Solve the following problem using the Simplex method and graphical method: Maximize Z = f(x,y) = 3x + 2y subject to: 2x + y s 18 2x + 3y s 42 3x + ys 24

It costs a company $3,500 to produce 3,000 pencils whereas it costs the company $1,500a month even if they don't produce any pencils. If they sell the pencils for $0.75 and thecost, revenue, and profit functions are linear, determine how many pencils they must makein a month to break even

The demand and supply functions for your college newspaper are, q = -11,000p + 4,400 and q = 2,000p + 500, respectively, where p is the price in dollars. At what price should the newspapers be sold so that there is neither a surplus nor a shortage of papers?

ONLY ANSWER B3!!! The inventory manager at a warehouse distributor wants to predict inventory cost (Cost in $) based on order quantity (Quantity in units). She thinks it may be a nonlinear relationship because its two primary components move in opposite directions: (1) order processing cost (costs of procurement personnel, shipping, transportation), which decreases as order quantity increases (due to fewer orders needed), and (2) holding cost (costs of capital, facility, warehouse personnel, equipment), which increases as order quantity increases (due to more inventory held). She has collected monthly inventory costs and order quantities for the past 36 months. A portion of the data is shown in the accompanying table.  Cost Quantity 54.4 844 52.1 503 60.2 300 53.8 869 51.7 525 57.1 1030 61.1 288 49.8 577 53.9 490 48.2 588 47.5 606 57.4 325 59.6 1160 58.2 1072 58.7 308 58.1 1140 48.4 627 63.4 214 62.5 207 62.5 1174 62.7 1190 61.2 1166…