The host of a dinner party purchases wine based on the weighted average of clarity (10%), bouquet (5%), friendliness to the palate (5%), storage ability of opened bottles (40%), and price (40%). Suppose that Bone Ranch Wave has scores in these categories of 4, 5, 3, 8, and 9, respectively. What is its rating? A S O0 P)5. 00n C) 7.60 D Nono
The host of a dinner party purchases wine based on the weighted average of clarity (10%), bouquet (5%), friendliness to the palate (5%), storage ability of opened bottles (40%), and price (40%). Suppose that Bone Ranch Wave has scores in these categories of 4, 5, 3, 8, and 9, respectively. What is its rating? A S O0 P)5. 00n C) 7.60 D Nono
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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
Transcribed Image Text:7) The host of a dinner party purchases wine based on the weighted average of clarity (10%), bouquet
(5%), friendliness to the palate (5%), storage ability of opened bottles (40%), and price (40%).
Suppose that Bone Ranch Wave has scores in these categories of 4, 5, 3, 8, and 9, respectively. What is
its rating?
A) 5.80
В) 5.00
C) 7.60
D) None of the previous
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