Essentials of Business Analytics (MindTap Course List)
2nd Edition
ISBN: 9781305627734
Author: Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Publisher: Cengage Learning
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Chapter 11, Problem 15P
Bay Oil produces two types of fuel (regular and super) by mixing three ingredients. The major distinguishing feature of the two products is the octane level required. Regular fuel must have a minimum octane level of 90, whereas super must have a level of at least 100. The cost per barrel, octane levels, and available amounts (in barrels) for the upcoming two-week period appear in the following table, along with the maximum demand for each end product and the revenue generated per barrel:
Develop and solve a linear programming model to maximize contribution to profit. What is the optimal contribution to profit?
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The number of patrol officers needed on staff depends on the crime rate of the county, which is calculated based on the number of crimes per year. At a base rate of 3% crime rate, the county hires 200 officers per 10,000 people in the population. For every 0.1% increase in crime rate, an additional 5 officers are hired per 10,000 people in the population. For every 0.1% below 3% crime rate, 3 fewer officers are hired.
A 3% sign-on bonus is offered for officers with no experience when there is a 5% to 10% shortage.
A 5% sign-on bonus is offered for officers with no experience when there is an 11% or higher shortage.
A 6% sign-on bonus is offered for officers with at least 3 years of experience when there is a 5% to 10% shortage.
A 10% sign-on bonus is offered for officers with at least 3 years of experience when there is an 11% or higher shortage.
County
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Maple
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Willow…
Chapter 11 Solutions
Essentials of Business Analytics (MindTap Course List)
Ch. 11 - Kelson Sporting Equipment, Inc., makes two types...Ch. 11 - The Sea Wharf Restaurant would like to determine...Ch. 11 - Blair Rosen. Inc. (BR) is a brokerage firm that...Ch. 11 - Round Tree Manor is a hotel that provides two...Ch. 11 - Industrial Designs has been awarded a contract to...Ch. 11 - Vollmer Manufacturing makes three components for...Ch. 11 - Photon Technologies, Inc., a manufacturer of...Ch. 11 - The Westchester Chamber of Commerce periodically...Ch. 11 - The management of Hartman Company is trying to...Ch. 11 - The employee credit union at State University is...
Ch. 11 - The Atlantic Seafood Company (ASC) is a buyer and...Ch. 11 - The Silver Star Bicycle Company will manufacture...Ch. 11 - The Clark County Sheriff’s Department schedules...Ch. 11 - Bay Oil produces two types of fuel (regular and...Ch. 11 - Consider the following network representation of a...Ch. 11 - Refer to the transportation problem described in...Ch. 11 - Aggie Power Generation supplies electrical power...Ch. 11 - The Calhoun Textile Mill is in the process of...Ch. 11 - Refer to the Calhoun Textile Mill production...
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