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using the simplex method.
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- The person says that 2173 is a prime number because it ends in the number3, and since 3 is a prime number then that means that 2173 is a prime number. Is2173 a prime number? What can you conclude about this person’s reasoning? Explain your answer.Minimize Z= x1+2x2-3x3-2x4 subject to: x1+2x2-3x3+x4=4 x1+2x2+x3+2x4=4 x1, x2, x3,x4 are equal or greater then zeroFind solution using simplex method.MAX Z = 6x1 + 4x2subject to2x1 + 3x2 ≤ 303x1 + 2x2 ≤ 24x1 + x2 ≥ 3and x1,x2 ≥ 0
- The file P02_41.xlsx contains the cumulative number of bits (in trillions) of DRAM (a type of computer memory) produced and the price per bit (in thousandth of a cent). a. Fit a power curve that can be used to show how price per bit drops with increased production. This relationship is known as the learning curve. b. Suppose the cumulative number of bits doubles. Create a prediction for the price per bit. Does the change in the price per bit depend on the current price?Minimization function is Z=8x1+12x2Subject to: 5x1+2x2≥204x1+3x2≥24X2≥2Can the function f (x) = - x2 + 3x +2 be maximized?
- Long-Life Insurance developed a linear model to determine the amount of term life insurance a family of four should have, based on the head of the household's current age. The equation is: y = 163 -0.45xwherey = Insurance needed ($000)x = Current age of head of household Calculate the amount of term life insurance you would recommend for a family of four if the head of the household is 53 years old. (Round your answer to 2 decimal places.)4. What is the optimized Z value for this following LP problem? Minimize Z= 3x + 10y, subject to (1) 2x + 4y ≤ 12 and (2) 5x + 2y ≥ 10 and (3) x, y ≥ 0. Answer: ______________Same situation as in the previous two problems this time the magnet s mass is 5.68 kg and the magnetic force pulling it to the right is 170.9 N. The length of the cord is 1.70 m, and the ceiling is 2.98 m above the floor. Suppose that you cut the cord and the magnet falls to the floor while still being pulled to the right by the force of 170.9 N. How long will it take the magnet to hit the floor? 0.848 s 0.403 s 0.707 s 0.495 s
- Use the simplex method to maximize the given function. Assume all variables are nonnegative.Maximize f = 3x + 22y subject to 14x + 7y ≤ 35 5x + 5y ≤ 50 (x,y)= f=Hi is this correct?The management of an oil company is trying to decide whether to drill for oil in a particular fieldin the Gulf of Mexico. It costs the company $600 thousand to drill in the selected field. Themanagement believes that if oil is found in this field, its estimated value will be $3400 thousand. Atpresent, this oil company believes that there is a 45% chance that the selected field actually containsoil. Before drilling, the oil company can hire a team of geologists to perform seismographic tests at acost of $55 thousand. Based on similar tests in other fields, the tests have a 25% false negative rate(no oil predicted when oil is present) and a 15% false positive rate (oil predicted when no oil ispresent).A. Assume the oil company wants to maximize its expected net earnings. Please utilize decisiontree analysis to determine its optimal strategy.B. Calculate the expected value of the information (EVI/EVSI) provided by the team ofgeologists.C. Calculate and interpret EVPI…What would the formula be for Cells B9 and C9 be to populate 0? Or is it just left blank?