A researcher wants to simulate sunny and rainy days in her town for a 3-week period.

A researcher wants to simulate sunny and rainy days in her town for a 3-week period. What is the minimum number of digits the student must obtain from a random number table for each observation if it rained on two-fifths of the days over the past several years at this time of the year? Assume that days can be classified historically as either sunny or rainy.

Max Z = 3x1 + 5x2

Max Z = 3x1 + 5x2 Subject to: 7x1 + 12x2 <=136 3x1 + 5x2 <+ 36 x1, x2 >= 0 and integer Find the optimal solution. Answer in the form of a solution for Z= enter xx only

Expected value of perfect information

The local operations manager for the IRS must decide whether to hire 1, 2, or 3 temporary workers. He estimates that net revenues will vary with how well taxpayers comply with the new tax code. low medium high # of workers compliance compliance compliance 1 50 50 50 2 100 60 20 3 150 70 -10 If he thinks the chances of low, medium, and high compliance are 20%, 30%, and 50%, respectively, what is his expected value of perfect information?

A constraint with a positive slack value a) will have a positive dual price, b) will have a negative dual price, c) will have a dual price of zero, d) has no restrictions for its dual price

A constraint with a positive slack value will have a positive dual price will have a negative dual price will have a dual price of zero has no restrictions for its dual price

The difference between the transportation and assignment problems is that...

...total supply must equal total demand in the transportation problem. ...the number of origins must equal the number of destinations in the transportation problem. ...each supply and demand value is 1 in the assignment problem. ...there are many deferences between the transportation and assignment problems. ------------------------------------------------------------------------------------------------------- II. A transportation problem with 3 sources and 4 destinations will have 7 terms in the objective function. (true or false) ------------------------------------------------------------------------------------------------------- III. If a real-world pro... click for more