An employment research company estimates that the value of a recent MBA graduate to an accounting company is V = 4e? + 4g3, where V is the value of the graduate, e the number of years of prior business experience, and g is the graduate school grade-point average. A company that currently employs graduates with a 2.7 average wishes to maintain a constant employee value of V = 200, but finds that the grade-point average of its new employees is dropping at a rate of 0.2 per year. How fast must the experience of its new employees be growing to compensate for the decline in grade point average? (Give the answer to two decimal places.) 0.53 X years every year
An employment research company estimates that the value of a recent MBA graduate to an accounting company is V = 4e? + 4g3, where V is the value of the graduate, e the number of years of prior business experience, and g is the graduate school grade-point average. A company that currently employs graduates with a 2.7 average wishes to maintain a constant employee value of V = 200, but finds that the grade-point average of its new employees is dropping at a rate of 0.2 per year. How fast must the experience of its new employees be growing to compensate for the decline in grade point average? (Give the answer to two decimal places.) 0.53 X years every year
Chapter1: Equations, Inequalities, And Mathematical Modeling
Section: Chapter Questions
Problem 22T: On the first part of a 350-kilometer trip, a salesperson travels 2 hours and 15 minutes at an...
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