TODAY'S Electronics specializes in manufacturing modern electronic components. It also builds the equipment that produces the components. Phyllis Weinberger who is responsible for advising the president of Today's Electronics on electronic manufacturing equipment, has developed the following table concerning a proposed facility. Type of Facility Profit (in thousands of dollars) Strong Market Fair Market Poor Market No facility Small facility Medium-sized facility Large facility 200 100 -32 300 129 110 -100 550 -310 What is the decision based on each of the MINIMAX criteria. Show work in making the decision for each criterion?

TODAY'S Electronics specializes in manufacturing modern electronic components. It also builds the equipment that produces the components. Phyllis Weinberger who is responsible for advising the president of Today's Electronics on electronic manufacturing equipment, has developed the following table concerning a proposed facility. Type of Facility Profit (in thousands of dollars) Strong Market Fair Market Poor Market No facility Small facility Medium-sized facility Large facility 200 100 -32 300 129 110 -100 550 -310 What is the decision based on each of the MINIMAX criteria. Show work in making the decision for each criterion?

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

See similar textbooks

Similar questions

Dave Fletcher, the general manager of North Carolina Engineering Corporation (NCEC), thinks that his firm’s engineer-ing services contracted to highway construction firms are directly related to the volume of highway construction business contractedwith companies in his geographic area. He wonders if this is reallyso, and if it is, can this information help him plan his operationsbetter by forecasting the quantity of his engineering servicesrequired by construction firms in each quarter of the year? Thefollowing table presents the sales of his services and total amountsof contracts for highway construction over the past eight quarters: a) Using this data, develop a regression equation for predictingthe level of demand of NCEC’s services. b) Determine the coefficient of correlation and the standard errorof the estimate.
Jensen Tire & Auto is in the process of deciding whether to purchase a maintenance contract for its new computer wheel alignment and balancing machine. Managers feel that maintenance expense should be related to usage, and they collected the following information on weekly usage (hours) and annual maintenance expense (in hundreds of dollars). Weekly Usage(hours) AnnualMaintenanceExpense 13 17.0 10 22.0 20 30.0 28 37.0 32 47.0 17 30.5 24 32.5 31 39.0 40 51.5 38 40.0 test statistic is 6.90 Find the p-value. (Round your answer to three decimal places.) p-value = State your conclusion. Reject H0. We conclude that the relationship between weekly usage (hours) and annual maintenance expense (in hundreds of dollars) is significant. Do not reject H0. We conclude that the relationship between weekly usage (hours) and annual maintenance expense (in hundreds of dollars) is significant. Reject H0. We cannot conclude that the relationship between weekly usage…
File: Westchester The Westchester Chamber of Commerce periodically sponsors public service seminars and programs. Currently, promotional plans are under way for this year's program. Advertising alternatives include television, radio, and online. Audience estimates, costs, and maximum media usage limitations are as shown in the attached spreedsheet. To ensure a balanced use of advertising media, radio advertisements must not exceed 50% of the total number of advertisements authorized. In addition, television should account for at least 10% of the total number of advertisements authorized. Using the attached file and a promotional budget of $22,800 and solving this as a linear program, determine the number of commercial messages that should be run on each medium to maximize total audience contact. By how much would audience contact Increase if an extra $6500 were allocated to the promotional budget? (Round your answer to the nearest whole number)
Charity Navigator is America's leading independent charity evaluator. The following data show the total expenses (), the percentage of the total budget spent on administrative expenses, the percentage spent on fundraising expenses, and the percentage spent on program expenses for supersized charities. Administrative expenses include overhead, administrative staff and associated costs, and organizational meetings. Fundraising expenses are what a charity spends to raise money, and program expenses are what the charity spends on the programs and services it exists to deliver. The sum of the three percentages does not add to because of rounding. # Charity Total Expenses($) AdministrativeExpenses(%) FundraisingExpenses(%) ProgramExpenses(%) 1 American Red Cross 3,354,177,445 3.9 3.8 92.1 2 World Vision 1,205,887,020 4.0 7.5 88.3 3 Smithsonian Institution 1,080,995,083 23.5 2.6 73.7 4 Food For The Poor 1,050,829,851 0.7 2.4 96.8 5 American…
Company ABC has the following information. Please calculate the Z-core for 2021 and 2022 and provide a comment on its performance. Variables 2022 2021 X1(net working capital /total asset) 0.56 0.175 X2(retained earnings/total asset) -0.12 0.08 X3(EBIT/total assets) 0.56 0.69 X4(market value of equity/book value of total liability) 1.2 0.96 X5(sales/total asset) 0.78 0.63 Z-score (1.2X1+1.4X2+3.3X3+0.6X4+1X5) 3.852 3.805
Charity Navigator is America's leading independent charity evaluator. The following data show the total expenses ($), the percentage of the total budget spent on administrative expenses, the percentage spent on fundraising, and the percentage spent on program expenses for 10 supersized charities (Charity Navigator website). Administrative expenses include overhead, administrative staff and associated costs, and organizational meetings. Fundraising expenses are what a charity spends to raise money, and program expenses are what the charity spends on the programs and services it exists to deliver. The sum of the three percentages does not add to 100% because of rounding. Do not round your intermediate calculations. Total Administrative Fundraising Program Expenses Expenses Expenses Expenses Charity (millions of $) (%) (%) (%) 1 American Red Cross 3350 3.7 3.8 92.0 2 World Vision 1210 3.8 7.8 88.3 3 Smithsonian Institution 1080 23.8 2.3 73.8 4 Food For The Poor 1052 0.7 2.1 96.7 5…
Charity Navigator is America's leading independent charity evaluator. The following data show the total expenses ($), the percentage of the total budget spent on administrative expenses, the percentage spent on fundraising, and the percentage spent on program expenses for 10 supersized charities (Charity Navigator website). Administrative expenses include overhead, administrative staff and associated costs, and organizational meetings. Fundraising expenses are what a charity spends to raise money, and program expenses are what the charity spends on the programs and services it exists to deliver. The sum of the three percentages does not add to 100% because of rounding. Do not round your intermediate calculations. Total Administrative Fundraising Program Expenses Expenses Expenses Expenses Charity (millions of $) (%) (%) (%) 1 American Red Cross 3352 3.9 3.9 92.3 2 World Vision 1205 4.1 7.5 88.3 3 Smithsonian Institution 1082 23.4 2.6 73.9 4 Food For The Poor 1048 0.5 2.3 96.9 5…
Charity Navigator is America's leading independent charity evaluator. The following data show the total expenses ($), the percentage of the total budget spent on administrative expenses, the percentage spent on fundraising, and the percentage spent on program expenses for 10 supersized charities (Charity Navigator website). Administrative expenses include overhead, administrative staff and associated costs, and organizational meetings. Fundraising expenses are what a charity spends to raise money, and program expenses are what the charity spends on the programs and services it exists to deliver. The sum of the three percentages does not add to 100% because of rounding. Do not round your intermediate calculations. Charity Total Administrative Fundraising Program Expenses Expenses Expenses Expenses (millions of $) (%) Fundraising Program 1 American Red Cross 3352 3.9 3.9 92.2 2 World Vision 1210 3.8 7.8 88.6 3 Smithsonian Institution 1082 23.5 2.6 73.6 4 Food For…
Jensen Tire & Auto is in the process of deciding whether to purchase a maintenance contract for its new computer wheel alignment and balancing machine. Managers feel that maintenance expense should be related to usage, and they collected the following information on weekly usage (hours) and annual maintenance expense (in hundreds of dollars). Weekly Usage(hours) AnnualMaintenance Expense 19 24 16 29 26 37 34 44 38 54 23 38 30 40 37 46 46 59 44 47 -select your answer choices- b. p-value less than 0.01 between 0.01 and 0.025 between 0.025 and 0.05 between 0.05 and 0.10 greater than 0.10 Conclusion Do not conclude that there is a significant relationship between expense and weekly usage Conclude that there is a significant relationship between expense and weekly usage d. No, the expected maintenance expense is less than $3000 Yes, the expected maintenance expense is greater than $3000
the restaurant value stream map, and recompute the total value-added and non-value-added time and cost given the following new information. The chef's time is valued at $30 per hour, oven operation at $10 per hour, precooking order waiting time at $5 per hour, and postcooking order waiting time at $60 per hour. The $60 estimate reflects the cost of poor quality for a dinner waiting too long that might be delivered to the customer late (and cold). If a restaurant uses iPads to place orders and notify waiters when the customer's order is ready, the time on the order board (now an electronic order board) decreases from five to one minute, and the prepared order wait time decreases from five to four minutes. Round your answer for the total revised time to the nearest whole number and round your answer for the total revised cost to three decimal places. Total Revised Time: minutes Total Revised Cost: $