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- The Megabuck Hospital Corp. is to build a state-subsidized nursing home catering to homeless patients as well as high-income patients. State regulations require that every subsidized nursing home must house a minimum of 760 homeless patients and no more than 800 high-income patients in order to qualify for state subsidies. The overall capacity of the hospital is to be 2,100 patients. The board of directors, under pressure from a neighborhood group, insists that the number of homeless patients should not exceed twice the number of high-income patients. Due to the state subsidy, the hospital will make an average profit of $9,800 per month for every homeless patient it houses, whereas the profit per high-income patient is estimated at $7,800 per month. How many of each type of patient should it house in order to maximize profit? (If an answer does not exist, enter DNE.) high-income patients homeless patients profitThe Megabuck Hospital Corp. is to build a state-subsidized nursing home catering to homeless patients as well as high-income patients. State regulations require that every subsidized nursing home must house a minimum of 750 homeless patients and no more than 900 high-income patients in order to qualify for state subsidies. The overall capacity of the hospital is to be 1,800 patients. The board of directors, under pressure from a neighborhood group, insists that the number of homeless patients should not exceed twice the number of high-income patients. Due to the state subsidy, the hospital will make an average profit of $9,500 per month for every homeless patient it houses, whereas the profit per high-income patient is estimated at $8,000 per month. How many of each type of patient should it house in order to maximize profit? HINT [See Example 3.] (If an answer does not exist, enter DNE.) high-income patients: homeless: profit:The Megabuck Hospital Corp. is to build a state-subsidized nursing home catering to homeless patients as well as high-income patients. State regulations require that every subsidized nursing home must house a minimum of 700 homeless patients and no more than 620 high-income patients in order to qualify for state subsidies. The overall capacity of the hospital is to be 1,800 patients. The board of directors, under pressure from a neighborhood group, insists that the number of homeless patients should not exceed twice the number of high-income patients. Due to the state subsidy, the hospital will make an average profit of $13,000 per month for every homeless patient it houses, whereas the profit per high-income patient is estimated at $9,000 per month. How many of each type of patient should it house in order to maximize profit? Group of answer choices A)700 homeless patients and 1,100 high-income patients B)1,200 homeless patients and 600 high-income patientsC)700 homeless patients…
- The Megabuck Hospital Corp. is to build a state-subsidized nursing home catering to homeless patients as well as high-income patients. State regulations require that every subsidized nursing home must house a minimum of 700 homeless patients and no more than 620 high-income patients in order to qualify for state subsidies. The overall capacity of the hospital is to be 1,800 patients. The board of directors, under pressure from a neighborhood group, insists that the number of homeless patients should not exceed twice the number of high-income patients. Due to the state subsidy, the hospital will make an average profit of $13,000 per month for every homeless patient it houses, whereas the profit per high-income patient is estimated at $9,000 per month. How many of each type of patient should it house in order to maximize profit?The Boeing Company faces a critical strategic choice in its competition with Airbus Industries for the long-haul flight segment: Should it design and build a super-747 model that can carry 550 passengers at speeds around 350 mph, or a plane that can fly at 95 percent of the speed of sound but carry only about 350 passengers? As a member of Boeing's Planning Group, your task is to build a model to investigate the trade-offs involved in this decision.Company ABC has the following information. Please calculate the Z-core for 2021 and 2022 and provide a comment on its performance. Variables 2022 2021 X1(net working capital /total asset) 0.56 0.175 X2(retained earnings/total asset) -0.12 0.08 X3(EBIT/total assets) 0.56 0.69 X4(market value of equity/book value of total liability) 1.2 0.96 X5(sales/total asset) 0.78 0.63 Z-score (1.2X1+1.4X2+3.3X3+0.6X4+1X5) 3.852 3.805
- Federated Electronics, Ltd., manufactures display screensand monitors for computers and televisions, which it sellsto companies around the world. It wants to construct a new warehouse and distribution center in Asia to serve emerg-ing markets there. It has identified potential sites in the port cities of Shanghai, Singapore, Pusan, Kaohsiung, and HongKong and has estimated the possible revenues for each(minus construction costs which are higher in some citieslike Hong Kong). At each site the projected revenues are primarily based on these factors, (1) the economic condi-tions at the port including the projected traffic, infrastruc-ture, labor rates and availability; and expansion and modernization; and (2) the future government situationwhich includes the political stability, fees, tariffs, duties,and trade regulations. Following is a payoff table thatshows the projected revenues (in $ billions) for six years given the four possible combinations for positive and nega-tive port and…Whenever Toronto has severe snow storm, many flights are delayed and Pearson International Airport has to deploy resources to clear the apron, taxiways and runaways to ensure that the airport continues to remain operational in addition to making sure all the departing aircraft are completely de-iced before they take-off. This is a critical safety measure as aircraft with ice buildup on the wings or the fuselage during take-off can be catastrophic. At the same time, the de-icing operation is extremely time consuming and costly, and must be accurately factored into the forecast of an airport's operation to ensure optimal and safe performance. You are the Operations Manager at Pearson International Airport, and after reviewing the snowfall patterns for the last 10 years, you have determined the following probabilities: The chance of having a severe snow storm during the winter season is 0.15 The chance of having major flight delays during the winter season is 0.35 Amongst the days there…Given that sales volumes are forecast to stay steady at 2,000,000 units, the best option is _________________. Group of answer choices 1. Manual Production Line 2. Semi-automatic Production Line 3. Fully Automatic Production Line
- Given that sales volumes are forecast to stay steady at 2,000,000 units, the best option is _________________. 1. Manual Production Line 2. Semi-automatic Production Line 3. Fully Automatic Production LineJ. D. Williams, Inc. is an investment advisory firm that manages more than $120 million in funds for its numerous clients. The company uses an asset allocation model that rec- ommends the portion of each client’s portfolio to be invested in a growth stock fund, an income fund, and a money market fund. To maintain diversity in each client’s portfolio, the firm places limits on the percentage of each portfolio that may be invested in each of the three funds. General guidelines indicate that the amount invested in the growth fund must be between 20% and 40% of the total portfolio value. Similar percentages for the other two funds stipulate that between 20% and 50% of the total portfolio value must be in the income fund and that at least 30% of the total portfolio value must be in the money market fund. In addition, the company attempts to assess the risk tolerance of each client and adjust the portfolio to meet the needs of the individual investor. For example, Williams just con- tracted…Righetti Homes, a custom home builder in Arizona, is currently offering three models in a newly developed residential neighborhood in Scottsdale. The accompanying Specs worksheet includes the information about the three models, including selling prices, material costs, labor costs, buyer incentives (percent of the selling price), and average buyer upgrades (percent of the selling price). Righetti Homes plans to build 50 homes in the neighborhood, and it would like to estimate its total sales and profits in the new residential neighborhood. Model A Model B Model C Selling Price 399,990 499,990 649,990 Material Costs 120,000 150,000 200,000 Labor Costs 150,000 200,000 330,000 Buyer Incentives (percent of the selling price) 3% 5% 6% Average Buyer Upgrades (percent of the selling price) 12% 10% 8% 1. Build a spreadsheet model to help Righetti Homes estimate its total sales and profits in the new residential neighborhood. If Righetti Homes builds 10 Model A homes, what are…