The following sentence contains a parallelism error; please choose the one revision that corrects this error. Many states are reducing property taxes for homeowners and extend financial aid in the form of tax credits for renters.
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- Seas Beginning sells clothing by mail order. An important question is when to strike a customer from the companys mailing list. At present, the company strikes a customer from its mailing list if a customer fails to order from six consecutive catalogs. The company wants to know whether striking a customer from its list after a customer fails to order from four consecutive catalogs results in a higher profit per customer. The following data are available: If a customer placed an order the last time she received a catalog, then there is a 20% chance she will order from the next catalog. If a customer last placed an order one catalog ago, there is a 16% chance she will order from the next catalog she receives. If a customer last placed an order two catalogs ago, there is a 12% chance she will order from the next catalog she receives. If a customer last placed an order three catalogs ago, there is an 8% chance she will order from the next catalog she receives. If a customer last placed an order four catalogs ago, there is a 4% chance she will order from the next catalog she receives. If a customer last placed an order five catalogs ago, there is a 2% chance she will order from the next catalog she receives. It costs 2 to send a catalog, and the average profit per order is 30. Assume a customer has just placed an order. To maximize expected profit per customer, would Seas Beginning make more money canceling such a customer after six nonorders or four nonorders?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.Nice-Fit is a (fictional) small business producing outfits for costume parties and specialoccasions. Custom designs can be tailored to a customer’s request. Tom and Ann are theowners of the company and source all the fabric, design the outfits and make the costumesthemselves. Tom and Ann keep spreadsheets with information on the material purchased andcostumes made, but they find it difficult to keep track of their products, raw materials, andsales. The raw materials are supplied from a fabric company in India, and the production takesplace in a manufacturing company in China. The clothing is sold at local weekend markets,sold, or rented through costume hire shops, and sold at their physical store. Tom and Annreceive a small percentage of the sales and rentals of their costumes from the hire shops.They have no information on customers other than those who request custom designsdirectly from them. In 2020, the Covid-19 pandemic had a major impact on global economies,businesses and how we…
- 11. For a product mix linear programming problem, we use three materials (A, B and C) to make two products (X and Y) to maximize total profit. The following screenshot is the Answer Report generated by Excel. Given above report, which statement is FALSE? Select one: a. The Material C is used up given the optimal solution. b. The optimal solution is making 5 units of Product X only. c. The Material B is used up given the optimal solution. d. The optimized (maximum) profit is $60I need explaination and spreadsheet with formulas and step to step interpretation please.....The attached are first two pages of required assisance and below is the rest of instructions please consider all of them:c. Suppose the CEO says, “Projects 3 and 4 must be undertaken but not both.”Describe the constraint.d. Suppose the CEO says, “Projects 4 cannot be undertaken unless projects 1 and 3also are both undertaken.” Describe the constraints. Hint: You may need to add more than one constraint for this part.3. Multi-product Production Planning. Hart Manufacturing makes three products. Each product requires manufacturing operations in three departments: A, B, and C. The labor-hour requirements, by department, are as follows:Department Product 1 Product 2 Product 3A 1.50 3.00 2.00B 2.00 1.00 2.50C 0.25 0.25 0.25During the next production period, the labor-hours…Problem 3: Let L(x, y) be the statement “x loves y”, where the domain for both x and y consists of all people in the world. Use quantifiers to express each of the following statements.1. Everybody loves Jerry.2. Everybody loves somebody.3. There is somebody whom everybody loves.4. Nobody loves everybody.5. There is somebody whom Lydia does not love.6. There is somebody whom no one loves.7. There is exactly one person whom everybody loves.8. There are exactly two people whom Lynn loves.9. Everybody loves himself or herself.10. There is someone who loves no one besides himself or herself.
- Please answer parts d,e,f,g,h,i of the the word problem below. The answers for parts a, b,c are written below so could you continue to answer the questions.A machine shop manufactures two types of bolts. The bolts require time on each of the three groups of machines, but the time required on each group differs, as shown in the table below. Type I Type IIMachine 1 0.2 min 0.2 minMachine 2 0.6 min 0.2 minMachine 3 0.04 min. 0.08 min Production schedules are made up one day at a time. In a day, 300, 720, and 100 minutes are available, respectively, on these machines. Type I bolts sell for 15¢ and type II bolts for 20¢. (a) How many of each type of bolt should be manufactured per day to maximize revenue?(b) What is the maximum revenue?(c) Suppose the selling price of type I bolts began to increase. Beyond what amount would this price have to increase before a different number of each type of bolts should be produced to maximize revenue?The total number of thousands of tons of coal produced per year over a 10-year period for a certain region is provided in the accompanying dataset. Use double exponential smoothing to determine which pairs of values for alphaα and betaβ minimize MAD for this dataset. alphaαequals=0.10.1, betaβequals=0.80.8; alphaαequals=0.40.4, betaβequals=0.30.3; alphaαequals=11, betaβequals=0.60.6 Question content area bottom Part 1 First find the MAD for each pair of values, alphaα and betaβ. (Type integers or decimals rounded to two decimal places as needed.) alphaα betaβ MAD 0.10.1 0.80.8 enter your response here 0.40.4 0.30.3 enter your response here 11 0.60.6 enter your response here Part 2 Which pair of values for alphaα and betaβ minimize MAD for this dataset? alphaαequals=enter your response here and betaβequals=enter your response here (Type integers or decimals. Do not round.)
- Integrated Products Corporation (IPC) needs to estimate its PC sales for next year.The most recent six years of revenue data for the company’s line of XT PersonalComputers, and those of the industry, is found in the table below: Year XT PC Sales Revenue($’000,000) All Industry PC Sales Revenue($’000,000,000) 1 2.4 4.6 2 5.9 8.6 3 15.5 10.7 4 27.8 14.8 5 35.9 18.5 6 38.1 19.4 Required:A. Assuming that the sales data above are representative of sales expected nextyear, use time series regression analysis to forecast next year’s sales revenues(there is no seasonal effect). B. Perform a regression analysis between the annual sales revenues of XTPersonal Computers and all industry PC annual sales revenues. What is theforecast for next year’s sales revenue for XT Personal Computers if the estimateof next year’s industry PC sales revenues is $21.9 billion?C. Advise management at Integrated Products Corporation (IPC) which of the twosales estimates from parts A and B above…Integrated Products Corporation (IPC) needs to estimate its PC sales for next year.The most recent six years of revenue data for the company’s line of XT PersonalComputers, and those of the industry, is found in the table below: Year XT PC Sales Revenue($’000,000) All Industry PC Sales Revenue($’000,000,000) 1 2.4 4.6 2 5.9 8.6 3 15.5 10.7 4 27.8 14.8 5 35.9 18.5 6 38.1 19.4 Required: A. Assuming that the sales data above are representative of sales expected nextyear, use time series regression analysis to forecast next year’s sales revenues(there is no seasonal effect).B. Perform a regression analysis between the annual sales revenues of XTPersonal Computers and all industry PC annual sales revenues. What is theforecast for next year’s sales revenue for XT Personal Computers if the estimateof next year’s industry PC sales revenues is $21.9 billion?Please no written by hand and no emage Kindly create a spreadsheet from the problem description. Find the optimal solution using Excel Solver (Please show working with steps on a spreadsheet) : The Heinrich Company manufactures two types of plastic hangerracks (Foldaways and Straightaways) especially suited for mountingnear clothes dryers. Because permanent press clothing must be hungon hangers immediately after removal from the dryer, these items havebeen especially popular. However, there is some concern that thePreppie movement (popularized by its own handbook) will extinguishpolyester clothing; Heinrich is terribly interested in doing the best withthe resources it has while its products are still in demand. The firsttype of hanger rack, the Foldaway, requires 10 ounces of plasticmaterial and 0.3 hours of labor. Plastic costs Heinrich 10 cents anounce; labor costs Heinrich $20 per hour. The second type of hangerrack, the Straightaway, requires 15 ounces of plastic and 0.175…