Use the following information for questions 36-48Transcendent Technologies is deciding between developing a complicated thought-activated software, or a simple voice-activated software. Since the thought-activated software is complicated, it only has a 30% chance of actually going through to a successful launch, but would generate revenues of $50million if launched.The voice-activated software is simple and hence has a 80% chance of being launched but only generates a revenue of $10million. The complicated technology costs10million, whereas the simple technology costs 2million.If the firm can only afford developing one of the software, which one would it rather develop (based on expected profit/gain)a. The simple voice-activated softwareb. The complicated thought-activated softwarec. Neither of the softwareO d. Need more information

The cost of generating the complicated thought activated software =$10 millionThe cost of generating…

Answered: Transcendent Technologies is deciding…

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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An investor has $5000 to invest in three different accounts. One is low-risk,one is a medium-risk and the third is a high-risk investment. The low-risk account is expected to pay 5.2% interest, the medium-risk investment is expected to pay 6.7% interest and the high-risk investment is espected to pay10.3% interest. Due to her age, the investor is willing to invest twice as much money in the high-risk account as in the low-risk investment. How much money should be invested in each of the accounts to anticipate a return of 8% on the total investment.
McJester's Burger Hut plans to expand by opening several new restaurants. The chain operates two types of restaurants: drive-through and full-service. A drive-through restaurant costs $111,000 to construct, requires 7 employees, and has an expected annual revenue of $205,000. A full-service restaurant costs $184,000 to construct, requires 17 employees, and has an expected annual revenue of $565,000. McJester's has $3,250,000 in capital available for expansion. Labor contracts require that they higher no more than 325 employees. Licensing restrictions require that they open no more than 25 new restaurants. Let x be the number of drive-through restaurants and let y be the number of full-service restaurants in this expansion. Let R be the expected annual revenue in dollars resulting from the expansion. McJester's wants to maximize the expected revenue. Set up the linear programming problem. Answer the following questions about this linear programming problem. The question is attached…

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