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The government is auctioning off oil leases at two sites. At each site, 100,000 acres of land are to be auctioned. Cliff Ewing, Blake Barnes and Alexis Pickens are bidding for the oil. Government rules state that no bidder can receive more than 40% of the land being auctioned. Cliff has bid $1000 per acre for site 1 land and $2000 per acre for site 2 land. Blake has bid $900 per acre for site 1 land and $2200 per acre for site 2 land. Alexis has bid @1100 per acre for site 1 land and $1900 per acre for site land.
a) Determine how to maximize the governments revenue with a transportation model.
b) Use Solver Tab to see how changes in the government's rule on 40% of all land being auctioned affect the optimal revenue.
A man buys rs50 shares of a company paying 12% of dividendat premium ofof rs10 find market value of 320 shares and profit%
ABCD is a parallelogram which AB and CD are divides by P and Q. Such that AP:PB=3:2 and CQ:QD=4:1. If PQ and AC are meet at R, show that AR=3/7AC.
you have RM5O,OOO to invest,and two fund that you''d like to invest in.The You-Risk-It Fund yields 14% interest.The Extra-Dull Fund yields 6% interest.Besause of college financial-
A,B,C are natural numbers and are in arithmetic progressions and a+b+c=21.then find the possible values for a,b,c Solution) a+b+c=21 a+c=2b 3b=21 b=7 a can be 1,2,3,4,5,6 c c
what is $6500 jamaican dollars in european money if jamaican $160.13 = 1 european money
what is 5+10
Find the greatest number of 6 digits exactly divisible by 24, 15 and 36. (Ans:999720) Ans: LCM of 24, 15, 36 LCM = 3 × 2 × 2 × 2 × 3 × 5 = 360 Now, the greatest six digit
Find the sum of all natural numbers amongst first one thousand numbers which are neither divisible 2 or by 5 Ans: Sum of all natural numbers in first 1000 integers which ar
two numbers differ by 7 and have a product of 120.what are they ?
A car travels 283 1/km in 4 2/3 hours .How far does it go in 1 hour?
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