.00 respectively, write an equation for z's sales in terms of a and y.
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