Answer:
15
Step-by-step explanation:
PERT estimate is a measuring strategy that is based on a weighted average. It is used in measuring the uncertainty and risk via three estimates to determine an estimated likelihood for a project's cost or period of completion.
The formula is (O + 4M + P) ÷ 6
Where P is the most pessimistic = 29
M is the most likely = 12
O is the most optimistic = 10
Hence we have (10 + [4*12]+ 29) ÷ 6
= (10 + 48 + 29) ÷ 6
= 87÷6 = 14.5 ≈ 15
Rounded figure is equal to 15.
Hence the final answer to the question is 15
Answer:
$42.58
Step-by-step explanation:
You would multiply the price of the item (45.79) by the percentage as a decimal (0.07) and subtract the product.
in this case:
45.79x0.07 = 3.205 (rounded 3.21)
45.79-3.21 = 42.58
Answer:
y = 2*x^2 - 2*x - 24
Step-by-step explanation:
If we have a quadratic function with roots a and b, we can write the equation for that function as:
y = f(x) = A*(x - a)*(x - b)
Where A is the leading coefficient.
In this case, we know that the roots are: 4 and -3
Then the function will be something like:
f(x) = A*(x - 4)*(x - (-3) )
f(x) = A*(x - 4)*(x + 3)
Now we need to determine the value of A.
We also know that the graph of the function passes through the point (3, -12)
This means that:
f(3) = -12
Then:
-12 = A*(3 - 4)*(3 + 3)
-12 = A*(-1)*(6)
-12 = A*(-6)
-12/-6 = A
2 = A
Then the equation is:
y = f(x) = 2*(x - 4)*(x + 3)
Now we need to write this in standard form, so we just need to expand the equation:
y = f(x) = 2*(x^2 + x*3 - x*4 - 4*3)
y = f(x) = 2*(x^2 - x - 12)
y = f(x) = 2*x^2 - 2*x - 24
Then the relation is:
y = 2*x^2 - 2*x - 24
Answer:
Price of widget to break even= $37.9
Step-by-step explanation:
We are told that the equation representing the amount of profit, y, made by the company, in relation to the selling price of each widget, x is;
y = -8x² + 348x - 1705
Now, the company will break even when it has made no profit. That is when, y = 0
Thus;
0 = -8x² + 348x - 1705
Rearranging,
8x² - 348x + 1705 = 0
Using quadratic formula ;
x = [-b ± √(b² - 4ac)]/2a
x = [-8 ± √(-348² - 4•1•1705)]/(2 x 8)
x = $5.63 or $37.87
We'll use $37.87 because it is the highest price for which no profit is made, and higher price means that we could sell least number of products to earn a certain amount of money.
We are told to approximate to nearest cent. Thus,
Price of widget = $37.87 ≈ $37.9
