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A bakery produces muffins and doughnuts. Let x1 be the number of doughnuts produced and x2 be the number of muffins produced.The profit function for the bakery is expressed by the following equation: profit = 4x1 + 2x2 + 0.3x12 + 0.4x22.The bakery has the capacity to produce 800 units of muffins and doughnuts combined and it takes 30 minutes to produce 100 muffins and 20 minutes to produce 100 doughnuts. There is a total of 4 hours available for baking time. There must be at least 200 units of muffins and at least 200 units of doughnuts produced. Formulate a nonlinear program representing the profit maximization problem for the bakery.
The management of White Industries is considering a new method of assembling its golf cart. The present method requires 42.3 minutes, on the average, to assemble a cart. The mean assembly time for a random sample of 64 carts, using the new method, wa..
Gerald Black of BlackFly Airline has an exclusive contract to run flights of a four-passenger aircraft to a remote mining center. His contract requires him to fly if there are any passengers wanting to make the trip. His fixed costs per day ar..
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The value of our test statistic
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4. A simple random sample of 300 items is selected from a large shipment, and testing reveals that 4% of the sampled items are defective. The supplier claims that no more than 2% of the items in the shipment are defective. Carry out an approp..
Let X1, X2 be two random variables with joint pdf f(x1, x2)=4x1x2, 0
Find the expected value
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What is the variance of the data?"
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