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Explain the following terms: optimization, objective function, optimal solution, constraint, constraint function, feasible solution, and binding constraint
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For each of the following describe: 1. The direction of the relationship 2. The strength of the relationship 3. A verbal description of the relationship between the variables. r = -.96 between the craving for Taco Bell a ...
Your client wants to buy a business that provides financial advice to local small businesses. The firm generated $650,000 in cash flows during the previous year, and the discount rate to value firms in this sector is 11% ...
A musical instruments retailer has 10,000 point-of-sale transactions out of which 1500 sales included both items of electric guitars and guitar cases, and out of which 750 had sales of new strings. If the electric guitar ...
1) Is the magnitude of an earthquake related to the depth below the surface at which the quake occurs? Let x be the magnitude of an earthquake (on the Richter scale), and let y be the depth (in kilometers) of the qua ...
A cupcake stand has 40 chocolate, 30 coconut and 20 banana cupcakes. Alice chooses 20 cupcakes at random to make a box as a present for her friend. What is the probability that she chose a. Eight banana and 6 coconut cup ...
Zero-coupon bonds with a par value of $1,000,000 have a maturity of 10 years and a required rate of return of 9 percent. What is the current price?
A puck company wants to sponsor the players with the 20% quickest goals in hockey games. The times of first goals are normally distributed with a mean of 8.54 minutes and a standard deviation of 4.91 minutes. How fast wo ...
Name some marketing techniques and styles that you have encountered that demonstrate many of the strongpoints we learned in this course.
Dr. Garcia has a dream to complete a Ironman triathlon. The race consists of a 2.4 mile swim, a 112 mile bike ride, and a marathon run of 26.2 miles. In training, Dr. Garcia estimates that he can swim at an average pace ...
1. A fencer attends a fencing tournament. To ensure the equipment works well, he takes three blades. Two of them will be the backup. The probability of his three blades to function properly are 0.95, 0.8, 0.7 respectivel ...
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