A venture capitalist, willing to invest $1,000,000, has three investments to choose from. The first investment, a software company, has a 13% chance of returning $6,000,000 profit, a 20% chance of returning $3,000,000 profit, and a 67% chance of losing the million dollars. The second company, a hardware company, has a 14% chance of returning $6,000,000 profit, a 30% chance of returning $1,500,000 profit, and a 56% chance of losing the million dollars. The third company, a biotech firm, has a 10% chance of returning $7,000,000 profit, a 41% of no profit or loss, and a 49% chance of losing the million dollars. Order the expected values from smallest to largest.   first, third, second second, third, first third, second, first first, second, third second, first, third third, first, second

A company makes three types of candy and packages them in three assortments. Assortment I contains 4 cherry, 4 lemon, and 12 lime candies, and sells for a profit of $4.00. Assortment Il contains 12 cherry, 4 lemon, and 4 lime candies, and sells for a profit of $3.00. Assortment III contains 8 cherry, 8 lemon, and 8 lime candies, and sells for a profit of $5.00. They can make 4,800 cherry, 4,200 lemon, and 5,600 lime candies weekly. How many boxes of each type should the company produce each week in order to maximize its profit (assuming that all boxes produced can be sold)? What is the maximum profit? when OA. The maximum profit is $ assortment III are produced. . boxes of assortment I, boxes of assortment II and boxes of

McJester's Burger Hut plans to expand by opening several new restaurants.  The chain operates two types of restaurants: drive-through and full-service. A drive-through restaurant costs $111,000 to construct, requires 7 employees, and has an expected annual revenue of $205,000. A full-service restaurant costs $184,000 to construct, requires 17 employees, and has an expected annual revenue of $565,000. McJester's has $3,250,000 in capital available for expansion. Labor contracts require that they higher no more than 325 employees. Licensing restrictions require that they open no more than 25 new restaurants. Let x be the number of drive-through restaurants and let y be the number of full-service restaurants in this expansion.  Let R be the expected annual revenue in dollars resulting from the expansion. McJester's wants to maximize the expected revenue.  Set up the linear programming problem. Answer the following questions about this linear programming problem. The question is attached…

A manufacturing company receives orders for engines from two assembly plants. Plant I needs at least 45 engines, and plant II needs at least 32 engines. The company can send at most 120 engines to these assembly plants. It costs $30 per engine to ship to plant I and $40 per engine to ship to plant II. Plant I gives the manufacturing company $20 in rebates toward its products for each engine they buy, while plant Il gives similar $15 rebates. The manufacturer estimates that they need at least $1500 in rebates to cover products they plan to buy from the two plants. How many engines should be shipped to each plant to minimize shipping costs? What is the minimum cost? How many engines should be shipped to each plant to minimize shipping costs, subject to the given constraints? The number of engines to send to plant I is The number of engines to send to plant II is What is the minimum shipping cost, subject to the given constraints? $ Next pts

A venture capitalist, willing to invest $1,000,000, has three investments to choose from. The first investment, a software company, has a 13% chance of returning $11,000,000 profit, a 25% chance of returning $2,000,000 profit, and a 62% chance of losing the million dollars. The second company, a hardware company, has a 14% chance of returning $6,000,000 profit, a 39% chance of returning $3,000,000 profit, and a 47% chance of losing the million dollars. The third company, a biotech firm, has a 7% chance of returning $6,000,000 profit, a 40% of no profit or loss, and a 53% chance of losing the million dollars.Order the expected values from smallest to largest.   third, first, second third, second, first first, second, third first, third, second second, third, first second, first, third

Your school's basketball team is organizing a bus trip to a Toronto Raptors game at the Air Canada Centre. The cost to rent the bus, which can carry up to 52 people, is $380 and the cost of tickets for a group of 20 or more is $29.50 per person. In addition, the team wants to make a $250 profit from this event to help defray the costs of a future tournament. However, the school administration requires that the cost of the trip per person not exceed $45. Is this possible? If so, what is the minimum number of people that must participate in the activity?

McJester's Burger Hut plans to expand by opening several new restaurants.  The chain operates two types of restaurants: drive-through and full-service. A drive-through restaurant costs $111,000 to construct, requires 7 employees, and has an expected annual revenue of $205,000. A full-service restaurant costs $184,000 to construct, requires 17 employees, and has an expected annual revenue of $565,000. McJester's has $3,250,000 in capital available for expansion. Labor contracts require that they higher no more than 325 employees. Licensing restrictions require that they open no more than 25 new restaurants. Let x be the number of drive-through restaurants and let y be the number of full-service restaurants in this expansion.  Let R be the expected annual revenue in dollars resulting from the expansion. McJester's wants to maximize the expected revenue.  Set up the linear programming problem. Answer the following questions about this linear programming problem. The question is attached…

You are the marketing director for a company that manufactures bodybuilding supplements, and you are planning to run ads in Sports Illustrated and GQ Magazine. On the basis of readership data, you estimate that each ad in Sports Illustrated will be read by 600,000 people in your target group, while each ad in GQ will be read by 150,000. You would like your ads to be read by at least 12 million people in the target group, and you plan to place at least 6 ads in Sports Illustrated and at least 8 ads in GQ during the next year. Sports Illustrated quotes you $2000 per ad, while GQ quotes you $1000 per ad. How many ads should be placed in each magazine to satisfy your requirements at a minimum cost? Sports Illustrated ads GQ Magazine ads

A venture capitalist, willing to invest $1,000,000, has three investments to choose from. The first investment, a software company, has a 14% chance of returning $8,000,000 profit, a 19% chance of returning $1,500,000 profit, and a 67% chance of losing the million dollars. The second company, a hardware company, has a 15% chance of returning $9,000,000 profit, a 37% chance of returning $3,500,000 profit, and a 48% chance of losing the million dollars. The third company, a biotech firm, has a 15% chance of returning $6,000,000 profit, a 28% of no profit or loss, and a 57% chance of losing the million dollars.Order the expected values from smallest to largest.   first, third, second third, first, second third, second, first second, first, third first, second, third second, third, first

A venture capitalist, willing to invest $1,000,000, has three investments to choose from. The first investment, a software company, has a 13% chance of returning $4,000,000 profit, a 30% chance of returning $1,500,000 profit, and a 57% chance of losing the million dollars. The second company, a hardware company, has a 14% chance of returning $4,000,000 profit, a 41% chance of returning $1,500,000 profit, and a 45% chance of losing the million dollars. The third company, a biotech firm, has a 5% chance of returning $9,000,000 profit, a 32% of no profit or loss, and a 63% chance of losing the million dollars.Order the expected values from smallest to largest.