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Budget Auto produces inexpensive cars. Each car is sold for US$7,900. The raw material in a car costs US$5,000. Both labor time and robot time are needed to produce cars, i.e. they are not substitutes to each other. A worker can do the needed labor on, at most, 100 cars per month; a robot can complete the needed work on, at most, 200 cars per month. The company currently has 4 workers. Each worker receives a monthly salary of US$6,000. It costs US$2,500 to hire a worker and US$1,000 to fire a worker. Hired workers are fully productive during the month they are hired. Robots must be bought at the beginning of month 1 at a cost of US$15,000 per robot, and there is no variable cost for robots during the production process. The demand for car is listed in the data file. At the end of each month, the company incurs a holding cost of US$200 per car.
What is the maximum profit that the company can earn during the next six month?
describe a scenario where you believe a binomial distribution would be appropriate. describe a scenario where you
A poll of 60 students found that 37% were in favor of raising tution to build a new math building. The standard deviation of this poll is 5%. What would be the standard deviation if the sample size were increased from 60 to 253?
evaluate approximately the ratio of the mass of the sun to that of the earth. lunar month 27.3 days, mean radii of the earth's orbit 149000000 km and that of moon's orbit 380000 km.
If her company manufactures 7 types of pain relievers, 3 types of antidepressants, 6 types of allergy medicine, and 2 types of cholesterol medicine, how many different sales portfolios are poosible?
The edge of a cube was found to be 80 cm with a possible error of 0.3 cm. Use differentials to estimate the maximum possible error in the calculated volume of the cube.
starting at point A, a ship sails 48km on a bearing of 226°, then turns and sails 15 km on a bearing of 286°. find the distance of the ship from the point A.
jims nephew owns a triangled plot of land. the perimeter fence that surrounds the land measures 121 feet. shortest
Assuming there is no cost, what is the expression for the cost of the finished stone and identify the different terms in it.
An executive invests $28,000, some at 6% and some at 5% annual interest. If he receives an annual return of $1540, how much is invested at each rate.
the everton college store paid $1688 for an order of 44 calculators the store paid 10 dollars for each scientific calculator the others all graphing calculators cost $58 each how many of each type of calculator was ordered.
The results of a recent study regarding smoking and three types of illness are shown in the following table.
for multiple sclerosis patients we wish to estimate the mean age at which the disease was first diagnosed. we want a 90
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