Answered step by step
Verified Expert Solution
Question
1 Approved Answer
can you answer the 5 questions with the steps Question 1 Marked out of 2.00 A second hand car dealer has 7 cars for sale.
can you answer the 5 questions with the steps
Question 1 Marked out of 2.00 A second hand car dealer has 7 cars for sale. She decides to investigate the link between the age of the cars, x years, and the mileage, y thousand miles. The date collected from the cars is shown in the table below. Calculate the b value in the form y=a+bx a. (0.4) b. 2.1 c. 10 d. 23 Question 2 Not yet answered Marked out of 2.00 Mohamed is a financial advisor who has recommended two possible mutual funds for investment: Fund A and Fund B. The return that will be achieved by each of these depends on whether the economy is good, fair, or poor. A payoff table has been constructed to illustrate this situation: What decisions would be made the minimum EOL criterion? a. Fund A b. Fund B c. No investment d. Fund A \& B Marked out of 2.00 Each coffee table produced by Robert West Designers nets the firm a profit of $9. Each bookcase yields a $12 profit. West's firm is small and its resources limited. During any given production period, 10 gallons of varnish and 12 lengths of high-quality redwood are available. Each coffee table requires approximately 1 gallon of varnish and 1 length of redwood. Each bookcase takes 1 gallon of varnish and 2 lengths of wood. Formulate West's production-mix decision as a linear programming problem, and solve. How many tables and bookcases should be produced each week? What will the maximum profit be? Use: x= number of coffee tables to be produced y= number of bookcases to be produced Which objective function best represents the problem? a. P=9X+12Y b. P=X+2Y c. P=10X+12Y d. P=X+Y Marked out of 2.00 Consulting income at Kate Walsh Associates for the period February-June has been as follows: Use exponential smoothing to forecast July income. The smoothing constant selected is a= 0.2 a. 146 b. 148 c. 125 d. 130 Marked out of 2.00 A second hand car dealer has 7 cars for sale. She decides to investigate the link between the age of the cars, x years, and the mileage, y thousand miles. The date collected from the cars is shown in the table below. Calculate the a value in the form y=a+bx a. 10 b. 43 c. 23 d. 36 Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started