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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.
In a right triangle ABC, right angled at C, P and Q are points of the sides CA and CB respectively, which divide these sides in the ratio 2: 1. Prove that 9AQ 2 = 9AC 2 +4BC 2
Draw a graph which has slope of a line with rise of five and run of two is positive.
A company is setting up an assembly line to produce 100 units/hour. The table shown below identifies the work elements, times, and immediate predecessors. a) What cycle tim
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Adding Equally Sized Groups: Once children have had enough practice of making groups of equal size, you can ask them to add some of these equal groups. They can now begin to atte
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If A, B and P are the points (-4, 3), (0, -2) and (α,β) respectively and P is equidistant from A and B, show that 8α - 10β + 21= 0. Ans : AP = PB ⇒ AP 2 = PB 2 (∝ + 4) 2
a cheeseburger cost $6.39 more than a burger of $2.29, what is the difference?
Compare and contrast the Conquest of Mexico and the Conquest of Peru in the 16 th century. How did the structures of the indigenous empires in these two regions differ? What impact
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