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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.
Solve the following equestions i.2x-8=8 ii.3x+2/5=4 iii.8/3x-2=2 iv.0.6x-5=7
AskIf y=e^(a?sin?^(-1) x), prove that (1 – x2)yn+2 – (2n + 1)xyn+1 – (n2 + a2)yn = 0. Hence find the value of yn when x = 0. question #Minimum 100 words accepted#
what is vector space
Savannah''s mom made a fruit smoothie that tasted so good. She put in one-fourth of a cup of diced apples, one-fifth of a cup of sliced oranges, along with half of a cup of yogurt
Your bank has a loan outstanding with a current balance of $1,000,000 that is payable in quarterly equal instalments of $49,924. This loan has another 6 years to maturity. The bo
Find the x and y intercepts for the following equations: 3y=3x -y=-x-4 2x+3y=6 y=5
Launching a new product (Blackberry Cube) Analysis (target market) Product features Promotions and advertisement sample design (location)
A bricklayer estimates that he requires 6.5 bricks per square foot. He needs to lay a patio that will be 110 square feet. How many bricks will he required? Multiply 6.5 by 110;
discuss the infinite series
Ryan's gym membership costs him $390 per year. He pays this within twelve equal installments a year. How much is every installment? To ?nd out each installment, the total yearl
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