Determining objective function

Assignment Help Mathematics
Reference no: EM13122581

A college cafe receives a profit of $1.25 for each cup of house tea that the sell, $1.40 for each cup of the premium brand, and $1.50 for each cup of their special blend that they sell. Develop an objective that maximizes profit.

Reference no: EM13122581

Questions Cloud

Describing measurable function : Definition of a measurable function: the function f is measurable on the interval [a,b] if for all c in R, the set {x in [a,b] : f(x) >c} is measurable.
Examine this project form the parents perspective : A US multinational is contemplating a production facility in the UK. The production will be sold locally in the UK. The cost of the facility is estimated at $100,000,000 USD. 100% of the project will be financed through parent equity. The US corpo..
Construct the circle graph : A sample of 500 travelers who used the internet to book a trip were asked to which travel website they used. There responses are given in the table below. Use this information to construct a circle graph illustrating the percent of people who gave..
Prepare the journal entry : Prepare the journal entry (or entries) for the issuance of the bonds and warrants for the cash consideration received.
Determining objective function : A college cafe receives a profit of $1.25 for each cup of house tea that the sell, $1.40 for each cup of the premium brand, and $1.50 for each cup of their special blend that they sell.
Points lie on the given line : Which of the following points is on the line defined by the equation, Y = 4X + 2?
What impact might this have on gross margins : What is the difference between the auditor's approach in verifying sales returns and allowances and sales? Why is there a difference?
Does the aicpa code of professional conduct discuss : Does the AICPA Code of Professional Conduct discuss the collegial responsibilities of CPA firms?In your opinion,were representatives of either Ernst & Young or Kenneth Leventhal &Company unprofessional in this regard during their congressional tes..
Determine the basis of the property in determining the gain : Evaluate the pros and cons related to an exclusion of a $250,000 gain for a primary residence and how using this residence as rental property could impact the gain or loss determination for the homeowner taxpayer. Recommend tax planning strategies..

Reviews

Write a Review

Mathematics Questions & Answers

  Use the chi square test to find the listed occupations

Use the chi square test to find the listed occupations

  The bay city police department has eight patrol cars

The solution to Queuing Analysis. The Bay City Police Department has eight patrol cars that are on constant call 24 hours a day. A patrol car requires repairs every 20 days, on average, according to an exponential distribution

  Determine the expected payoff of the game

Determine the expected payoff of the game

  Estimate all the stationary points

Estimate all the stationary points

  Compute standard normal probabilities

Standard normal probabilities. According to an article in The New York Times, 19.3% of New York City adults smoked in 2003. Suppose that a survey is conducted this year.

  Write description of probability

One car is selected at random from the cars with vehicle tags from these cities, What is the probability that this car is from Salem?

  What would be the probability binomial table

Suppose we want to determine the (binomial) probability (p) of getting 5 heads in 15 flips of a 2-sided coin. Using the Binomial table in the appendix of the text, what values of n, x, and p would we use to look up this probability, and what would..

  Solve probabilities problem by quantitative methods

Quantitative Methods- Probabilities Problem. A country road averages 6 potholes per mile. A road crew is sent out to repair the road. Find the following probabilities. Use the appropriate table or software if you want.

  Normal probability- diameter of grapefruits

Normal Probability: Diameter of Grapefruits. The diameters of grapefruits in a certain orchard are normally distributed with a mean of 5.44 inches and a standard deviation of 0.41 inches.

  State at least two hypotheses

State at least two hypotheses you might use, specifically stating the null & alternate hypotheses & the type errors that might occur.

  Instance of probability and statistics in real life

Examples of Probability and Statistics in Real Life, Can you think of situations in the business world or other real life situations where you would need to calculate or estimate probabilities?

  What is the ratio of cranberry juice to apple juice

What is the ratio of cranberry juice to apple juice?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd