Use a graphing calculator or a computer program for the simplex method to solve this linear programming problem.X₁X2X3X4S1$200.375 .62510.75.5.37501.25 .1250- 105 - 75 - 6500- 550 50006202700and X4The optimal solution x₁ =₁ x₂ =x3 =produces the maximum value(Do not round until the final answer. Then round to the nearest integer as needed.)=

Answered: Use a graphing calculator or a computer…

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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Investment A woman invests $360,000 in three different mutual funds. One averages 12% per year,and another averages 16% per year. A third fundaverages 8% per year, and because it has much lessrisk, she invests twice as much in it as in the sum ofthe other two funds. To realize an annual return of$35,200, how much should she invest in each fund?
Consider the following system of taxation, which has been labelled degressive. The first $30,000 of income is not taxed. Afer that all income is assessed at 20 percent ap summarizes this tax system: Income Range 0-$30,000 > $30,000 Marginal Tax Rate 0% 25% a. What is the marginal tax rate on $3000 of taxable income? 0% $10,000? 0% $100,000? 25% b. What is the average tax rate on $3000? 000 % $10 000? 00 % $100 000? 17.500% c. What is the maximum average tax rate? 25%
As with any financial instrument, the price of a bond is just the present value of the future cash flows. What is the price of a bond with semiannual coupon payments and the following characteristics? Coupon rate: Years to maturity: Yield to maturity: Par value: $ 6.00% 15 8.00% 1,000 Since the bond has semiannual payments, the coupon payments will be: Coupon payments: Now we can find the present value of the coupon payments, the present value of par, and the bond price, which are: Present value of coupon payments: Present value of par: Bond price: Of course, we could have entered the coupon payments and par value in the same PV function, making sure that both were negative. This would give us: Bond price: Practice 7.2 Find Bond Valuation Using the Price Function What is the price of a bond with the following characteristics? Years to maturity 5 Settlement date: 1/1/2000 Maturity date: 1/1/2005 Annual coupon rate: 9.00% Yield to maturity: 7.50% Face value (% of par): 100 Coupons per…
2 Vidhya Balan is planning to liquidate her investments inmutual funds and invest in real estate. Before makingthe change to her investment strategy, Vidhya wants toforecast the price of mutual funds for the next 2 months.She has collected the following data on the average fundprices for the past 10 months.Month Average Fund Price1 55.12 53.83 53.44 52.955 52.156 52.757 52.658 51.59 52.2510 51.7a Using a five-period moving average, forecast theaverage fund price for Period 11.b. Using exponential smoothing with α = 0.3 forecastthe average fund price for Period 11. Assume an initialforecast for Month 2 (F2) as 55.10
with the information given draw a graph, On the x-axis, you would have the number of units sold (from 0 to 800,000 in increments of 100, 000) and on the y-axis, you would have the dollar amount (from 0 to $3,200,000 in increments of $ 400,000). Draw a line from the origin with a slope equal to the variable cost per unit ($2.5) to represent total variable costs. Draw a horizontal line at $600,000 to represent total fixed costs. The sum of these two lines gives the total cost line. Draw another line from the origin with a slope equal to the selling price per unit ($4) to represent total sales. The point where the total sales line intersects the total cost line
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In preparing for the upcoming holiday season, Fresh Toy Company (FTC) designed a new doll called The Dougie that teaches children how to dance. The fixed cost to produce the doll is $100,000. The variable cost, which includes material, labor, and shipping costs, is $29 per doll. During the holiday selling season, FTC will sell the dolls for $37 each. If FTC overproduces the dolls, the excess dolls will be sold in January through a distributor who has agreed to pay FTC $10 per doll. Demand for new toys during the holiday selling season is extremely uncertain. Forecasts are for expected sales of 60,000 dolls with a standard deviation of 15,000. The normal probability distribution is assumed to be a good description of the demand. FTC has tentatively decided to produce 60,000 units (the same as average demand), but it wants to conduct an analysis regarding this production quantity before finalizing the decision. (a) Determine the equation for computing FTC's profit for given values of the…
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