The American Safety Council has allocated $500,000 for projects designed to prevent automobile accidents. Four proposals were submitted: (a) TV advertisements, (b) teenage safety education, (c) improved airbags, and (d) enforcement of driving laws. The projects are expected to result in the reduction of both fatalities and property damage, as shown in the table to the right. The council has decided that no single project will be awarded more than $250,000. They also wish to award at least $50,000 for teenage education. Finally, they want to award at least $1 for improved airbags for each dollar awarded for TV advertisements. The federal government, for internal analysis purposes, has as- sessed the average value of a human life as being $400,000. Expected Reduction in Fatalities per $1,000 0.25 0.32 0.15 0.28 Average property damage averted per $1,000 300 500 Project A TV Advert B Teenage educatio Airbags C D Laws 250 500000 Budget Life Value 400000 250000 50000 Max award Project B Min Formulate the initial Tableau for the Simplex Method

The American Safety Council has allocated $500,000 for projects designed to prevent automobile accidents. Four proposals were submitted: (a) TV advertisements, (b) teenage safety education, (c) improved airbags, and (d) enforcement of driving laws. The projects are expected to result in the reduction of both fatalities and property damage, as shown in the table to the right. The council has decided that no single project will be awarded more than $250,000. They also wish to award at least $50,000 for teenage education. Finally, they want to award at least $1 for improved airbags for each dollar awarded for TV advertisements. The federal government, for internal analysis purposes, has as- sessed the average value of a human life as being $400,000. Expected Reduction in Fatalities per $1,000 0.25 0.32 0.15 0.28 Average property damage averted per $1,000 300 500 Project A TV Advert B Teenage educatio Airbags C D Laws 250 500000 Budget Life Value 400000 250000 50000 Max award Project B Min Formulate the initial Tableau for the Simplex Method

Intermediate Algebra

19th Edition

ISBN:9780998625720

Author:Lynn Marecek

Publisher:Lynn Marecek

Chapter12: Sequences, Series And Binomial Theorem

Section12.3: Geometric Sequences And Series

Problem 12.57TI: What is the total effect on the economy of a government tax rebate of $1,000 to each household in...

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