A nutritionist wants to formulate a food mix that will contain minerals, protein, and vitamins at the least cost possible. There are two key ingredients in the food mix. Nutrigo and Nutricrush that cost P200.00 and P300.00 per kilo respectively Research findings show that the ideal food mix should consist of at least 10 units of minerals, 14 units of protein, and 6 units of vitamins. Nutrigo has 1 unit of minerals, protein, and vitamins each per kilo while Nutricrush has 2 units of protein, 1 unit of mineral and half unit of vitamins per kilo. Help the nutritionist determine the least cost combination of Nutrigo and Nutricrush. The minimum cost is 3,600 O True O False
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- Please solve The figure below illustrates the demand for money for transaction (L1) and speculative motives (L2) in South Africa: A recession similar to the one experienced between 2009 and 2011 in the global economy will a.Shift curve L1 to the left. b.Shift curve L1 to the left and curve L2 to the right. c.Shift curve L2 to the left and have no impact on curve L1. d.Shift both curves L1 and L2 to the leftYou are the Economic Consultant for Zuku Farms Ghana Limited. Zuku produces cowpea in a community where producers are able to switch back and forth between cowpea and groundnut depending on market conditions. Consequently, you were tasked by the management of Zuku and you estimated the demand function for cowpea as follows: where is the quantity of cowpea demanded in bags per month, is the average price of cowpea in Ghana Cedis, is the average price of groundnut in Ghana Cedis, and Y is the income of consumers. Assuming is initially GH¢31.00 per bag, Y is GH¢1001.50 Required: Find the resulting demand function for cowpea and determine the number of bags Zuku can sell at GH¢ 45.00 per bag. Management is considering increasing price of cowpea by GH¢10.00 per bag. Advise management on this price change using the concept of price elasticity of demand. Explain why management should be worried about a reduction in the price of groundnutJayZee Electronics wanted to expand its operations by considering of putting up another warehouse to store their electronic supplies from different suppliers. The table below shows the payoff for all alternatives available for JayZee Electronics in all 3 states of nature. The probabilities for every state of nature is also provided. Size of the Warehouse Good Market ($) Fair Market ($) Poor Market ($) Small 40,000 -10,000 -20,000 18,000 Medium 80,000 90,000 Large Very Large -40,000 -160,000 100,000 175,000 350,000 25,000 Probabilities 0.35 0.45 0.20 Using Decision Making under Uncertainty (Use Sheet 1 and rename it to Lastname_Uncertainty) (a) Develop a decision table for this decision. (b) What is the maximax decision? (c) What is the maximin decision? (d) What is the equally likely decision? (e) What is the criterion of realism decision? Use an a value of 0.8. (f) Develop an opportunity loss table. (g) What is the minimax regret decision? Using Decision Making under Risk (Use Sheet 1…
- XYZ Co. has provided the following data seeking your advice on the optimum investment strategy: Investment at the beginning of the year Net return data of selected investments Amount P Q R S available (£) 1 95 80 70 60 70 2 75 65 60 50 40 3 70 45 50 40 90 4 60 40 40 30 30 Maximum Investment (£) 40 50 60 60 The following additional information is also provided: o P, Q, R and S represent the selected investments o The company has decided to have four years investment plan o The policy of the company is that the amount invested in any year will remain so until the end of the fourth year o The values in the table represent net returns on investment of £1 till the end of the planning horizon Determine the optimal investment strategy. You may use the transportation techniqueSuppose that this particular study compared a large group of individuals who play squash regularly with those of an equal-sized group who get no exercise at all. Playing squash does provide a good cardiovascular workout. However, we also know that squash players tend to be affluent enough to belong to clubs with squash courts. Wealthy individuals may have great access to health care, which can also improve cardiovascular health. If our analysis is sloppy, we may attribute health benefits to playing squash when in fact the real benefit comes from being wealthy enough to play squash (in which case playing polo would also be associ ated with better heart health, even though the horse is doing most of the work). Or perhaps causality goes the other direction. Could having a healthy heart “cause” exercise? Yes. Individuals who are infirm, particularly those who have some incipient form of heart disease, will find it much harder to exercise. They will certainly be less likely to play squash…Aldi is a no-frills grocery chain. It sells grocery staples right out of crates and boxes with emphasis on low-priced, private-label brands. Aldi stores are typically about one-third the size of the traditional supermarket. By controlling expenses, Aldi customers can expect to save 30 to 50 percent compared to Kroger customers. The chain targets bargain hunters who are willing to rent a cart and bag their own groceries. Aldi competitive advantage is based on: Group of answer choices low costs its competition promotion stakeholders the production concept
- DS You are a fruit vendor in the Coronation Market in Kingston Jamaica. You are facing the decision to purchase 100, 120 or 130 bags of oranges for resale each week. However, you are not sure of the demand-per week. You also consider that you can move around the market, depending on the number of bags, selling for different prices you have and you can also sell surplus for a reduced price. The payoff table below gives the details of the possible profit for each of these combinations. What is the optimal decision, using the Maximin criterion? Payoff Table Profits($) Weekly Demand (State of Nature) Average Decision (Purchase) Below Robust Par 75000 90000 110000 50000 55000 100 Bags 120 Bags 130 Bags 65000 75000 45000 65000 Select one: O a. Purchase 100 bags (expected profit = $50,000) O b. Purchase 120 bags (expected profit = $65,000) O c. Purchase 130 bags (expected profit = $45,000) o d. Purchase 130 bags (expected profit = $65,000) 9:25 AM Ca ) ENG 12/16/2021 85°FUnder Fundamental analysis the intrinsic value of the stock is meassured by analysing economic and financial factors. This method analysis the stock's real and fair market value. According to this analysis if the market price of the stock is lower than its fair market value then the stock is deemed to be underpriced, which means the stock price is going to rise in future. On the other hand if the fair market value of the stock is lower than its market price then it is assumed that the future prices of stock are going to decline. BASED ON THE STATEMENT ABOVE PLEASE DRAW THE GRAPH AND EXPLAIN IT ON U.S. SITUATIONWheels Distributors sells three types of tires to the commercial market. Type A. Type B and Type C. The anticipated payoffs are as follows for the three types of tires. Light Demand Moderate Demand Heavy Demand Probability 0.25 0.45 0.3 Tire Type A $325,000 $190,000 $170,000 B $300,000 $420,000 $400,000 C -$400,000 $240,000 $800,000 Construct a decision tree to help the management of Wheel Distributor make the appropriate decisions. This tree MUST be constructed in logical order with labels and net payoffs. Given the probabilities for the three types of tires and the expected monetary values, what decision should be made and what is that optimal expected value? What is the most should the firm be willing to pay to obtain further (perfect) information (EVPI) concerning the demand for the tires? 4. What decision should the firm…
- Method of Least Squares, Goodness of Fit Deepa Dalal opened a free-standing radiology clinic. She had anticipated that the costs for the radiological tests would be primarily fixed, but she found that costs increased with the number of tests performed. Costs for this service over the past nine months are as follows: Month Radiology Tests Total Cost January 2,800 $133,500 February 2,600 135,060 March 3,100 175,000 April 3,500 170,600 May 3,400 176,900 June 3,700 186,600 July 3,840 174,450 August 4,100 195,510 September 3,450 185,300 Required: 1. Compute the cost formula for radiology services using the method of least squares. If required, round your answers to two decimal places. Y = + X 2. Using the formula computed in Requirement 1, what is the predicted cost of radiology services for October for 3,500 appointments? (Round the answer to the nearest dollar.)In the table below ratings data on x = the quality of the speed of execution and y = overall satisfaction with electronic trades provided the estimated regression equation ŷ = 0.3402 +0.8922x. Brokerage Speed Satisfaction Scottrade, Inc. 3.5 3.4 Charles Schwab 3.0 3.1 Fidelity Brokerage Services 3.3 3.2 TD Ameritrade 3.6 3.5 E*Trade Financial 3.4 3.7 Vanguard Brokerage Services 3.8 3.6 USAA Brokerage Services 3.3 2.9 Thinkorswim 3.1 3.6 Wells Fargo Investments 2.4 2.4 Interactive Brokers 2.6 2.2 Zecco.com 2.7 3.1 At the 0.05 level of significance, test whether speed of execution and overall satisfaction are related. Show the ANOVA table. What is your conclusion? Source Sum of Squares Degrees Mean Square F (to 2 decimals) of Variation (to 4 decimals) of Freedom (to 4 decimals) Regression Error Total P-value is - Select your answer - We Select your answer - V reject Ho : B1 = 0, we conclude that speed of execution and overall satisfaction Select your answer - V related.Economics Daegu considers producing electric razors for men. If the market demand is high, he would get a return of $100,000, but if there were a low demand for this type of razor, he would lose $60,000. Daegu also considers the possibility of ordering a market survey to gather additional information about the market demand. The survey includes a sophisticated questionnaire administered to a test market and costs $5,000. Daegu believes that there is a 62:38 chance that the market information will be favorable (i.e., predicting a high market demand) and unfavorable (i.e., predicting a low market demand). Furthermore, the probabilities of a favorable survey given a high market demand and an unfavorable survey given a low demand are both 0.8. Daegu is not sure if the value of the survey is worth the cost Draw the decision tree and advise Daegu