Essentials of Business Analytics (MindTap Course List)
2nd Edition
ISBN: 9781305627734
Author: Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Publisher: Cengage Learning
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Textbook Question
Chapter 12, Problem 3P
Spencer Enterprises is attempting to choose among a series of new investment alternatives. The potential investment alternatives, the net present value of the future stream of returns, the capital requirements, and the available capital funds over the next three years are summarized as follows:
- a. Develop and solve an integer programming model for maximizing the net present value.
- b. Assume that only one of the warehouse expansion projects can be implemented. Modify your model from part (a).
- c. Suppose that if test marketing of the new product is carried out, the advertising campaign also must be conducted. Modify your formulation from part (b) to reflect this new situation.
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21. ANALYSIS OF LAST DIGITS Heights of statistics students were obtained by the author as
part of an experiment conducted for class. The last digits of those heights are listed below.
Construct a frequency distribution with 10 classes. Based on the distribution, do the
heights appear to be reported or actually measured? Does there appear to be a gap in the
frequencies and, if so, how might that gap be explained? What do you know about the
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3 4
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0 0 0 0 0 0 0 0 0 1 1 23 3
5 5 5 5 5 5 5 5 5 5 5 5 6 6 8 8 8 9
A side view of a recycling bin lid is diagramed below where two panels come together at a right angle.
45 in
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1 No.
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3
4
Binomial Prob.
X
n
P
Answer
5
6 4
7
8
9
10
12345678
8
3
4
2
2552
10
0.7
0.233
0.3
0.132
7
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0.290
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0.053
150
1000
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7
10
0.7
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11
9
3
5
0.3
0.132
12
10
4
7
0.6
0.290
13
Poisson Probability
14
X
lambda
Answer
18 4
19
20
21
22
23 9
15
16
17 3
1234567829
3
2
0.180
2
1.5
0.251
12
10
0.095
5
3
0.101
7
4
0.060
3
2
0.180
2
1.5
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Chapter 12 Solutions
Essentials of Business Analytics (MindTap Course List)
Ch. 12 - STAR Co. provides paper to smaller companies with...Ch. 12 - The following questions refer to a capital...Ch. 12 - Spencer Enterprises is attempting to choose among...Ch. 12 - Hawkins Manufacturing Company produces connecting...Ch. 12 - Grave City is considering the relocation of...Ch. 12 - Hart Manufacturing makes three products. Each...Ch. 12 - Galaxy Cloud Services operates several data...Ch. 12 - East Coast Trucking provides service from Boston...
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