Lpp

Question 1 Sean is preparing a load plan for a Chase Shipping freighter destined for China. An agricultural commodities dealer would like to transport three commodity products aboard this ship. The shipping characteristics of these commodities are shown below: Commodity Amount Available in Tons Volume per Ton in cubic feet Profit per Ton 1 4800 […]

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Accounts and debt

Question: The accountant complains to the mathematician: “I lent money to five faculty members and still have not been paid back. You are one of them; the other four owe me 12 dollars altogether, but i don’t remember how much each person owes me separately.” “Are the debts in whole dollars?” “Yes, I do remember […]

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Medical revenue

Worked example on business math. Question 1 An application of Management Science models for hospital planning A large private hospital in Nottingham is seeking to increase revenues by adding extra beds. It presently has 600 beds complete with laboratories, operating rooms and X-ray equipment. It now wants to make a 90-bed addition on a portion […]

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