Finite Mathematics and Applied Calculus (MindTap Course List)
7th Edition
ISBN: 9781337274203
Author: Stefan Waner, Steven Costenoble
Publisher: Cengage Learning
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Chapter 6.4, Problem 41E
To determine
To calculate: The minimize:
With subject to:
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K
Disk drives have been getting larger. Their capacity is now often
given in terabytes (TB) where 1 TB = 1000 gigabytes, or about a
trillion bytes. A survey of prices for external disk drives found the
data shown to the right. For this data, we want to predict Price
from Capacity. Complete parts a through i below.
Click the icon to view the disk drive data and summary
statistics.
Disk Drive Data and Summary Statistics
Capacity (in TB)
0.5
1.0
2.0
3.0
4.0
6.0
8.0
12.0
32.0
x = 7.611
SD(x) = 9.85
r = 0.987
---
Print
Price (in $)
58.79
75.79
114.00
105.95
146.45
425.49
594.00
1074.00
4464.49
y = 784.329
SD(y) = 1420.27
Done
X
A. It indicates the price for a hard drive with no capacity. It
is meaningless and should not be interpreted.
B. It indicates the additional capacity in TB for each
additional dollar of price. It is meaningful in that it could
be interpreted as the cost of the parts common to all
drives.
Study the data below. What is the average unit cost of a pen in East Region?
The table below reports the quantities and prices for a fruit basket consumed by RMIT students for the years 2019 and 2020. Copy Paste the
tableand fill in as necessary. S
Fruit (per Kg) 2019
2020
Fill In Fill In
Price ($) Quantity Price ($) Quantity
Bananas
3.7
25
3.8
28
Apples
3.6
40
4.62
48
Pears
6.7
45
6.9
66
Peaches
7.6
35
8.6
36
Fill In
(a) Calculate the simple price index of Apples for 2020 using 2019 as a base year.
b) Calculate the Aggregate index for 2020 using 2019 as a base year.
(c) Calculate the Laspeyers price index for 2020 using 2019 as a base year. Interpret your answer.
d) What is the difference between Laspeyers and Paasche index?
Chapter 6 Solutions
Finite Mathematics and Applied Calculus (MindTap Course List)
Ch. 6.1 - In Exercises 1-26, sketch the region that...Ch. 6.1 - In Exercises 1-26, sketch the region that...Ch. 6.1 - Prob. 3ECh. 6.1 - Prob. 4ECh. 6.1 - Prob. 5ECh. 6.1 - Prob. 6ECh. 6.1 - Prob. 7ECh. 6.1 - In Exercises 1-26, sketch the region that...Ch. 6.1 - Prob. 9ECh. 6.1 - Prob. 10E
Ch. 6.1 - Prob. 11ECh. 6.1 - Prob. 12ECh. 6.1 - Prob. 13ECh. 6.1 - Prob. 14ECh. 6.1 - In Exercises 1-26, sketch the region that...Ch. 6.1 - Prob. 16ECh. 6.1 - In Exercises 1-26, sketch the region that...Ch. 6.1 - In Exercises 1-26, sketch the region that...Ch. 6.1 - Prob. 19ECh. 6.1 - In Exercises 1-26, sketch the region that...Ch. 6.1 - Prob. 21ECh. 6.1 - Prob. 22ECh. 6.1 - Prob. 23ECh. 6.1 - Prob. 24ECh. 6.1 - In Exercises 1-26, sketch the region that...Ch. 6.1 - Prob. 26ECh. 6.1 - In Exercises 27-32, we suggest that you use...Ch. 6.1 - Prob. 28ECh. 6.1 - Prob. 29ECh. 6.1 - Prob. 30ECh. 6.1 - Prob. 31ECh. 6.1 - Prob. 32ECh. 6.1 - Prob. 33ECh. 6.1 - Prob. 34ECh. 6.1 - Nutrition, Ruff, Inc. makes dog food out of...Ch. 6.1 - Purchasing Enormous State Universitys Business...Ch. 6.1 - Nutrition Gerber Products Gerber Mixed Cereal for...Ch. 6.1 - Prob. 38ECh. 6.1 - Municipal Bond Funds The Pioneer Investment...Ch. 6.1 - Mutual Funds In 2015, the Phoenix/Zweig Advisors...Ch. 6.1 - Investments: Financial Stocks (Compare Exercise 51...Ch. 6.1 - Investments: High-Dividend Stocks (Compare...Ch. 6.1 - Advertising You are the marketing director for a...Ch. 6.1 - Prob. 44ECh. 6.1 - Prob. 45ECh. 6.1 - Prob. 46ECh. 6.1 - Prob. 47ECh. 6.1 - Prob. 48ECh. 6.1 - Prob. 49ECh. 6.1 - Draw several bounded regions described by linear...Ch. 6.1 - In Exercises 51-54, you are mixing x grams of...Ch. 6.1 - Prob. 52ECh. 6.1 - Prob. 53ECh. 6.1 - Prob. 54ECh. 6.1 - Prob. 55ECh. 6.1 - In the situation described in Exercise 55, is it...Ch. 6.1 - Prob. 57ECh. 6.1 - Prob. 58ECh. 6.2 - Exercises 1-24, solve the given LP problem. If no...Ch. 6.2 - Exercises 1-24, solve the given LP problem. If no...Ch. 6.2 - Prob. 3ECh. 6.2 - Exercises 1-24, solve the given LP problem. If no...Ch. 6.2 - Exercises 1-24, solve the given LP problem. If no...Ch. 6.2 - Exercises 1-24, solve the given LP problem. If no...Ch. 6.2 - Exercises 1-24, solve the given LP problem. If no...Ch. 6.2 - Prob. 8ECh. 6.2 - Exercises 1-24, solve the given LP problem. If no...Ch. 6.2 - Exercises 1-24, solve the given LP problem. If no...Ch. 6.2 - Exercises 1-24, solve the given LP problem. If no...Ch. 6.2 - Exercises 1-24, solve the given LP problem. If no...Ch. 6.2 - Prob. 13ECh. 6.2 - Exercises 1-24, solve the given LP problem. If no...Ch. 6.2 - Exercises 1-24, solve the given LP problem. If no...Ch. 6.2 - Exercises 1-24, solve the given LP problem. If no...Ch. 6.2 - Prob. 17ECh. 6.2 - Prob. 18ECh. 6.2 - Prob. 19ECh. 6.2 - Exercises 1-24, solve the given LP problem. If no...Ch. 6.2 - Prob. 21ECh. 6.2 - Exercises 1-24, solve the given LP problem. If no...Ch. 6.2 - Prob. 23ECh. 6.2 - Prob. 24ECh. 6.2 - Resource Allocation You manage an ice cream...Ch. 6.2 - Resource Allocation Podunk Institute of...Ch. 6.2 - Nutrition Ruff, Inc. makes dog food out of chicken...Ch. 6.2 - Purchasing Enormous State Universitys Business...Ch. 6.2 - Nutrition Gerber Products Gerber Mixed Cereal for...Ch. 6.2 - Nutrition Gerber Products Gerber Mixed Cereal for...Ch. 6.2 - Energy Efficiency You are thinking of making your...Ch. 6.2 - Energy Efficiency (Compare with Exercise 31). You...Ch. 6.2 - Prob. 33ECh. 6.2 - Bodybuilding Supplements Exercises 33-36 are based...Ch. 6.2 - Bodybuilding Supplements Exercises 33-36 are based...Ch. 6.2 - Bodybuilding Supplements Exercises 33-36 are based...Ch. 6.2 - Resource Allocation Your salami manufacturing...Ch. 6.2 - Project Design The Megabuck Hospital Corporation...Ch. 6.2 - Prob. 39ECh. 6.2 - Television Advertising On Monday evenings in April...Ch. 6.2 - Prob. 41ECh. 6.2 - Prob. 42ECh. 6.2 - Investments: Financial Stocks (Compare Exercise 41...Ch. 6.2 - Investments: High-Dividend Stocks (Compare...Ch. 6.2 - Planning My friends: I, the mighty Brutus, have...Ch. 6.2 - Prob. 46ECh. 6.2 - Resource Allocation One day, Gillian the magician...Ch. 6.2 - Prob. 49ECh. 6.2 - Prob. 51ECh. 6.2 - Prob. 52ECh. 6.2 - Prob. 53ECh. 6.2 - Prob. 54ECh. 6.2 - Prob. 55ECh. 6.2 - Prob. 56ECh. 6.2 - Prob. 57ECh. 6.2 - Prob. 58ECh. 6.2 - Prob. 59ECh. 6.2 - Create an interesting scenario leading to the...Ch. 6.2 - Use an example to show why there may be no optimal...Ch. 6.2 - Prob. 62ECh. 6.2 - Prob. 63ECh. 6.2 - Prob. 64ECh. 6.2 - Prob. 65ECh. 6.2 - Prob. 66ECh. 6.3 - Maximize p=2x+y Subject to x+2y6 x+y4 x+y4 x0,y0....Ch. 6.3 - Prob. 2ECh. 6.3 - Maximize p=xy Subject to 5x5y20 2x10y40 x0,y0.Ch. 6.3 - Prob. 4ECh. 6.3 - Prob. 5ECh. 6.3 - Prob. 6ECh. 6.3 - Prob. 7ECh. 6.3 - Prob. 8ECh. 6.3 - Prob. 9ECh. 6.3 - Prob. 10ECh. 6.3 - Maximize p=x+y+z+w Subject to x+y+z3 y+z+w4 x+z+w5...Ch. 6.3 - Prob. 12ECh. 6.3 - Prob. 13ECh. 6.3 - Prob. 14ECh. 6.3 - In Exercises 15-20 we suggest the use of...Ch. 6.3 - In Exercises 15-20 we suggest the use of...Ch. 6.3 - Prob. 17ECh. 6.3 - Prob. 18ECh. 6.3 - Prob. 19ECh. 6.3 - Prob. 20ECh. 6.3 - Purchasing You are in charge of purchases at the...Ch. 6.3 - Sales The Marketing Club at your college has...Ch. 6.3 - Resource Allocation Arctic Juice Company makes...Ch. 6.3 - Purchasing Trans Global Tractor Trailers has...Ch. 6.3 - Prob. 25ECh. 6.3 - Resource Allocation You manage an ice cream...Ch. 6.3 - Agriculture Your small farm encompasses 100 acres,...Ch. 6.3 - Agriculture Your farm encompasses 500 acre, and...Ch. 6.3 - Resource Allocation (Compare Exercise 36 in...Ch. 6.3 - Prob. 30ECh. 6.3 - Gaming Exercises 31 and 32 are based on the...Ch. 6.3 - Prob. 32ECh. 6.3 - Prob. 33ECh. 6.3 - Prob. 34ECh. 6.3 - Bodybuilding Supplements Exercises 35 and 36 are...Ch. 6.3 - Prob. 36ECh. 6.3 - Prob. 37ECh. 6.3 - Prob. 38ECh. 6.3 - Loan Planning27 Enormous State Universitys...Ch. 6.3 - Prob. 40ECh. 6.3 - Prob. 41ECh. 6.3 - Prob. 42ECh. 6.3 - Prob. 43ECh. 6.3 - Prob. 44ECh. 6.3 - Transportation Scheduling Your publishing company...Ch. 6.3 - Prob. 46ECh. 6.3 - Prob. 47ECh. 6.3 - Prob. 48ECh. 6.3 - Prob. 49ECh. 6.3 - Are there any types of linear programming problems...Ch. 6.3 - Prob. 51ECh. 6.3 - Prob. 52ECh. 6.3 - What is a basic solution? How might one find a...Ch. 6.3 - Prob. 54ECh. 6.3 - Prob. 55ECh. 6.3 - Prob. 56ECh. 6.4 - Prob. 1ECh. 6.4 - Prob. 2ECh. 6.4 - Prob. 3ECh. 6.4 - Prob. 4ECh. 6.4 - Prob. 5ECh. 6.4 - Prob. 6ECh. 6.4 - Prob. 7ECh. 6.4 - Prob. 8ECh. 6.4 - Prob. 9ECh. 6.4 - Prob. 10ECh. 6.4 - Prob. 11ECh. 6.4 - Prob. 12ECh. 6.4 - Prob. 13ECh. 6.4 - Prob. 14ECh. 6.4 - Prob. 15ECh. 6.4 - Prob. 16ECh. 6.4 - Prob. 17ECh. 6.4 - Prob. 18ECh. 6.4 - Prob. 19ECh. 6.4 - Prob. 20ECh. 6.4 - Prob. 21ECh. 6.4 - Prob. 22ECh. 6.4 - Prob. 23ECh. 6.4 - Prob. 24ECh. 6.4 - Agriculture (Compare Exercise 27 in Section 6.3.)...Ch. 6.4 - Prob. 26ECh. 6.4 - Prob. 27ECh. 6.4 - Purchasing Bingos Copy Center needs to buy white...Ch. 6.4 - Resource Allocation Succulent Citrus produce...Ch. 6.4 - Prob. 30ECh. 6.4 - Latin Music Sales (Digital) You are about to go...Ch. 6.4 - Prob. 32ECh. 6.4 - Gaming Exercises 33-36 are based on the following...Ch. 6.4 - Prob. 34ECh. 6.4 - Prob. 35ECh. 6.4 - Prob. 36ECh. 6.4 - Prob. 37ECh. 6.4 - Nutrition Gerber Products Gerber Mixed Cereal for...Ch. 6.4 - Prob. 39ECh. 6.4 - Purchasing Federal Rent-a-Car is pulling together...Ch. 6.4 - Prob. 41ECh. 6.4 - Prob. 42ECh. 6.4 - Prob. 43ECh. 6.4 - Prob. 44ECh. 6.4 - Prob. 45ECh. 6.4 - Prob. 46ECh. 6.4 - Prob. 47ECh. 6.4 - Prob. 48ECh. 6.4 - Prob. 49ECh. 6.4 - Prob. 50ECh. 6.4 - Prob. 51ECh. 6.4 - Prob. 52ECh. 6.4 - Prob. 53ECh. 6.4 - Prob. 54ECh. 6.4 - Prob. 55ECh. 6.4 - Prob. 56ECh. 6.4 - Prob. 57ECh. 6.4 - Prob. 58ECh. 6.4 - Prob. 59ECh. 6.4 - Prob. 60ECh. 6.4 - Prob. 61ECh. 6.4 - Prob. 62ECh. 6.5 - In Exercises 1-8, write down (without solving) the...Ch. 6.5 - In Exercises 1-8, write down (without solving) the...Ch. 6.5 - Prob. 3ECh. 6.5 - Prob. 4ECh. 6.5 - Prob. 5ECh. 6.5 - Prob. 6ECh. 6.5 - Prob. 7ECh. 6.5 - Prob. 8ECh. 6.5 - Prob. 9ECh. 6.5 - Prob. 10ECh. 6.5 - Prob. 11ECh. 6.5 - Prob. 12ECh. 6.5 - Prob. 13ECh. 6.5 - Prob. 14ECh. 6.5 - Prob. 15ECh. 6.5 - Prob. 16ECh. 6.5 - Prob. 17ECh. 6.5 - Prob. 18ECh. 6.5 - Prob. 19ECh. 6.5 - Prob. 20ECh. 6.5 - Prob. 21ECh. 6.5 - Prob. 22ECh. 6.5 - Prob. 23ECh. 6.5 - Prob. 24ECh. 6.5 - Prob. 25ECh. 6.5 - Prob. 26ECh. 6.5 - Prob. 29ECh. 6.5 - Many of Exercises 29-40 are similar or identical...Ch. 6.5 - Prob. 31ECh. 6.5 - Prob. 32ECh. 6.5 - Prob. 33ECh. 6.5 - Prob. 34ECh. 6.5 - Prob. 35ECh. 6.5 - Prob. 36ECh. 6.5 - Many of Exercises 29-40 are similar or identical...Ch. 6.5 - Prob. 38ECh. 6.5 - Prob. 39ECh. 6.5 - Many of Exercises 29-40 are similar or identical...Ch. 6.5 - Prob. 41ECh. 6.5 - Game Theory: Marketing Your companys new portable...Ch. 6.5 - Prob. 43ECh. 6.5 - Prob. 47ECh. 6.5 - Prob. 48ECh. 6.5 - Give one possible advantage of using duality to...Ch. 6.5 - To ensure that the dual of a minimization problem...Ch. 6.5 - Give an example of a standard minimization problem...Ch. 6.5 - Give an example of a nonstandard minimization...Ch. 6.5 - Prob. 53ECh. 6.5 - Prob. 54ECh. 6.5 - Prob. 55ECh. 6 - In Exercises 1-4, sketch the region corresponding...Ch. 6 - Prob. 2RECh. 6 - Prob. 3RECh. 6 - In Exercises 1-4, sketch the region corresponding...Ch. 6 - In Exercises 5-8, solve the given linear...Ch. 6 - Prob. 6RECh. 6 - Prob. 7RECh. 6 - Prob. 8RECh. 6 - Prob. 9RECh. 6 - Prob. 10RECh. 6 - Prob. 11RECh. 6 - Prob. 12RECh. 6 - Prob. 13RECh. 6 - Prob. 14RECh. 6 - Prob. 15RECh. 6 - In Exercises 9-18, solve the given linear...Ch. 6 - Prob. 17RECh. 6 - Prob. 18RECh. 6 - Prob. 19RECh. 6 - Prob. 20RECh. 6 - Prob. 21RECh. 6 - Prob. 22RECh. 6 - Prob. 23RECh. 6 - Prob. 24RECh. 6 - In Exercises 23-26, solve the game with the given...Ch. 6 - Prob. 26RECh. 6 - Prob. 27RECh. 6 - Exercises 27-30 are adapted from the Actuarial...Ch. 6 - Prob. 29RECh. 6 - Prob. 30RECh. 6 - Prob. 31RECh. 6 - Prob. 32RECh. 6 - In Exercises 31-34, you are the buyer for...Ch. 6 - Prob. 34RECh. 6 - Investments Marjory Duffins portfolio manager has...Ch. 6 - Prob. 36RECh. 6 - Prob. 37RECh. 6 - Prob. 38RECh. 6 - Prob. 39RECh. 6 - Prob. 40RECh. 6 - Prob. 41RECh. 6 - Degree Requirements No sooner had the new and...Ch. 6 - Prob. 43RECh. 6 - Prob. 44RECh. 6 - Prob. 45RECh. 6 - Prob. 46RE
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