Consider the isolated Swiss town of Andelfingen, inhabited by 1200 families. Each family takes a weekly shopping trip to the only grocery store in town, run by Mr. And Mrs. Wipf, until the day when a new, fancier (and cheaper) chain store, Migros, opens its doors. It is not expected that everybody will immediately run to the new store, but we do anticipate that 20% of those shopping at Wipf's each week switch to Migros the following week. Some people who do switch miss the personal service (and the gossip) and switch back. We expect that 10% of those shopping at Migros each week go to Wipf's the following week. The state of this town (as far as grocery shopping is concerned) can be represented by the vector x( m(t) where w(t) and m(t) are the numbers of families shopping at Wipf's and at Migros, respectively, t weeks after Migros opens. Suppose w(0) = 1200 and m(0) = 0. A. Find a 2 x 2 matrix A such that x(t + 1) = Ax(t). B. How many families will shop at each store after t weeks? Give closed formulas. C. The Wipfs expect that they must close down when they have fewer than 250 customers a week. When does that happen?

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section11.5: Interpreting Data
Problem 1C
icon
Related questions
Question

Show all your work

Consider the isolated Swiss town of Andelfingen, inhabited by 1200 families.
Each family takes a weekly shopping trip to the only grocery store in town,
run by Mr. And Mrs. Wipf, until the day when a new, fancier (and cheaper)
chain store, Migros, opens its doors. It is not expected that everybody will
immediately run to the new store, but we do anticipate that 20% of those
shopping at Wipf's each week switch to Migros the following week. Some
people who do switch miss the personal service (and the gossip) and switch
back. We expect that 10% of those shopping at Migros each week go to
Wipf's the following week. The state of this town (as far as grocery shopping
is concerned) can be represented by the vector
w(t)
m(t)
x(t)
where w(t) and m(t) are the numbers of families shopping at Wipf's and at
Migros, respectively, t weeks after Migros opens. Suppose w(0) = 1200
and m(0) = 0.
A. Find a 2 x 2 matrix A such that x(t + 1) = Ax(t).
B. How many families will shop at each store after t weeks? Give closed
formulas.
C. The Wipfs expect that they must close down when they have fewer than
250 customers a week. When does that happen?
Transcribed Image Text:Consider the isolated Swiss town of Andelfingen, inhabited by 1200 families. Each family takes a weekly shopping trip to the only grocery store in town, run by Mr. And Mrs. Wipf, until the day when a new, fancier (and cheaper) chain store, Migros, opens its doors. It is not expected that everybody will immediately run to the new store, but we do anticipate that 20% of those shopping at Wipf's each week switch to Migros the following week. Some people who do switch miss the personal service (and the gossip) and switch back. We expect that 10% of those shopping at Migros each week go to Wipf's the following week. The state of this town (as far as grocery shopping is concerned) can be represented by the vector w(t) m(t) x(t) where w(t) and m(t) are the numbers of families shopping at Wipf's and at Migros, respectively, t weeks after Migros opens. Suppose w(0) = 1200 and m(0) = 0. A. Find a 2 x 2 matrix A such that x(t + 1) = Ax(t). B. How many families will shop at each store after t weeks? Give closed formulas. C. The Wipfs expect that they must close down when they have fewer than 250 customers a week. When does that happen?
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 4 steps with 4 images

Blurred answer
Similar questions
Recommended textbooks for you
Holt Mcdougal Larson Pre-algebra: Student Edition…
Holt Mcdougal Larson Pre-algebra: Student Edition…
Algebra
ISBN:
9780547587776
Author:
HOLT MCDOUGAL
Publisher:
HOLT MCDOUGAL

Expert Answers to Latest Homework Questions

Q: Determine the design strength of the beam shown. Use f ‘c = 3,000 lbf/in2, fy = 40,000 lbf/in2.
Q: 6:24 1 myopenmath.com ... In 2011, a U.S. Census report determined that 52% of college students are…
Q: A hospital recruiting company for doctors is conducting a study to determine whether the average…
Q: As modified by Civil Code § 2079, the Easton duty of a broker or real estate agent now requires:…
Q: Gerber Product's Gerber Multigrain Cereal contains, in each serving, 60 calories and 11 grams of…
Q: o Four amino acids are shown. COO Macmillan Learnin COO COO COO CH2 -NH3 H3N- H H -NH3 H3N- -H CH…
Q: Global Enterprises has just signed a $3 million (nominal value) contract. The contract calls for a…
Q: Design the cantilever rectangular reinforced beam shown in the figure. Provide a maximum of #8…
Q: You own a hamburger franchise and are planning to shut down operations for the day, but you are left…
Q: Determine the intensity of the external dead load D? the reinforced concrete beam shown in the…
Q: Which of the following statements would not be actionable as “puffing”? Group of answer choices…
Q: You wish to accumulate $100,000 through monthly payments of $400. If you can earn interest at an…
Q: You have a $8,000 credit card debt, and you plan to pay it off through monthly payments of $200. If…
Q: Suppose a recent college graduate's first job allows her to deposit $100 at the end of each month in…
Q: Determine the periodic payments PMT on the given loan or mortgage. (Round your answer to the nearest…
Q: A water storage tank is in the shape of a hemisphere (half a sphere). If the radius is 23 ft,…
Q: Under Proposition 13, how much can the appraised value of a parcel of property, for tax purposes, be…
Q: When Maria Acosta bought a car  2 1/2  years ago,  she borrowed $11,000 for 48 months at 7.8%…
Q: The problem describes a debt to be amortized. (Round your answers to the nearest cent.)A man buys a…
Q: Find the area of the given triangle. Round your answer to the nearest tenth. Do not round any…
Q: Mechanic’s liens can be obtained by all of the following except: Group of answer choices a…