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A company that has a two-year contract to haul ore from an open-pit mine to loading docks for shipping needs 200 additional trucks. Purchased trucks have a useful life of two years and a purchase cost of $140,000 each. The company can lease trucks for $80,000 per year (paid at the beginning of the year). Purchased trucks will be purchased only at the beginning of the two-year period and have no salvage value at the end of two years. The mining company has $8 million cash available to lease and/or buy trucks at the beginning of year 1. In addition, the company can obtain a loan each year for as mush as $20 million at 12% interest per year. The loan agreement requires that the company repay the borrowed amount plus interest at the end of each year. Each truck will earn $120,000 per year, which will become part of the cash flow of funds available to the company for truck leasing and loan repayment. The company wants to minimize the total cost of the trucks over the two-year period. Formulate a linear programming model for this problem. (Do not attempt to solve.)
how can solve that Consider the LCG defined by m = 16, a = 5, c = 3, and Z0 = 7. Compute until Z19 and verify that when i = 16, the exact the same order will show up. Show all results in a table.
Illustrate the role of supply-chain management in the global movement of goods from one country to another, and explain its overall impact on local trade. Support your answer with examples of such an impact in action.
1. Solve the following linear programming problem using the corner point method:
Compare and contrast internal and external validity. Describe and give examples of research questions for which external validity is a primary concern.
For ordered pairs of real numbers ( a, b ) and ( c, d ), what drawbacks are there to de?ning multiplication of complex numbers by ( a, b )( c, d )= ( ac, bd )?
Make a table (no not that type of table, the other type) that summarizes the above information. Write down the optimization equation and the constraint equations and label them as such. Make sure your write down all of the constraint equations. T..
Now, use the model you developed to find the total balance after 5 years if a person starts with an initial deposit of $500 on the first day of a given month and deposits $100 on the first day of every subsequent month.
How would you select appropriate statistical tests to analyze research data? What aspects of research questions or data types are relevant considerations in choosing your tests?
General Electric Corporation and Tyco International are both classified as "conglomerates" (having many diversified business lines). General Electric has pursued a conservative growth strategy by focusing on being the number one or number two in e..
The following table of grades definition is taken from a Students' handbook and it defines the scale of the final grades in a Post Graduate program.
1. Use the field axioms and their consequences to prove the following properties of real numbers. Your proofs should be careful and complete, with only one axiom, theorem, or other justification per step.
Interpret the null hypothesis using your t-statistic. Interpret the null hypothesis using p-value. Interpret your confidence interval and test the null hypothesis using confidence interval.
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