ed and resumed at any point until the time expires but DO NOT CLOSE THE BROWSER.2..If you encounter any technical problems, inform your subject teacher immediately.F_WW#6_HW#21hr39mins X Progress sScore: 8.8/207/11 answeredQuestion 9Mr. and Mrs. Revilla decided to sell their house and to deposit the fund in a bank. After computing theinterest, they found out that they may withdraw 350,000 yearly for 10 years starting at the end of 6 yearswhen their child will be in college. How much is the fund deposited if the interest rate is 3% convertedannually? Round off your answer in two decimal places.Submit Question

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Answered: Mr. and Mrs. Revilla decided to sell…

College Algebra (MindTap Course List)

12th Edition

ISBN:9781305652231

Author:R. David Gustafson, Jeff Hughes

Publisher:R. David Gustafson, Jeff Hughes

Chapter6: Linear Systems

Section6.8: Linear Programming

Problem 5SC: If during the following year it is predicted that each comedy skit will generate 30 thousand and...

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If during the following year it is predicted that each comedy skit will generate 30 thousand and each musical number 20 thousand, find the maximum income for the year. A television program director must schedule comedy skits and musical numbers for prime-time variety shows. Each comedy skit requires 2 hours of rehearsal time, costs 3000, and brings in 20,000 from the shows sponsors. Each musical number requires 1 hour of rehearsal time, costs 6000, and generates 12,000. If 250 hours are available for rehearsal and 600,000 is budgeted for comedy and music, how many segments of each type should be produced to maximize income? Find the maximum income.
A manufacturer of lightweight mountain tents makes a standard model and an expeditionmodel for national distribution. Each standard tent requires 1 labour hour from the cuttingdepartment and 3 labour hours from the assembly department. Each expedition tent requires 2labour hours from the cutting department and 4 labour hours from the assembly department.The maximum labour hours available per day in the cutting department and the assemblydepartment are 32 and 84 respectively. If the company makes a profit of E50 on each standardtent and E80 on each expedition tent, use the graphical method to determine how many tentsof each type should be manufactured each day to maximize the total daily profit?
The U.S. government wants to determine whether immigrants should be tested for a contagious disease, and it is planning to base this decision on financial considerations. Assume that each immigrant who is allowed to enter the United States and has the disease costs the country $100,000. Also, assume that each immigrant who is allowed to enter the United States and does not have the disease will contribute $10,000 to the national economy. Finally, assume that x percent of all potential immigrants have the disease. The U.S. government can choose to admit all immigrants, admit no immigrants, or test immigrants for the disease before determining whether they should be admitted. It costs T dollars to test a person for the disease, and the test result is either positive or negative. A person who does not have the disease always tests negative. However, 10% of all people who do have the disease test negative. The government’s goal is to maximize the expected net financial benefits per…
A production process produces and packages soap in boxes weighing 140 grams. Owing to inspection carried out by several large municipalities, the penalty for placing, on the average, less than 140 grams in a box can be severe. Likewise it would also be wasteful for the company if they place, on the average, more than 140 grams in a box. Hence, the machine was adjusted to put 140 grams of soap in a box. After a year, the company wants to check if there is a need to readjust the machine. The company wishes to perform a test of hypothesis at 0.01 level of significance using the following data collected from a random sample: (photo attached). • State Ho and Ha.• Write the formula of the test statistic to be used.• State the decision rule at 0.01 level of significance.• Compute for the value of the test statistic.• Is there sufficient evidence at 0.01 level of significance for the company to conclude that mean weight of soap packaged in a box is not anymore 140 grams so that there is a need…
Consider the example of the three-step airport security. The first step, verifying ID andboarding pass, takes 30 seconds per passenger. The second step, searching the passengerfor metal objects using a metal detector, takes 10 seconds per passenger. The third step,running the carry-on luggage through an X-ray machine, takes 60 seconds per passenger. Assume that there are many customers waiting in the process and that each of thethree employees gets paid $15 per hour.(a) What is the cost of direct labor?(b) What is the labor content?(c) What is the average labor utilization?
A multimedia company anticipates that there will be a demand for 20,000 copiesof a certain DVD during the next year. It costs the company $0.40 to store a DVD for one year. Each time it must make additional DVDs, it costs $250 to set up the equipment. How many DVDs should the company make during each production run to minimize its total storage and setup costs?

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