Finance

The Kirschner Company has a contract to produce garden hoses for a customer. Kirschner has 5 different machines that can produce this kind of hose. Write the constraint that indicates they have to use at least three of the five machines in their production.
Answer
Y1 + Y2 + Y3 + Y4
+ Y5 ≤ 3
Y1 + Y2 + Y3 + Y4
+ Y5 = 3
Y1 + Y2 + Y3 + Y4
+ Y5 ≥ 3
none of the above
Question 20
The following table represents the cost to ship from Distribution Center 1, 2, or 3 to Customer A, B, or C.
(chart would not copy/paste)
The constraint that represents the quantity demanded by Customer B is:
Answer
6X1B + 2X2B + 8X3B ≤ 350
6X1B + 2X2B + 8X3B = 350
X1B + X2B + X3B ≤ 350
X1B + X2B + X3B = 350
Question 21
A professor needs help from 3 student helpers to complete 4 tasks. The first task is grading; the second is scanning; the third is copying, and the fourth is organizing student portfolios. The estimated time for each student to do each task is given in the matrix below.
(chart would not copy/paste)
Which of the following constraints represents the assignment for student A?
Answer

XA1 +XA2 + XA3 + XA4 = 0
XA1 +XA2 + XA3 + XA4 = 1
XA1 +XA2 + XA3 + XA4 ≥ 1
XA1 +XA2 + XA3 + XA4 ≥ 0
Question 22
Assume that it takes a college student an average of 5 minutes to find a parking spot in the main parking lot. Assume also that this time is normally distributed with a standard deviation of 2 minutes. What percentage of the students will take between 2 and 6 minutes to find a parking spot in the main parking lot?
Answer
11.13%
47.72%
43.32%
62.47%

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