Find what is the total cost

Assignment Help Mathematics
Reference no: EM13123578

Maximizing Purchases & Minimizing Costs

You need to purchase a combination of three items, item x ($50 ea), item y ($150 ea), and item z ($100 ea). The purchased collection of items must meet the following constraint

5x + 5y + 5z >= 2,500

5x + 10y + 15z >= 3,500

3x - y + 3z <= 0

x, y, and z >=0

(a) How many of each should you purchase to minimize the total cost?

(b) What is the total cost?

(c) What is the sensitivity of this outcome to cost?

Reference no: EM13123578

Questions Cloud

What sort of ongoing training should take place : What are some of the most common costs incurred associated with an audit engagement? Which costs could be better controlled? Why?
What is its vapour pressure : A liquid has a H vaporization of 35.5kJ/mol and a boiling point 0f 122 degrees celcius at 1.00 atm.What is its vapour pressure at 109 degrees celcius.
Parabola and tangent lines : The parabola y= x^2+4 has two tangents which pass through the point (0,-2). One is tangent to the parabola at (a, a^2+4) and the other at (-a, a^2+4) where a is a certain positive number. The question is a=?
Actual revenues reported in the income statement : Assume you are reviewing a company's annual report. In addition to actual revenues reported in the income statement, what other information disclosed would give you help in estimating this company's future revenues?
Find what is the total cost : How many of each should you purchase to minimize the total cost? (b) What is the total cost?
What sort of ongoing training should take place : What are some of the most common costs incurred associated with an audit engagement? Which costs could be better controlled? Why?
Application of rolle theorem-intercepts : If the graph of a function has three x intercepts, then it must have at least two points at whch its tangent line is horizontal. If f'(x) = 0 for all x in the domain of f, then f is a constant function.
Find out the price of the bonds : he market rate of interest 12%. The interest is paid on June 30 and December 31. Find out the price of the bonds at January 1, 2010. Prepare the journal entry to record the issuance by Carla Industries on Jan 1, 2010
Use histogram to find how many points are out of control : Use the histogram to determine how many points are out of control according to the upper control limit and lower control limit.

Reviews

Write a Review

Mathematics Questions & Answers

  Find the derivative using logarithmic differentiation

Find the derivative using logarithmic differentiation

  Information about discontinuous functions

Find the values of f(x) at which each of the following functions is discontinuous. Why is the function discontinuous at that value?

  Compute dice probabilities solution set

Compute Dice Probabilities Solution Set, I roll two dice. Work out what the probability of achieving a 5 on either die

  Augmented matrices to solve the word problem

Augmented matrices to solve the word problem

  Solving problems conditional probability

Solving problems conditional probability

  Find the probability of selected degree

Find the probability that a randomly selected degree is not in Business & is not in Engineering?

  What is the significance of the vertical asymptote

Graph the function and answer the question using graph - What is the significance of the vertical asymptote (what does it mean in this context)?

  Explaining curves and graphs

Describe in words the graph of each of these curves below. Include in your description the shape, along with other possible relevant information such as length, width, and center points.

  Explain probability and statistical methods

Probability and Statistical Methods. A manufacturing intraocular lens is in a process of verifying a polishing machine. The polisher will be accepted only if the percentage of polished lenses containing surface defects does not exceed 1.5%

  Probability- distribution and expected value

Probability : Distribution and Expected Value, A large sports conference moved to have women compose at least 40% of its athletics within 5 years

  Build an equation for a hyperboloid of two sheets

A function y = f(x) whose graph in the xy-plane, when rotated around the x-axis

  Description of intermediate value theorem

Prove that if f is a differentiable function with f´(x) > 1 for all x, then there is at most one c such that f(c) = c. [Use the Mean Value Theorem]

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