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expeople1 [14]
3 years ago
6

Two mining fields, Field A and Field B, of a coal mining company produce Lignite and Bituminous coal. The operating cost per day

for Field A and Field B are $55,000 and $45,000, respectively. The recent records at the company indicate that Field A can produce 250 tons of Lignite along with 300 tons of Bituminous coal per day, whereas Field B can produce 200 tons of Lignite along with 450 tons of Bituminous coal per day. The expected demands to be met are 120,000 tons of Lignite and 170,000 tons of Bituminous coal. Leadership wants to minimize the operating costs of the mining fields. Assuming A and B represent number of days Field A and Field B operates respectively. Which equation indicates constraint on the capacity of the Bituminous coal?

Business
1 answer:
Ivan3 years ago
4 0

Answer:

Explanation:

Base on the scenario been described in the question, solver tool has been used in the spreadsheet below to solve a linear programming problem with a minimization objective function and all constraints.

We can locate an attached file below.

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The correct answer is the first option. By protecting the privacy of personal information collected on its website a company like apple would be behaving in a socially responsible way towards its customers. Technology companies like apple have a responsibility to protect the personal information of its customers, if this wasn't the case then people would not buy their products as they would not have any faith in the company.

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3 years ago
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The nominal exchange rate is .80 euros per dollar and the real exchange rate is 4/3. Which of the following prices for a particu
Svetach [21]

Answer:

option (C) $5 in the U.S. and 3 euros in Italy

Explanation:

Data provided in the question:

Nominal exchange rate, E = 0.80 euros per dollar

Real exchange rate = \frac{4}{3}

Now,

Real exchange rate = [ Price of good in US ] ÷ [ Price of Good in Italy ]

= \frac{EPU}{PI}

Here,

PU = Price of US in dollars

PI = Price of Italy in Euros

Thus,

Real exchange in rate

\frac{4}{3} = \frac{0.8PU}{PI}

or

\frac{PU}{PI} = \frac{5}{3}

hence,

we get

Ratio of Price of a good in US to Price of a Good in Italy = \frac{5}{3}

or

we can say $5 in the U.S. and 3 euros in Italy

option (C) $5 in the U.S. and 3 euros in Italy

4 0
3 years ago
For the month of September, Florida, Inc., incurs a direct materials cost of $12,000 for 7,500 gallons of strawberry lemonade pr
Ludmilka [50]

Answer:

$0.10 is the correct answer.

Explanation:

8 0
2 years ago
The receivers of the communication must accommodate their perceived multiple meanings and personal agendas and then negotiate a
andriy [413]

Answer:

A. True

Explanation:

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3 years ago
You are given the market demand function Q=2800-1000p, and that each duopoly firm's marginal cost is $0.07 per unit, which impli
Fed [463]

Answer:

q1 = 910

q2 = 910

Explanation:

Given:

Q = 2800 - 1000p

Marginal cost = $0.07 per unit

Q = 2800 - 1000p

p = \frac{2800 - Q}{1000}

p = \frac{2800- q_1 - q_2}{1000}

Let's calculate profit of firm 1:

TR = p1 q1

= \frac{2800 q_1 - q_1^2 - q_1 q_2}{1000}

MR = \frac{2800 - 2q_1 - q_2}{1000}

MR = MC = 0.07

\frac{2800 - 2q_1 - q_2}{1000} = 0.07

Cross multiplying:

2800 - 2q₁ - q₂ = 70

2800 - 2q₁ = 70 + q₂

2800 - 70 - 2q₁ = q₂

2730 - 2q₁ = q₂...............(1)

Let's calculate profit of firm 2:

TR = p₁ q₂

= \frac{2800 q_2 - q_1 - q_2^2}{1000}

\frac{2800 - q_1 - 2q_2}{1000} = MR

MR = MC = 0.07

\frac{2800 - q_1 - 2q_2}{1000} = 0.07

Cross multiplying:

2800 - q₁ - 2q₂ = 70

2800 - 2q₂ = 70 + q₁

2800 - 70 - 2q₂ = q₁

2730 - 2q₂ = q₁................... (2)

Substitute 2730 - 2q₂ for q₁ in (1)...

Thus:

2730 - 2q₁ = q₂

2730 - 2(2730 - 2q₂) = q₂

2730 - 5460 + 4q₂ = q₂

-2730 + 4q₂ = q₂

-2730 = q₂ - 4q₂

-2730 = - 3q₂

q₂ = -2730/-3

q₂ = 910

Substituting 910 for q₂ in (2):

2730 - 2q₂ = q₁

2730 - 2(910)= q₁

2730 - 1820 = q₁

910 = q₁

q₁ = 910

The Cournot equilibrium quantities are: q₁= 910; and q₂ = 910

3 0
3 years ago
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