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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.
Suppose that we know the logarithms of all numbers which are expressed to base 'a' and we are required to find the logarithms of all these numbers to base 'b'. We
Example determines the first four derivatives for following. y = cos x Solution: Again, let's just do so
Extreme Value Theorem : Assume that f ( x ) is continuous on the interval [a,b] then there are two numbers a ≤ c, d ≤ b so that f (c ) is an absolute maximum for the function and
if 500kg of food lasts 40 days for 30 men.how many men will consume 675kg of food in 45 days.
If tanA+sinA=m and tanA-sinA=n, show that m 2 -n 2 = 4√mn Ans: TanA + SinA = m TanA - SinA = n. m 2 -n 2 =4√mn . m 2 -n 2 = (TanA + SinA) 2 -(TanA - SinA) 2
Let E; F be 2 points in the plane, EF has length 1, and let N be a continuous curve from E to F. A chord of N is a straight line joining 2 points on N. Prove if 0 and N has no cho
Example: Joanne is given a four-question multiple-choice quiz. She hasnt studied the material to be quizzed, so she decides to answer the questions by randomly guessing the answe
We here move to one of the major applications of differential equations both into this class and in general. Modeling is the process of writing a differential equation to explain a
Simplify following and write the answers with only positive exponents. (-10 z 2 y -4 ) 2 ( z 3 y ) -5 Solution (-10 z 2 y -4 ) 2 ( z 3 y ) -5
FIND PRODUCT (-41)*(102)
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