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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.
Q. Negative Signs in Fractions? It really doesn't matter where you put a negative sign in a fraction. The following are all the same: The negative sign can go in
A die is thrown repeatedly until a six comes up. What is the sample space for this experiment? HINT ;A= {6} B={1,2,3,4,5,} Ans: The sample space is = {A, BA, BBA, BBBA, BBBBA.
7 3/4-3 5/6=
Metallic spheres of radii 6 centimetre, 8 centimetre and 10 centimetres respectively are melted to form a single solid sphere. Find the radius of the resulting sphere.
the mean and standarddeviation of set a is -x ans s respectively.find the mean and standard deviation of set b
2 times n times n divided by n
A survey was done where a random sample of people 18 and over were asked if they preferred comedies, dramas, or neither. The information gathered was broken down by age group and t
a triangle with side lengths in the ratio 3:4:5 is inscribed in a circle of radius 3.what is the area of the triangle.
develop any two linear equation which are reducible into linear form from our daily life by cross multiplication
rouding each number to the nearest half
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