Problem 11-21 (Algorithmic)Agan Interior Design provides home and office decorating assistance to its customers. In normal operation, an average of 2.7 customers arrive each hour. One design consultant is available to answer customer questions and make productrecommendations. Agan's management would like to evaluate two alternatives:Use one consultant with an average service time of 8 minutes per customer.• Expand to two consultants, each of whom has an average service time of 10 minutes per customer.If the consultants are paid $14 per hour and the customer waiting time is valued at $22 per hour for waiting time prior to service, should Agan expand to the two-consultant system?.No✓What is the total cost for each scenario? Round your answers to the nearest cent.The total cost for the first scenario where there is one consultant with an average service time of 8 minutes per customer is $minutes per customer is $Note: Use Po values from Table 11.4 to answer the questions below..The total cost for the second scenario where there are two consultants with an average service time of 10

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Answered: ommendations. Agan's management would…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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A ski manufacturer is planning a new line of skis. The fixed costs for setting up the new production line are $45,000. Variable costs for producing each pair of skis are estimated to be $95. The sales department is pricing the skis at $275 per pair. The profit model supporting this manufacture is:
Kimberly works four days per week, Monday through Thursday. She rides the Metropolitan Transit System bus to and from work. The bus cost schedule is shown in the table below. If Kimberly has three weeks of vacation each year, what type of bus ticket should Kimberly buy to save the most money each year? Metropolitan Transit System Bus Pricing single ride: adult/youth: $2.25 senior/disabled/Medicare: $1.10 children 5 and under: free when accompanied by a paying adult 1-day pass: $5.00 2-day pass: $9.00 4-day pass: $15.00 14-day pass: $43.00 monthly pass: adult: $72.00 18 & under: $36.00 senior/disabled/Medicare: $18.00
A women’s resource center which provides housing for women and children who come from abusive home is undertaking a grass roots fund-raising effort within the community. One component of the campaign is the sale of two types of candy bars. The profit from the candy is $0.65 and $0.85 per bar, respectively, for the two types. The supplier of the candy has offered an incentive if the total numbers of candy bars sold exceeds 1500. For each bar over 1500, an additional $0.35 will be earned by the center. (a) Determine the function P = f (x1 , x2), where P equals the total profit in dollars and xj equals the number of bars sold of type j. (b) If 650 and 800 bars, respectively, are sold, what is the profit expected to equal? (c) If 1400 and 2050 bars, respectively, are sold, what is the profit expected to equal?
A sample of n = 64 scores has a mean of M = 45 and an estimated standard error of 3 points. What is the sample variance? Select one: a. s2 = 113 b. s2 = 576 c. s2 = 498 d. s2 = 502
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
A producer of perishable product offers a wage incentive to drivers of its trucks. A standard delivery takes an average of 30 hours. Drivers are paid at the rate of $20 per hour up to maximum of 40 hours. If the trip requires more than 30 hours, the drivers receive compensation for only 30 hours. There is an incentive for drivers to make the trip in less (but not to much less) than 30 hours. For each hour under 30, the hourly wage increases by $1.25.Determine the function w = f(x) where w equals the hourly wage in dollars and x equals the number of hours required to complete the trip.a) What trip time x will maximize the driver salary for the trip?b) What is the hourly wage associated with this trip?c) What is the maximum salaryd) How does this salary compare with that received for a 20 hours trip?
Alan, Hannah, and Carolyn start a business agd invest $9000, $3000 and $6000 respectively. After a few months, if Carolyn decides to sell his shares to Alan and Bianca, he much would Alan and Blanca have to pay for Carolyn's shares if they want to maintain their initial investment ratio? a. Alan pays $1200; Hannah pays $4800 b. Alan pays $4800; Hannah pays $1200 C. Alan pays $1500; Hannah pays $4500 d. Alan pays $4500; Hannah pays $1500

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