Finite Mathematics
7th Edition
ISBN: 9781337280426
Author: Stefan Waner, Steven Costenoble
Publisher: Cengage Learning
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Textbook Question
Chapter 5.5, Problem 42E
Game Theory: Marketing Your company’s new portable phone/music player/browser/bottle washer, the Run-Man, will compete against the established market leader, the iNod, in a saturated market. (Thus, for each device you sell, one fewer iNod is sold.) You are planning to launch the RunMan with a traveling road show, concentrating on two cities: New York and Boston. The makers of the iNod will do the same to try to maintain their sales. If, on a given day, you both go to New York, you will lose 1,000 units in sales to the iNod. If you both go to Boston, you will lose 750 units in sales. On the other hand, if you go to New York and your competitor to Boston, you will gain 1,500 units in sales from them. If you go to Boston and they to New York, you will gain 500 units in sales. What percentage of time should you spend in New York and what percentage in Boston, and how do you expect your sales to be affected?
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especially in the field of robotics. There are three big companies that rule the city: Granville, Axcel, and Hamada. The Granville company controls about 50% of the total robot manufacturing in the city of San Fransokyo; Axcel company controls 35%; while the rest is controlled by the Hamadacompany. Based on the information you have obtained, it turns out that 3% of the robots made by Granville have problems with the sensing ability ofthe robot. As much as 5% robots made by Axcel and 1% robots made by Hamada also have the same problem. You want to buy a robot to help with your business and randomly pick up exactly one robot from the three companies. After the item arrives, you do a test, and it turns out that the robot is experiencing a malfunction in its sensing component. Using the Bayes Rule approach, which company is predicted to make the robot you bought? Justify your answer with adequate calculations!
The city of San Fransokyo is a high-tech city, especially in the field of robotics. There are three big companies that rule the city: Granville, Axcel, and Hamada. The Granville company controls about 50% of the total robot manufacturing in the city of San Fransokyo; Axcel company controls 35%; while the rest is controlled by the Hamada company. Based on the information you have obtained, it turns out that 3% of the robots made by Granville have problems with the sensing ability of the robot. As much as 5% robots made by Axcel and 1% robots made by Hamada also have the same problem. You want to buy a robot to help with your business and randomly pick up exactly one robot from the three companies. After the item arrives, you do a test, and it turns out that the robot is experiencing a malfunction in its sensing component. Using the Bayes Rule approach, which company is predicted to make the robot you bought? Justify your answer with adequate calculations!
Chapter 5 Solutions
Finite Mathematics
Ch. 5.1 - In Exercises 1-26, sketch the region that...Ch. 5.1 - In Exercises 1-26, sketch the region that...Ch. 5.1 - In Exercises 1-26, sketch the region that...Ch. 5.1 - In Exercises 1-26, sketch the region that...Ch. 5.1 - In Exercises 1-26, sketch the region that...Ch. 5.1 - Prob. 6ECh. 5.1 - In Exercises 1-26, sketch the region that...Ch. 5.1 - In Exercises 1-26, sketch the region that...Ch. 5.1 - Prob. 9ECh. 5.1 - In Exercises 1-26, sketch the region that...
Ch. 5.1 - In Exercises 1-26, sketch the region that...Ch. 5.1 - In Exercises 1-26, sketch the region that...Ch. 5.1 - In Exercises 1-26, sketch the region that...Ch. 5.1 - Prob. 14ECh. 5.1 - In Exercises 1-26, sketch the region that...Ch. 5.1 - In Exercises 1-26, sketch the region that...Ch. 5.1 - In Exercises 1-26, sketch the region that...Ch. 5.1 - In Exercises 1-26, sketch the region that...Ch. 5.1 - In Exercises 1-26, sketch the region that...Ch. 5.1 - In Exercises 1-26, sketch the region that...Ch. 5.1 - Prob. 21ECh. 5.1 - Prob. 22ECh. 5.1 - Prob. 23ECh. 5.1 - In Exercises 1-26, sketch the region that...Ch. 5.1 - In Exercises 1-26, sketch the region that...Ch. 5.1 - In Exercises 1-26, sketch the region that...Ch. 5.1 - Prob. 27ECh. 5.1 - In Exercises 27-32, we suggest that you use...Ch. 5.1 - Prob. 29ECh. 5.1 - In Exercises 27-32, we suggest that you use...Ch. 5.1 - Prob. 31ECh. 5.1 - In Exercises 27-32, we suggest that you use...Ch. 5.1 - Resource Allocation You manage an ice cream...Ch. 5.1 - Resource Allocation Podunk Institute of Technologs...Ch. 5.1 - Nutrition, Ruff, Inc. makes dog food out of...Ch. 5.1 - Purchasing Enormous State Universitys Business...Ch. 5.1 - Nutrition Gerber Products Gerber Mixed Cereal for...Ch. 5.1 - Prob. 38ECh. 5.1 - Municipal Bond Funds The Pioneer Investment...Ch. 5.1 - Mutual Funds In 2015, the Phoenix/Zweig Advisors...Ch. 5.1 - Investments: Financial Stocks (Compare Exercise 51...Ch. 5.1 - Revenue The following spreadsheet gives annual...Ch. 5.1 - Prob. 43ECh. 5.1 - Prob. 44ECh. 5.1 - Prob. 45ECh. 5.1 - Prob. 46ECh. 5.1 - Prob. 47ECh. 5.1 - Prob. 48ECh. 5.1 - Prob. 49ECh. 5.1 - Prob. 50ECh. 5.1 - In Exercises 51-54, you are mixing x grams of...Ch. 5.1 - In Exercises 51-54, you are mixing x grams of...Ch. 5.1 - In Exercises 51-54, you are mixing x grams of...Ch. 5.1 - Prob. 54ECh. 5.1 - Prob. 55ECh. 5.1 - Prob. 56ECh. 5.1 - Prob. 57ECh. 5.1 - Prob. 58ECh. 5.2 - Exercises 1-24, solve the given LP problem. If no...Ch. 5.2 - Exercises 1-24, solve the given LP problem. If no...Ch. 5.2 - Exercises 1-24, solve the given LP problem. If no...Ch. 5.2 - Exercises 1-24, solve the given LP problem. If no...Ch. 5.2 - Exercises 1-24, solve the given LP problem. If no...Ch. 5.2 - Prob. 6ECh. 5.2 - Prob. 7ECh. 5.2 - Exercises 1-24, solve the given LP problem. If no...Ch. 5.2 - Exercises 1-24, solve the given LP problem. If no...Ch. 5.2 - Exercises 1-24, solve the given LP problem. If no...Ch. 5.2 - Prob. 11ECh. 5.2 - Prob. 12ECh. 5.2 - Prob. 13ECh. 5.2 - Exercises 1-24, solve the given LP problem. If no...Ch. 5.2 - Exercises 1-24, solve the given LP problem. If no...Ch. 5.2 - Exercises 1-24, solve the given LP problem. If no...Ch. 5.2 - Prob. 17ECh. 5.2 - Exercises 1-24, solve the given LP problem. If no...Ch. 5.2 - Exercises 1-24, solve the given LP problem. If no...Ch. 5.2 - Exercises 1-24, solve the given LP problem. If no...Ch. 5.2 - Prob. 21ECh. 5.2 - Prob. 22ECh. 5.2 - Prob. 23ECh. 5.2 - Prob. 24ECh. 5.2 - Resource Allocation You manage an ice cream...Ch. 5.2 - Resource Allocation Podunk Institute of...Ch. 5.2 - Nutrition Ruff, Inc. makes dog food out of chicken...Ch. 5.2 - Purchasing Enormous State Universitys Business...Ch. 5.2 - Nutrition Gerber Products Gerber Mixed Cereal for...Ch. 5.2 - Nutrition Gerber Products Gerber Mixed Cereal for...Ch. 5.2 - Energy Efficiency You are thinking of making your...Ch. 5.2 - Energy Efficiency (Compare with Exercise 31). You...Ch. 5.2 - Prob. 33ECh. 5.2 - Bodybuilding Supplements Exercises 33-36 are based...Ch. 5.2 - Bodybuilding Supplements Exercises 33-36 are based...Ch. 5.2 - Bodybuilding Supplements Exercises 33-36 are based...Ch. 5.2 - Resource Allocation Your salami manufacturing...Ch. 5.2 - Project Design The Megabuck Hospital Corporation...Ch. 5.2 - Prob. 39ECh. 5.2 - Television Advertising On Monday evenings in April...Ch. 5.2 - Prob. 41ECh. 5.2 - Prob. 42ECh. 5.2 - Investments: Financial Stocks (Compare Exercise 41...Ch. 5.2 - Investments: High-Dividend Stocks (Compare...Ch. 5.2 - Planning My friends: I, the mighty Brutus, have...Ch. 5.2 - Prob. 46ECh. 5.2 - Prob. 47ECh. 5.2 - Management21 You are the service manager for a...Ch. 5.2 - If a linear programming problem has a bounded,...Ch. 5.2 - If a linear programming problem has an unbounded,...Ch. 5.2 - Prob. 53ECh. 5.2 - Prob. 54ECh. 5.2 - Prob. 55ECh. 5.2 - Prob. 56ECh. 5.2 - Prob. 57ECh. 5.2 - Prob. 58ECh. 5.2 - Prob. 59ECh. 5.2 - Prob. 60ECh. 5.2 - Prob. 61ECh. 5.2 - Prob. 62ECh. 5.2 - You are setting up an LP problem for Fly-by-Night...Ch. 5.2 - Prob. 64ECh. 5.2 - Prob. 65ECh. 5.2 - Prob. 66ECh. 5.3 - Maximize p=2x+y Subject to x+2y6 x+y4 x+y4 x0,y0....Ch. 5.3 - Maximize p=x Subject to xy4 x+3y4 x0,y0. [HINT:...Ch. 5.3 - Maximize p=xy Subject to 5x5y20 2x10y40 x0,y0.Ch. 5.3 - Maximize p=2x+3y Subject to 3x+8y24 6x+4y30 x0,y0.Ch. 5.3 - Maximize p=5x4y+3z Subject to 5x+5z100 5y5z50...Ch. 5.3 - Maximize p=6x+y+3z Subject to 3x+y15 2x+2y+2z20...Ch. 5.3 - Prob. 7ECh. 5.3 - Maximize p=3x+4y+2z Subject to 3x+y+z5 x+2y+z5...Ch. 5.3 - Prob. 9ECh. 5.3 - Maximize z=3x1+4x2+6x3 Subject to 5x1x2+x31,500...Ch. 5.3 - Prob. 11ECh. 5.3 - Prob. 12ECh. 5.3 - Prob. 13ECh. 5.3 - Maximize p=x+2y+z+2w+v Subject to x+y1 y+z2 z+w3...Ch. 5.3 - In Exercises 15-20 we suggest the use of...Ch. 5.3 - In Exercises 15-20 we suggest the use of...Ch. 5.3 - Prob. 17ECh. 5.3 - In Exercises 15-20 we suggest the use of...Ch. 5.3 - Prob. 19ECh. 5.3 - In Exercises 15-20 we suggest the use of...Ch. 5.3 - Purchasing You are in charge of purchases at the...Ch. 5.3 - Prob. 22ECh. 5.3 - Resource Allocation Arctic Juice Company makes...Ch. 5.3 - Purchasing Trans Global Tractor Trailers has...Ch. 5.3 - Resource Allocation The Enormous State University...Ch. 5.3 - Prob. 26ECh. 5.3 - Agriculture Your small farm encompasses 100 acres,...Ch. 5.3 - Agriculture Your farm encompasses 500 acre, and...Ch. 5.3 - Prob. 29ECh. 5.3 - Resource Allocation Repeat Exercise 29, but this...Ch. 5.3 - Prob. 31ECh. 5.3 - Prob. 32ECh. 5.3 - Recycling Safety-Kleen operates the worlds largest...Ch. 5.3 - Recycling Repeat Exercise 33, but this time assume...Ch. 5.3 - Bodybuilding Supplements Exercises 35 and 36 are...Ch. 5.3 - Prob. 36ECh. 5.3 - Investing Exercises 37 and 38 are based on the...Ch. 5.3 - Prob. 38ECh. 5.3 - Prob. 39ECh. 5.3 - Investments You have $100,000 that you are...Ch. 5.3 - Prob. 41ECh. 5.3 - Prob. 42ECh. 5.3 - Prob. 43ECh. 5.3 - Prob. 44ECh. 5.3 - Transportation Scheduling Your publishing company...Ch. 5.3 - Prob. 46ECh. 5.3 - Prob. 47ECh. 5.3 - Prob. 48ECh. 5.3 - Prob. 49ECh. 5.3 - Are there any types of linear programming problems...Ch. 5.3 - Prob. 51ECh. 5.3 - Prob. 52ECh. 5.3 - What is a basic solution? How might one find a...Ch. 5.3 - Prob. 54ECh. 5.3 - Prob. 55ECh. 5.3 - Prob. 56ECh. 5.4 - Maximize p=x+y subject to x+2y6 x+y4 2x+y8 x0,y0...Ch. 5.4 - Maximize p=3x+2y subject to x+3y6 x+y4 2x+y8 x0,y0...Ch. 5.4 - Prob. 3ECh. 5.4 - Maximize p=x+2y subject to x+y25 y10 2xy0 x0,y0.Ch. 5.4 - Maximize p=2x+5y+3z subject to x+y+z150 x+y+z100...Ch. 5.4 - Maximize p=3x+2y+2z subject to x+y+2z38 2x+y+z24...Ch. 5.4 - Maximize p=10x+20y+15z subject to x+2y+z40 2yz10...Ch. 5.4 - Maximize p=10x+10y+15z subject to xy+z12 2x2y+z15...Ch. 5.4 - Prob. 9ECh. 5.4 - Maximize p=x+y+4z+2w subject to x+y+z+w50 2x+yzw10...Ch. 5.4 - Minimize c=6x+6y subject to x+2y20 2x+y20 x0,y0.Ch. 5.4 - Minimize c=3x+2y subject to x+2y20 2x+y10 x0,y0Ch. 5.4 - Prob. 13ECh. 5.4 - Minimize c=2x+2y+3z subject to x+z100 2x+y50 y+z50...Ch. 5.4 - Minimize c=50x+50y+11z subject to 2x+z3 2x+yz2...Ch. 5.4 - Prob. 16ECh. 5.4 - Prob. 17ECh. 5.4 - Prob. 18ECh. 5.4 - Prob. 19ECh. 5.4 - In Exercises 19-24, we suggest the use of...Ch. 5.4 - Prob. 21ECh. 5.4 - In Exercises 19-24, we suggest the use of...Ch. 5.4 - In Exercises 19-24, we suggest the use of...Ch. 5.4 - Prob. 24ECh. 5.4 - Agriculture (Compare Exercise 27 in Section 6.3.)...Ch. 5.4 - Agriculture (Compare Exercise 28 in Section 6.3.)...Ch. 5.4 - Politics The political pollster Canter preparing...Ch. 5.4 - Prob. 28ECh. 5.4 - Resource Allocation Succulent Citrus produce...Ch. 5.4 - Resource Allocation Fancy Pineapple produces...Ch. 5.4 - Latin Music Sales (Digital) You are about to go...Ch. 5.4 - Prob. 32ECh. 5.4 - Prob. 33ECh. 5.4 - Prob. 34ECh. 5.4 - Gaming Exercises 33-36 are based on the following...Ch. 5.4 - Prob. 36ECh. 5.4 - Prob. 37ECh. 5.4 - Prob. 38ECh. 5.4 - Prob. 39ECh. 5.4 - Purchasing Federal Rent-a-Car is pulling together...Ch. 5.4 - Prob. 41ECh. 5.4 - Prob. 42ECh. 5.4 - Prob. 43ECh. 5.4 - Prob. 44ECh. 5.4 - Transportation Scheduling We return 10 your...Ch. 5.4 - Prob. 46ECh. 5.4 - Finance Senator Porkbarrel habitually overdraws...Ch. 5.4 - Prob. 48ECh. 5.4 - Transportation Scheduling Your publishing company...Ch. 5.4 - Transportation Scheduling Repeat Exercise 49, but...Ch. 5.4 - Prob. 51ECh. 5.4 - Prob. 52ECh. 5.4 - Prob. 53ECh. 5.4 - Prob. 54ECh. 5.4 - Prob. 55ECh. 5.4 - Prob. 56ECh. 5.4 - Prob. 57ECh. 5.4 - Prob. 58ECh. 5.4 - Prob. 59ECh. 5.4 - Prob. 60ECh. 5.4 - Prob. 61ECh. 5.4 - Prob. 62ECh. 5.5 - In Exercises 1-8, write down (without solving) the...Ch. 5.5 - In Exercises 1-8, write down (without solving) the...Ch. 5.5 - In Exercises 1-8, write down (without solving) the...Ch. 5.5 - Prob. 4ECh. 5.5 - In Exercises 1-8, write down (without solving) the...Ch. 5.5 - Prob. 6ECh. 5.5 - In Exercises 1-8, write down (without solving) the...Ch. 5.5 - Prob. 8ECh. 5.5 - In Exercises 9-22, solve the given standard...Ch. 5.5 - In Exercises 9-22, solve the given standard...Ch. 5.5 - Prob. 11ECh. 5.5 - In Exercises 9-22, solve the given standard...Ch. 5.5 - Prob. 13ECh. 5.5 - In Exercises 9-22, solve the given standard...Ch. 5.5 - In Exercises 9-22, solve the given standard...Ch. 5.5 - Prob. 16ECh. 5.5 - Prob. 17ECh. 5.5 - Prob. 18ECh. 5.5 - Prob. 19ECh. 5.5 - In Exercises 9-22, solve the given standard...Ch. 5.5 - Prob. 21ECh. 5.5 - Prob. 22ECh. 5.5 - Prob. 23ECh. 5.5 - In Exercises 23-28, solve the game with the given...Ch. 5.5 - In Exercises 23-28, solve the game with the given...Ch. 5.5 - Prob. 26ECh. 5.5 - Many of Exercises 29-40 are similar or identical...Ch. 5.5 - Many of Exercises 29-40 are similar or identical...Ch. 5.5 - Prob. 31ECh. 5.5 - Many of Exercises 29-40 are similar or identical...Ch. 5.5 - Prob. 33ECh. 5.5 - Many of Exercises 29-40 are similar or identical...Ch. 5.5 - Many of Exercises 29-40 are similar or identical...Ch. 5.5 - Many of Exercises 29-40 are similar or identical...Ch. 5.5 - Many of Exercises 29-40 are similar or identical...Ch. 5.5 - Prob. 38ECh. 5.5 - Prob. 39ECh. 5.5 - Many of Exercises 29-40 are similar or identical...Ch. 5.5 - Prob. 41ECh. 5.5 - Game Theory: Marketing Your companys new portable...Ch. 5.5 - Game Theory: Morra Games A three-finger Morra game...Ch. 5.5 - Prob. 47ECh. 5.5 - Prob. 48ECh. 5.5 - Prob. 49ECh. 5.5 - Prob. 50ECh. 5.5 - Prob. 51ECh. 5.5 - Prob. 52ECh. 5.5 - Prob. 53ECh. 5.5 - Prob. 54ECh. 5.5 - Prob. 55ECh. 5 - In Exercises 1-4, sketch the region corresponding...Ch. 5 - Prob. 2RECh. 5 - Prob. 3RECh. 5 - Prob. 4RECh. 5 - In Exercises 5-8, solve the given linear...Ch. 5 - In Exercises 5-8, solve the given linear...Ch. 5 - Prob. 7RECh. 5 - Prob. 8RECh. 5 - Prob. 9RECh. 5 - Prob. 10RECh. 5 - Prob. 11RECh. 5 - Prob. 12RECh. 5 - In Exercises 9-18, solve the given linear...Ch. 5 - Prob. 14RECh. 5 - Prob. 15RECh. 5 - Prob. 16RECh. 5 - In Exercises 9-18, solve the given linear...Ch. 5 - Prob. 18RECh. 5 - Prob. 19RECh. 5 - Prob. 20RECh. 5 - Prob. 21RECh. 5 - Prob. 22RECh. 5 - Prob. 23RECh. 5 - Prob. 24RECh. 5 - Prob. 25RECh. 5 - Prob. 26RECh. 5 - Prob. 27RECh. 5 - Prob. 28RECh. 5 - Prob. 29RECh. 5 - Prob. 30RECh. 5 - In Exercises 31-34, you are the buyer for...Ch. 5 - In Exercises 31-34, you are the buyer for...Ch. 5 - In Exercises 31-34, you are the buyer for...Ch. 5 - Prob. 34RECh. 5 - Investments Marjory Duffins portfolio manager has...Ch. 5 - Prob. 36RECh. 5 - Prob. 37RECh. 5 - Profit Duffin House, which is now the largest...Ch. 5 - Prob. 39RECh. 5 - Purchases You are about to place book orders from...Ch. 5 - Degree Requirements During his lunch break, John...Ch. 5 - Prob. 42RECh. 5 - Shipping On the same day that the sales department...Ch. 5 - Prob. 44RECh. 5 - Prob. 45RECh. 5 - Prob. 46RE
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- The Conch Café, located in Gulf Shores, Alabama, features casual lunches with a great view of the Gulf of Mexico. To accommodate the increase in business during the summer vacation season, Fuzzy Conch, the owner, hires a large number of servers as seasonal help. When he interviews a prospective server, he would like to provide data on the amount a server can earn in tips. He believes that the amount of the bill and the number of diners are both related to the amount of the tip. He gathered the following sample information. Customer Amount of Tip Amount of Bill Number of Diners Customer Amount of Tip Amount of Bill Number of Diners 1 $ 7.00 $ 48.97 5 16 $ 3.30 $ 23.59 2 2 4.50 28.23 4 17 3.50 22.30 2 3 1.00 10.65 1 18 3.25 32.00 2 4 2.40 19.82 3 19 5.40 50.02 4 5 5.00 28.62 3 20 2.25 17.60 3 6 4.25 24.83 2 21 5.50 44.47 4 7 0.50 6.24 1 22 3.00 20.27 2…arrow_forwardThe Conch Café, located in Gulf Shores, Alabama, features casual lunches with a great view of the Gulf of Mexico. To accommodate the increase in business during the summer vacation season, Fuzzy Conch, the owner, hires a large number of servers as seasonal help. When he interviews a prospective server, he would like to provide data on the amount a server can earn in tips. He believes that the amount of the bill and the number of diners are both related to the amount of the tip. He gathered the following sample information. Customer Amount of Tip Amount of Bill Number of Diners Customer Amount of Tip Amount of Bill Number of Diners 1 $ 6.05 $ 73.22 1 16 $ 3.30 $ 23.59 2 2 4.50 28.23 4 17 3.50 22.30 2 3 1.00 10.65 1 18 3.25 32.00 2 4 2.40 19.82 3 19 5.40 50.02 4 5 5.00 28.62 3 20 2.25 17.60 3 6 4.25 24.83 2 21 1.40 41.80 5 7 .50 6.25 1 22 3.00 20.27 2…arrow_forwardA certain company makes three grades (A, B, and C) of a particular electrical component. Historically, grade A components have a 2 percent defective rate, grade B components have a 5 percent defective rate, and grade C components have a 10 percent defective rate. Since grade A components are less likely to be defective, the company can charge more money for those components than it can charge for the grade B or C components. Similarly, the company can charge more money for grade B components than it can charge for grade C components. Recently, the company found a batch of components in a warehouse that were known to be of the same grade, but the grade was not labeled on the components. To determine the grade (A, B, or C), the company selected from that batch a random sample of 200 components, which contained 16 defective components. a) Construct and interpret a 95 percent confidence interval for the proportion of defective components in the batch.b) Does the interval calculated in…arrow_forward
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