I just need the dual of the problem and an economic interpretation of it
Q: In what ways does Unilever's focus on sustainability (see Illustration Capsule 9.4), in the…
A: Sustainability: It defines the fulfilment of needs of the present without risking the needs or…
Q: When companies acquire resources (in the form of expenses), they can either be reported as an asset…
A: 1. Tangible assets are defined as assets which are tangible in nature and are helpful in the…
Q: tittle : CURRENT ISSUES IN MANAGEMENT ACCOUNTING “SUSTAINABILITY AND THE MANAGEMENT ACCOUNTING VALUE…
A: The management accountants assume essential parts in representing maintainable advancement in the…
Q: When forming the objectives and constraints part of the IPS, a portfolio manager must consider…
A: An investment policy statement (IPS) is a communication instrument or document allowing clients and…
Q: Explain how economic growth affects the valuation of a stock. How are the interest rate, the…
A: "Since you have asked multiple questions we will solve the first question for you. If you want any…
Q: company should diversify into multiple businesses only if ______ 1.economies of scope exist 2.the…
A: ans: companies can diversify their business by acquistions, mergers, creating a new product line or…
Q: yield management is given in a limited capacity and the process of allocating it to customers at the…
A: Talking about the yield management thwn, it will hwlp the organisation in generating maximum revenue…
Q: In recent years, firms to maintain and increase their profits, have been focusing mainly on cutting…
A: The business environment affects the functioning of organizations and because of this reason, there…
Q: In the Keynesian cross model, assume that the consumption function is given by: C = 100 + 0.7(Y – T)…
A: Keynesian cross model for consumption function C = 100 + 0.7(Y – T) AE or Y = Actual Expenditure PE…
Q: The Ghana Integrated Financial 1) 1) 1) 1)Management Information System (GIFMIS) was developed based…
A: The Ghana Integrated Financial Management Information System (GIFMIS) interfaces with a number of…
Q: Background Allan and Dorraine have been happily married for just over ten (10) years. They met…
A: Case Summary: Individual A and Individual D are planning to start a new business venture. They know…
Q: Explain the principles behind lifecycle costing and briefly state why Fisher in particular should…
A: Life cycle costing is a multi-disciplinary movement. An expert, engaged with life cycle costing,…
Q: Discuss four implications (one each for the laws explained in 1) on the financial management of…
A: LAWS THAT REGULATE THE HEATHCARE INDUSTRY IN GHANA- 1. Ghana health services and teaching hospitals…
Q: A number of methods are available for deriving an optimal policy. What are they?
A: An optimal policy, is an approach which is pretty much as great as or better than the wide range of…
Q: What problem will diversifying the company will solve 3. What kinds of quantitative and qualitative…
A: There are various strategies that are being used by organizations these days so that they may gain a…
Q: As an entrepreneur, you wanted to launch a new burger shop in Bangladesh. So, at first, you need to…
A: Comprehensive Feasibility analysis is designed to assess if the business is viable. It shows if the…
Q: 1. A financial gain, especially the difference between the amount earned and the amount spent in…
A: Since you have asked multiple questions, we will solve the first three sub-parts of the question for…
Q: The definition of Finance department is "Finance department deals with the strategic financial…
A: We can say that where Corporate social responsibility (CSR) can be simply and broadly defined as the…
Q: ely to benefit from linear programmi
A: Applications of linear programming include production planning, transportation planning, and…
Q: A Rhino cement company owns two production plants. Plant 1 costs 20977 per day to operate, and it…
A: Find the Given details below: Given details: Plant 1 Plant 2 Requirement High-Grade Cement…
Q: Given the following payoff table with the profits ($m), a firm might expect alternative investments…
A: Since you have submitted a question with multiple subparts, we have answered the first three…
Q: What are the take-aways from the squash example?
A: Take-aways are the key point or facts that need to be remembered from the discussion.
Q: Below is a list of domestic output and national income figures for a certain year. All figures are…
A: disclaimer: too many questions were asked. GDP can be found by two methods which are the income…
Q: The standard neo-classical assumption is that a business strives to maximize profits. Profit…
A: NOTE: SINCE YOU HAVE POSTED A QUESTION WITH MULTIPLE SUB-PARTS, WE WILL SOLVE THE FIRST THREE…
Q: 1. You are starting a business selling ferrets. • You need a pen and supplies which will cost you…
A: Given Information: Pen and supplies cost = $ 100 Cost of each ferret = $ 10 Selling price of each…
Q: Further, by applying relevant managerial principles (which you should mention here) to surmount this…
A: Managerial Principles Principles of the managers are basic principles, which can be utilized to lead…
Q: Provide a conclusion for the following... DESCRIBE HOW EFFECTIVE AGRIBUSINESS MANAGERS LEVERAGE…
A: Managerial tasks in agribusiness are diverse, ranging from buying inputs for the next year to…
Q: Who or what is noted for the development of a popular and effective model of competitive forces and…
A: The five forces model of the competitive advantage is the model used by the organizations or…
Q: In the national income accounts: choose the correct answer (a) Total spending is always equal to…
A: In the national income accounts: National income measures the value in monetary terms to the flow…
Q: The following impacts product quality on corporate performance EXCEPT_____. a. product quality is…
A: Quality is an important aspect for firms in which the firms put a lot of effort to improve their…
Q: The common stock of BNB paid $1.32 in dividends last year. Dividends are expected to grow at an 8%…
A:
Q: Explain the meaning of E,S and G in the term ESG investing. Why are these important for an investor…
A: Here are multiple questions asked but we are advised by team Bartleby to answer only single…
Q: As state governments have struggled with economic challenges over the past few years, elected…
A: Economic challenges are numerous and can be at any level; city, region, state or national. The…
Q: A company should diversify into multiple businesses only if ______ economies of scope exist the…
A: Diversification happens when a business fosters another item or ventures into another market.…
Q: Assume that you recently graduated and have just reported to work as an investment advisor at the…
A: Corporation- A corporation is a legally distinct and separate entity from its founders. Corporations…
Q: What does it mean for a real estate market to be “segmented,” and why do we observe it? Do we expect…
A: Real estate refers to the land as well as any permanent improvements, whether man-made or natural,…
I figured out the dual but still need an economic interpretation please.
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- What combination of x and y will yield the optimum for this problem? Maximize $10x + $4y, subject to (1) 5x + 3y ≤ 15 and (2) 3x + 6y ≤ 18 and (3) x, y ≥ 0.A goldsmith makes two types of jewelry. A model A ring is made with 1 g of gold and 1.5 g of silver and sells for 25 UM.Another model B ring sells for 30 UM and is made of 1.5 g of gold and 1 g of silver. If you only have 750 gof each metal, how many rings should be made of each type to obtain maximum profit?Requested:- Make Initial Table of the problem.- Obtain the Case Variables- Obtain the Objective Function- Get Restrictions- Create the Simplex Table- Obtain the Optimal Solution and the Slack Variables.Solve this operational research exercise.[6] Please carefully read the following scenario:(Image attached)The total number of decision variables in this problem is:A. 5B. 3C. 4D. 2 [7] The total number of constraints in this problem, including non-negativity constraints is: A. 9 B. 5 C. 3D. 7
- The Big Bang Theory Assume the hours needed to cook a meal or done a basket of laundry are different, and they are described below: 1 MEAL 1 BASKET SHELDON 2 1 LEONARD 1/2 2 1. What is the maximum number of meals Sheldon can produce in 12 hours? What is the maximum number of laundry baskets Sheldon can complete in 12 hours? 2. Plot in a graph: Sheldon’s production possibility frontier. 3: Plot in a graph: Leonard’s production possibility frontier. 4. What is Sheldon’s opportunity cost of one meal (in terms of baskets given up)? What is his opportunity cost of one basket (in terms of meals given up)? 5. Does Leonard have an absolute advantage in producing both meals and baskets? 6. Who has a comparative advantage in cooking? 7. Suppose each person has 12 hours for the two tasks in a week, and suppose both Sheldon and Leonard each spend 6 hours on cooking and 6 hours on laundry. Consider an offer from Leonard to Sheldon: do 3 baskets of laundry for me each week, and I’ll cook you 2…For a table manufacturing company, selling price for a table is $183.00 per Unit, Variable cost is $25.00 per Unit, rent is $3,380.00 per month and insurance is $296.00 per month. Company wants to expand its business and improve the table quality, it wants to increase the selling price for a table to $254.00 per Unit, Variable cost to $43.00 per Unit, bigger area will have rent $5,235.00 per month and insurance is $362.00 per month At what point will the company be indifferent between the current mode of operation and the new option?Given this linear programming model, solve the model and then answer the questions that follow.Maximize Z = 12x1 + 18x2 + 15x3 where x1 = the quantity of product 1 to make, etc.Subject toMachine 5x1 + 4x2 + 3x3 ≤ 160 minutes Labor 4x1 + 10x2 + 4x3 ≤ 288 hoursMaterials 2x1 + 2x2 + 4x3 ≤ 200 poundsProduct 2 x2 ≤ 16 units x1, x2, x3 ≥ 0 a. Are any constraints binding? If so, which one(s)?
- A company manufactures two products. If it charges price pi for product i, it can sell qi units of product i,where q1 = 60−3p1 +p2 and q2 = 80−2p2 +p1. It costs $5 to produce a unit of product 1 and $12 to produce a unit of product 2. How many units of each product should the company produce, and what prices should it charge, to maximize its profit?what is the dual equivalent and the final tableau of the given primal linear programming model?Min Y₀ = 10Y₁ + 8Y₂s.t.Y₁ + 2Y₂ ≥ 52Y₁ - Y₂ ≥ 12Y₁ + 3Y₂ ≥ 4Y₁ ≥ 0, Y₂ is unrestrictedprove or disprove the complementary slackness theorem.Consider the following linear programming problem: Min Z = 50x1 + 60x2 s.t. 6x1 + 5x2 >= 30 8x1+4x2 >= 32 x1,x2 >=0. What is the Z in the optimal point of this problem? a. 200 b. 250 c. 300 d. 350 e. none of the abov
- Find the optimal solution for the following problem. (Round your answers to 3 decimal places.) Maximize C = 13x + 3y subject to 12x + 14y ≤ 21 15x + 20y ≤ 37 and x ≥ 0, y ≥ 0. What is the optimal value of x?Compute the objective function value for the following problem: Min 30X + 150Y subject to : 2X>=0 ;2X + 10Y = 20; X+Y>=0 a. 0 b. 54 c. infeasible d. 300 e. unboundedUse the simplex method to solve the following LP Max z = 2x1 + 3x2 s.t. x1 + 2x2 <= 6 2x1 + x2 <= 8 END LP Please use tableau like the one in the attached image, thanks