Answered: Q#5. in a group of 60 people, 27 like…

Q#5. in a group of 60 people, 27 like cold drinks and 42 like hot drinks and each person likes at least one of the two drinks. How many like both cold drink and hot drink?

Operations Research : Applications and Algorithms

4th Edition

ISBN:9780534380588

Author:Wayne L. Winston

Publisher:Wayne L. Winston

Chapter15: Deterministic Eoq Inventory Models

Section15.6: When To Use Eoq Models

Problem 1P

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Payback Period

Payback period analysis is a method used to determine the relative time value of a project. It measures the time that a project will take to return its initial investment. The total time taken by the project to return the initial investment made for the project is called the payback period.

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Q#5. in a group of 60 people, 27 like cold drinks and 42 like hot drinks and each person likes at least one of the two drinks. How many like both cold drink and hot drink?

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