Finite Mathematics for the Managerial, Life, and Social Sciences
Finite Mathematics for the Managerial, Life, and Social Sciences
12th Edition
ISBN: 9781337405782
Author: Soo T. Tan
Publisher: Cengage Learning
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Unitary Method
The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products.
Speed, Time, and Distance
Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 …
Profit and Loss
The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.
Units and Measurements
Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experime…
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Textbook Question
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Chapter 3.2, Problem 7E

ALLOCATION OF FUNDS Madison Finance has a total of $20 million earmarked for homeowner loans and auto loans. On the average, homeowner loans have a 10% annual rate of return, whereas auto loans yield a 12% annual rate of return. Management has also stipulated that the total amount of homeowner loans should be greater than or equal to 4 times the total amount of automobile loans. Determine the total amount of loans of each type Madison should extend to each category to maximize its returns.

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Chapter 3 Solutions

Finite Mathematics for the Managerial, Life, and Social Sciences

Ch. 3.1 - a. What is the difference between the graph of the...Ch. 3.1 - Prob. 2CQCh. 3.1 - In Exercises 110, find the graphical solution to...Ch. 3.1 - Prob. 2ECh. 3.1 - Prob. 3ECh. 3.1 - In Exercises 110, find the graphical solution to...Ch. 3.1 - In Exercises 110, find the graphical solution to...Ch. 3.1 - In Exercises 110, find the graphical solution to...Ch. 3.1 - In Exercises 110, find the graphical solution to...Ch. 3.1 - In Exercises 110, find the graphical solution to...
Ch. 3.1 - Prob. 9ECh. 3.1 - In Exercises 110, find the graphical solution of...Ch. 3.1 - In Exercises 11-18, write a system of linear...Ch. 3.1 - In Exercises 11-18, write a system of linear...Ch. 3.1 - In Exercises 11-18, write a system of linear...Ch. 3.1 - In Exercises 11-18, write a system of linear...Ch. 3.1 - Prob. 15ECh. 3.1 - Prob. 16ECh. 3.1 - In Exercises 11-18, write a system of linear...Ch. 3.1 - In Exercises 11-18, write a system of linear...Ch. 3.1 - Prob. 19ECh. 3.1 - Prob. 20ECh. 3.1 - Prob. 21ECh. 3.1 - Prob. 22ECh. 3.1 - In Exercises 2340, determine graphically the...Ch. 3.1 - Prob. 24ECh. 3.1 - In Exercises 2340, determine graphically the...Ch. 3.1 - Prob. 26ECh. 3.1 - In Exercises 2340, determine graphically the...Ch. 3.1 - Prob. 28ECh. 3.1 - Prob. 29ECh. 3.1 - In Exercises 2340, determine graphically the...Ch. 3.1 - Prob. 31ECh. 3.1 - Prob. 32ECh. 3.1 - In Exercises , determine graphically the solution...Ch. 3.1 - In Exercises 2340, determine graphically the...Ch. 3.1 - In Exercises 23 - 40, determine graphically the...Ch. 3.1 - Prob. 36ECh. 3.1 - Prob. 37ECh. 3.1 - Prob. 38ECh. 3.1 - Prob. 39ECh. 3.1 - In Exercises 2340, determine graphically the...Ch. 3.1 - CONCERT ATTENDANCE The Peninsula Brass Band will...Ch. 3.1 - MANUFACTURING FERTILIZERSAgro Products makes two...Ch. 3.1 - Investments Louisa has earmarked at most 250,000...Ch. 3.1 - DIET PLANNING A dietitian whishes to plan a meal...Ch. 3.1 - Prob. 45ECh. 3.1 - In Exercises 45-48, determine whether the...Ch. 3.1 - Prob. 47ECh. 3.1 - Prob. 48ECh. 3.2 - What is a Linear programming problem?Ch. 3.2 - Suppose you are asked to formulate a linear...Ch. 3.2 - Prob. 3CQCh. 3.2 - Formulate but do not solve each of the following...Ch. 3.2 - Formulate but do not solve each of the following...Ch. 3.2 - Formulate but do not solve each of the following...Ch. 3.2 - Formulate but do not solve each of the following...Ch. 3.2 - PRODUCTION SCHEDULING A division of the Winston...Ch. 3.2 - PRODUCTION SCHEDULING Refer to Exercise 5. If the...Ch. 3.2 - ALLOCATION OF FUNDS Madison Finance has a total of...Ch. 3.2 - ASSET ALLOCATION A financier plans to invest up to...Ch. 3.2 - ASSET ALLOCATION Justin has decided to invest at...Ch. 3.2 - CROP PLANNING A farmer plans to plant two crops, A...Ch. 3.2 - MINIMIZING MINING COSTS Perth Mining Company...Ch. 3.2 - MINIMIZING CRUISE LINE COSTS Deluxe River Cruises...Ch. 3.2 - PRODUCTION SCHEDULING Acoustical Company...Ch. 3.2 - FERTILIZERS A farmer uses two types of...Ch. 3.2 - MINIMIZING CITY WATER COSTS The water-supply...Ch. 3.2 - PRODUCTION SCHEDULING Ace Novelty manufactures...Ch. 3.2 - DIET PLANNING A nutritionist at the Medical Center...Ch. 3.2 - OPTIMIZING ADVERTISING EXPOSURE Everest Deluxe...Ch. 3.2 - MINIMIZING SNIPPING COSTS TMA manufactures 37-in....Ch. 3.2 - SOCIAL PROGRAMS PLANNING AntiFam a hunger-relief...Ch. 3.2 - MINIMIZING SHIPPING COSTS The Green Company...Ch. 3.2 - Prob. 22ECh. 3.2 - MINIMIZING SHIPPING COSTS Singer Motor Corporation...Ch. 3.2 - OPTIMIZING ADVERTISING EXPOSURE As part of a...Ch. 3.2 - PRODUCTION SCHEDULING Custom Office Furniture...Ch. 3.2 - Prob. 26ECh. 3.2 - ASSET ALLOCATION Ashley has earmarked at most...Ch. 3.2 - Prob. 28ECh. 3.2 - MINIMIZING SHIPPING COSTS Acrosonic of Example 4...Ch. 3.2 - OPTIMIZING PRODUCTION OF COLD FORMULAS Beyer...Ch. 3.2 - OPTIMIZING PRODUCTION OF BLENDED JUICES Caljuice...Ch. 3.2 - MINIMIZING SHIPPING COSTS Steinwelt Piano...Ch. 3.2 - In Exercises 33 and 34, determine whether the...Ch. 3.2 - In Exercises 33 and 34, determine whether the...Ch. 3.3 - a. What is the feasible set associated with the...Ch. 3.3 - Prob. 2CQCh. 3.3 - In Exercises 16, find maximum and/or minimum...Ch. 3.3 - In Exercises 16, find maximum and/or minimum...Ch. 3.3 - In Exercises 16, find maximum and/or minimum...Ch. 3.3 - Prob. 4ECh. 3.3 - Prob. 5ECh. 3.3 - Prob. 6ECh. 3.3 - In Exercises 730, solve each linear programming...Ch. 3.3 - In Exercises 730, solve each linear programming...Ch. 3.3 - In Exercises 730, solve each linear programming...Ch. 3.3 - In Exercises 730, solve each linear programming...Ch. 3.3 - Prob. 11ECh. 3.3 - Prob. 12ECh. 3.3 - In Exercises 730, solve each linear programming...Ch. 3.3 - In Exercises 730, solve each linear programming...Ch. 3.3 - In Exercises 730, solve each linear programming...Ch. 3.3 - Prob. 16ECh. 3.3 - In Exercises 730, solve each linear programming...Ch. 3.3 - In Exercises 730, solve each linear programming...Ch. 3.3 - Prob. 19ECh. 3.3 - Prob. 20ECh. 3.3 - Prob. 21ECh. 3.3 - Prob. 22ECh. 3.3 - In Exercises 730, solve each linear programming...Ch. 3.3 - Prob. 24ECh. 3.3 - Prob. 25ECh. 3.3 - Prob. 26ECh. 3.3 - Prob. 27ECh. 3.3 - Prob. 28ECh. 3.3 - Prob. 29ECh. 3.3 - Prob. 30ECh. 3.3 - The problems in Exercises 31-51 correspond to...Ch. 3.3 - PRODUCTION SCHEDULING National Business machines...Ch. 3.3 - The problems in Exercises 31-51 correspond to...Ch. 3.3 - Prob. 34ECh. 3.3 - Prob. 35ECh. 3.3 - Prob. 36ECh. 3.3 - The problems in Exercises 31-51 correspond to...Ch. 3.3 - The problems in Exercises 31-51 correspond to...Ch. 3.3 - Prob. 39ECh. 3.3 - Prob. 40ECh. 3.3 - Prob. 41ECh. 3.3 - The problems in Exercises 31-51 correspond to...Ch. 3.3 - Prob. 43ECh. 3.3 - Prob. 44ECh. 3.3 - The problems in Exercises 31-51 correspond to...Ch. 3.3 - The problems in Exercises 31-51 correspond to...Ch. 3.3 - Prob. 47ECh. 3.3 - Prob. 48ECh. 3.3 - MINIMIZING SHIPPING COSTS TMA manufactures 37-in....Ch. 3.3 - The problems in Exercises 31-51 correspond to...Ch. 3.3 - The problems in Exercises 31-51 correspond to...Ch. 3.3 - TRANSPORTATION Complete the solution to Example 3,...Ch. 3.3 - MAXIMIZING INVESTMENT RETURNS Patricia has at most...Ch. 3.3 - VETERINARY SCIENCE A veterinarian has been asked...Ch. 3.3 - Prob. 55ECh. 3.3 - PRODUCTION SCHEDULING Bata Aerobics manufactures...Ch. 3.3 - Prob. 57ECh. 3.3 - Prob. 58ECh. 3.3 - Prob. 59ECh. 3.3 - Prob. 60ECh. 3.3 - Prob. 61ECh. 3.3 - Prob. 62ECh. 3.3 - Prob. 63ECh. 3.3 - Prob. 64ECh. 3.4 - Suppose P=3x+4y is the objective function in a...Ch. 3.4 - Prob. 2CQCh. 3.4 - Prob. 3CQCh. 3.4 - Prob. 1ECh. 3.4 - Prob. 2ECh. 3.4 - Prob. 3ECh. 3.4 - SHADOW PRICES Refer to Example 2. a. Find the...Ch. 3.4 - Prob. 5ECh. 3.4 - Prob. 6ECh. 3.4 - Prob. 7ECh. 3.4 - Prob. 8ECh. 3.4 - Prob. 9ECh. 3.4 - Prob. 10ECh. 3.4 - Prob. 11ECh. 3.4 - Prob. 12ECh. 3.4 - MINIMIZING COSTS Perth Mining Company operates two...Ch. 3.4 - MINIMIZING CRUISE LINE COSTS Deluxe River Cruises...Ch. 3.4 - PRODUCTION SCHEDULING Soundex produces two models...Ch. 3.4 - Prob. 16ECh. 3.4 - PRODUCTION SCHEDULING Kane Manufacturing has a...Ch. 3.4 - Prob. 18ECh. 3.CRQ - Fill in the blanks. a. The solution set of the...Ch. 3.CRQ - Prob. 2CRQCh. 3.CRQ - Fill in the blanks. A linear programming problem...Ch. 3.CRQ - Prob. 4CRQCh. 3.CRQ - Fill in the blanks. In sensitivity analysis, we...Ch. 3.CRQ - Prob. 6CRQCh. 3.CRE - In Exercise 1 and 2, find the optimal value s of...Ch. 3.CRE - In Exercise 1 and 2, find the optimal value s of...Ch. 3.CRE - In Exercises 314, use the method of corners to...Ch. 3.CRE - In Exercises 314, use the method of corners to...Ch. 3.CRE - In Exercise 3-14, use the method of corner to...Ch. 3.CRE - In Exercise 3-14, use the method of corners to...Ch. 3.CRE - In Exercise 3-14, use the method of corner to...Ch. 3.CRE - In Exercise 3-14, use the method of corner to...Ch. 3.CRE - In Exercise 3-14, use the method of corner to...Ch. 3.CRE - In Exercise 3-14, use the method of corner to...Ch. 3.CRE - In Exercise 3-14, use the method of corner to...Ch. 3.CRE - In Exercise 3-14, use the method of corner to...Ch. 3.CRE - In Exercise 3-14, use the method of corner to...Ch. 3.CRE - In Exercise 3-14, use the method of corner to...Ch. 3.CRE - FINANCIALANALYSIS An investor has decided to...Ch. 3.CRE - PRODUCTION SCHEDULING Soundex produces two model...Ch. 3.CRE - PRODUCTION SCHEDULING Kane Manufacturing has a...Ch. 3.CRE - MINIMIZING SHIPPING COSTS A manufacturer of...Ch. 3.BMO - Prob. 1BMOCh. 3.BMO - Prob. 2BMOCh. 3.BMO - Prob. 3BMOCh. 3.BMO - Prob. 4BMOCh. 3.BMO - Prob. 5BMO
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