Answer: Min 5KS+6ND+8WA
Explanation:
For the objective function to be formulated, we have to minimize the cost. For this to be done, the capacity constraint which is given in the question as 22000 ton/year has to be satisfied.
For this question, the objective function will be to minimize 5KS + 6ND + 8WA. It should be noted that KS, ND and WA in this context are binary variables where 0 represents non-selected farm and 1 represents selected farm.
Answer:
appurtenant
Explanation:
This is like the right over someone's land for a specific reason or purpose.
It is legal and it is an easement where the right of use is attached to the land itself. The property that benefits from the easement is known as the dominant estate (which is Martin), while the property that is burdened by the easement is known as the servient estate (which is Carl) because it serves the dominant estate.
Answer:
$1,300
Explanation:
Calculation to determine what the market maker’s net profit from Brent’s transaction
First step is to calculate the bid-ask spread using this formula
Bid-ask spread=Ask price-Bid price
Let plug in the formula
Bid-ask spread=$31.80-$30.50
Bid-ask spread=$1.30
Now let calculate the Net profit
Using this formula
Net profit=Bid-ask spread*Shares resell
Net profit=$1.3 x 1000 shares
Net profit=$1,300
Therefore the market maker’s net profit from Brent’s transaction will be $1,300
Answer:
4.0
Explanation:
Degree of operating leverage = Contribution Margin / Income
Degree of operating leverage = 4000,000/1000,000
Degree of operating leverage = 4 times
If the sales are Increased by the X% then the income will be increased by the 4.0*X%.
