MSE = 1.26, MAD = 0.8, MAPE = 1.93% for the given customer satisfaction data.
To compute the Mean Squared Error (MSE), Mean Absolute Deviation (MAD), and Mean Absolute Percentage Error (MAPE) for the given customer satisfaction data, we first need to calculate the forecast errors.
Let's assume that the forecasted values are as follows:
Month 1: Forecasted Score = 85.0
Month 2: Forecasted Score = 88.0
Month 3: Forecasted Score = 89.5
Month 4: Forecasted Score = 92.0
Month 5: Forecasted Score = 91.0
Next, we calculate the forecast errors by subtracting the forecasted scores from the actual customer satisfaction scores:
Month 1: Error = 88.0 - 85.0 = 3.0
Month 2: Error = 87.7 - 88.0 = -0.3
Month 3: Error = 90.0 - 89.5 = 0.5
Month 4: Error = 93.0 - 92.0 = 1.0
Month 5: Error = 90.8 - 91.0 = -0.2
Now, we can calculate the MSE, MAD, and MAPE:
MSE = (1/n) * Σ(error^2)
MAD = (1/n) * Σ|error|
MAPE = (1/n) * Σ(|error| / actual value) * 100
Using the given data, we have:
MSE = (1/5) * (3.0^2 + (-0.3)^2 + 0.5^2 + 1.0^2 + (-0.2)^2) = 1.26
MAD = (1/5) * (|3.0| + |-0.3| + |0.5| + |1.0| + |-0.2|) = 0.8
MAPE = (1/5) * ((|3.0| / 88.0) + (|-0.3| / 87.7) + (|0.5| / 90.0) + (|1.0| / 93.0) + (|-0.2| / 90.8)) * 100 = 1.93%
Therefore, the MSE is 1.26, the MAD is 0.8, and the MAPE is 1.93%. These measures provide an assessment of the accuracy and precision of the forecasted customer satisfaction scores.
To learn more about customer satisfaction refer here:
https://brainly.com/question/32406737
#SPJ11
jackson company reported accounts receivable of $100,000, total current assets of $200,000, total assets of $400,000, and total liabilities of $275,000 at the end of year 1 and net sales revenue of $500,000 for the year. what is the percentage that will be shown for accounts receivable in the vertical (common size) balance sheet?
The percentage that will be shown for accounts receivable in the vertical (common size) balance sheet.
What is a balance sheet?A balance sheet is a financial statement that lists an organization's assets, liabilities, and shareholder equity. One of the three important financial statements a company's evaluation will focus on is the balance sheet.
According to the percentage that will be shown for accounts receivable in the balance sheet.
Jackson's company accounts receivable of $100,000
total current assets of $200,000
total assets of $400,000
total liabilities of $275,000
net sales revenue of $500,000
percentage of the accounts receivable is
accounts receivable ÷ total assets
$100,000 ÷ $400,000
Percentage= 25%
As a result, the percentage of the balance sheet = 25%
Learn more about on balance sheet, here;
https://brainly.com/question/26323001
#SPJ1
Can someone co-sign on multiple car loans?
I want to get a car right now, but my mom is co-signing on my sister's car. Is she able to co-sign on my car loan as well, or can she only co-sign on one?
Answer:
Yes
Explanation:
I believe so as long as you do the credit check and as long as you can afford the price you should be fine.
I am not 100% sure but I am pretty sure you can. Make sure you get others answers before making a definite decision.
Hope this helps and if it does, don't be afraid to give my answer a "Thanks" and maybe a Brainliest?
Answer:
She should be allowed to co-sign both of you.
Explanation:
Disclaimer: Not an expert on this topic, but can give you relevant info I found.
I goog.led it and it said that she can infact co-sign both of you if she has good enough credit history and is financially stable. Here's the websites that say that:
"You can even co-sign multiple car loans at the same time."
https://www.autocreditexpress.com/blog/can-i-cosign-if-i-have-a-car-loan-already/
https://itstillruns.com/can-cosign-multiple-cars-7746994.html
P.s. the car dealer you go to can also clarify these things more clearly or your bank would be more credible so feel free to reach out to them.
What types of planning can be done to improve a nation’s economy?
A nation can undergo ____ planning or ___ planning in order to improve its economy.
Answer:
A nation can undergo long-term planning or constructive planning in order to improve its economy. Long-term planning involves setting goals and implementing policies that will have an impact over a period of several years. This type of planning may involve investments in education, infrastructure, and research and development, among other areas. Constructive planning involves implementing policies that encourage economic growth and development, such as reducing barriers to trade, promoting entrepreneurship and innovation, and investing in key industries. These types of planning can help a nation to create jobs, increase productivity, and improve living standards for its citizens. THANK YOUWhat source documents can be issued by Thandi to her customers name three types of documents
These source documents serve as evidence of the exchange between Thandi and her customers and are essential for record-keeping and financial reporting.
Sales invoices: Sales invoices are one of the most common source documents issued by Thandi to her customers. These documents include details such as the customer's name, date of sale, description of goods or services sold, unit price, total price, and any applicable taxes. Sales invoices are important because they provide customers with a detailed breakdown of what they purchased and how much they paid.
Receipts: Receipts are another type of source document that Thandi can issue to her customers. These documents serve as proof of payment and include details such as the date of the sale, the amount paid, and the method of payment. Receipts are particularly useful for customers who need to track their expenses and for Thandi's records as well.
Credit notes: If Thandi needs to issue a refund or credit to her customer, she can issue a credit note. These documents include details such as the customer's name, date of the sale, the original amount paid, and the amount being credited back. Credit notes are essential for record-keeping purposes and ensure that both Thandi and her customer have an accurate record of the transaction.
In conclusion, the source documents that Thandi can issue to her customers include sales invoices, receipts, and credit notes. These documents are essential for record-keeping, financial reporting, and serve as evidence of the transactions made between Thandi and her customers.
For more such questions on financial reporting visit:
https://brainly.com/question/28944788
#SPJ11
Jordan Company's annual accounting year ends on December 31. It is now December 31, 2018, and all of the 2018 entries have been made except for the following: a. The company owes interest of $700 on a bank loan. The interest will be paid when the loan is repaid on September 30, 2019. No interest has been recorded b. On September 1, 2018, Jordan collected six months' rent of $4,800 on storage space. At that date, Jordan debited Cash and credited Deferred Revenue for $4,800. C. The company earned service revenue of $3,300 on a special job that was completed December 29, 2018. Collection will be made during January 2019. No entry has been recorded. D. On November 1, 2018, Jordan paid a one-year premium for property insurance of $4,200, for coverage starting on that date. Cash was credited and Prepaid Insurance was debited for this amount. E. At December 31, 2018, wages earned by employees but not yet paid totaled $1,100. The employees will be paid on the next payroll date, January 15, 2019. F. Depreciation of $1,000 must be recognized on a service truck purchased this year. G. The income after all adjustments other than income taxes was $30,000. The company's income tax rate is 30%. Compute and record income tax expense. Required: 1. Give the adjusting journal entry required for each transaction at December 31, 2018. 2. If adjustments were not made each period, the financial results could be materially misstated. Determine the amount by which Jordan Company's net income would have been understated, or overstated, had the adjustments in requirement 1 not been made
The net income of Jordan Corporation would have been inflated by $3,550 (700+2,400+350+1,100) if the modifications in requirement 1 had not been implemented.
Journal Entry Corrections as of December 31, 2018:
a. $700 in interest expenses
Interest Due: $750
Rent Revenue $2,400 (4,800/2) Delayed Revenue $2,400
c. $3,300 in accounts receivable
$3,300 in service revenue
d. $350 in insurance costs (4,200/12*2)
$350 for Prepaid Insurance
e. $1,100 in wages expenses
$1,100 in Payable Wages
f. $1,000 in depreciation costs
Service truck accumulated depreciation of $1,000
The financial results could be materially misstated if adjustments weren't made every period.
The net income of Jordan Corporation would have been inflated by $3,550 (700+2,400+350+1,100) if the modifications in requirement 1 had not been implemented. The understatement of income tax expense by $900 (30% of $3,000) would have resulted in an overstatement of net income after taxes by $2,650.
Learn more about "adjusting journal entries" here:
https://brainly.com/question/17439126
#SPJ4
The ___________ is the organization primarily responsible for establishing governmental auditing standards. GASB PCAOB AICPA GAO FASAB
The GASB (Governmental Accounting Standards Board) is the organization primarily responsible for establishing governmental auditing standards.
Governmental Accounting Standards BoardThe Governmental Accounting Standards Board (GASB), founded in 1984, is an independent, private-sector organization based in Norwalk, Connecticut, that develops accounting and financial reporting standards for state and local governments in the United States that adhere to Generally Accepted Accounting Principles (GAAP).The GASB is in charge of GAAP. The aim of the board is to promote financial reporting that is clear, uniform, transparent, and comparable.While publicly traded firms must follow FASB accounting rules, state and local governments are not compelled to adopt GASB accounting standards.The GASB is primarily funded by accounting support fees paid by municipal bond brokers and dealers.To learn more about Governmental Accounting Standards Board refer to:
https://brainly.com/question/20757640
#SPJ4
Q 9.22: Aledo Manufacturing utilizes a calendar year as its fiscal year and depreciates plant assets using the straight-line method. On January 2nd, 2017, the company purchased a semi-truck for $215,000 with a useful life of ten years and an estimated salvage value of $23,000. On January 1st, 2022, the company decides to extend the useful life to twelve years while decreasing the estimated salvage value to $21,000. What amount will Aledo report as depreciation expense for the year ended December 31st, 2022
Answer:
$3,000
Explanation:
The depreciation expense for the year ended December 31st, 2022 is $3,000
A recurring customer has placed an order for loaves of bread of a specific size and color. the customer has received loaves of bread of a different size and color than that which was ordered. why?
A recurring customer has placed an order for loaves of bread of a specific size and color. The customer has received loaves of bread of a different size and color than that which was ordered. This happened because the staff did not listen or understand properly the order. This shows lack of management, responsibility and accountability in that shop or firm.
In this situation manager should take action to avoid these types of problem in future. As if this exits in the long term in the firm they can face huge loses, depreciate of the brand name, customer dissatisfaction, market instability and can make situation even worse to force them to close or wind up their firm or shop.
Read more about manager on brainly:-
https://brainly.com/question/28017308
#SPJ4
1. below is an example of a diwalidiyas. Extract the different parts of the diyas by making a sketch emphasizing the use of lines, shape forms and color. 2. you may put some accent to make your work more creative .
Answer:
need more info (incomplete)
Explanation:
Which of the following has influenced U.S. banking structure?
a. concern for concentrated financial power
b. historical experience with bank failures and panics
c. states vs. federal authority
d. all of the above
The U.S. banking system has been impacted by (D) all of the above.
What is the U.S. banking structure?The Board of Governors, Federal Reserve Banks (Reserve Banks), and the Federal Open Market Committee are the Federal Reserve System's three main institutions.
The general direction for the System and management of the 12 Reserve Banks are provided by the Board of Governors, an entity of the federal government that is directly accountable to and reports to Congress.
The RBI stated that the regulatory and supervisory framework of NBFCs should be based on a four-layered structure: Base Layer, Middle Layer, Upper Layer, and a possible Top Layer in its discussion paper on the revised regulatory framework for NBFCs.
The U.S. banking structure has been influenced by concerns about concentrated financial power, historical experience with bank failures and panics, and states vs. federal authority.
Therefore, the U.S. banking system has been impacted by (D) all of the above.
Know more about the U.S. banking structure here:
https://brainly.com/question/7568111
#SPJ4
Changes in the cost of living:
a. vary depending on where you live.
b. are constant from month to month.
c. are not a factor when preparing a budget.
d. are the same for all goods and services.
e. are the same for different locations.
Changes in the cost of living vary depending on where you live.
The cost of living is considered to be the amount of money which is needed in order to cover basic expenses such as food, housing, taxes, and healthcare in a certain place and time period. Thus, the cost of living is often used in order to compare how expensive it is to live in one city when compared to another.
However, the cost of living is thus tied to the wages people earn. So, if expenses are higher in a city, such as London, for instance, the salary levels over there also must be higher so that people can afford to live in that city.
Hence, option A is correct.
To learn more about cost of living here:
https://brainly.com/question/25664062
#SPJ1
What is the difference between using an action button to play an audio file via 'play sound' and an audio clip set up through the Media Group?
Answer: The action button lets users play the audio file, the sound button will play an audio clip.
Explanation:
The action button lets users play the audio file once it is clicked or has a mouse over action over the assignment button. The sound button will play an audio clip that you have specified in the action settings dialog box.
What are closing costs?
Fees added for the cleaning of a home
Fees for renovating/remodeling the home
Fees added when buying a house such as title transfer fees and lawyer fees
Fees paid by the local township
Answer:
C) Fees added when buying a house such as title transfer fees and lawyer fees
Explanation:
Scenario 3: Your first semester of college, you take out a small loan to help pay for books. Despite being busy, you get a part time job. Although you don't have to pay your loan back until you graduate, you've saved enough by the end of the semester and you will pay off the loan in full. Does your credit score go up or down? Why does it go up or down? If your score goes down, how can you fix it?
A credit score rating is based on a credit score report, statistics usually sourced from credit score bureaus.
What is a credit score?A credit score rating is a numerical expression primarily based totally on a degree evaluation of a person's credit score files, to symbolize the creditworthiness of an individual.
As per the information,
1. The loan taken here is an unsecured loan, therefore, the early payment of the loan will increase the credit card score.
2. In this case, the credit card score will go up as pre-payment of small and unsecured will have a positive impact on the credit card score. The score goes up and down based on your credit card purchase behavior.
3. If the credit card score goes down, it can be fixed by maintaining a healthy credit card utilization ratio.
hence, in this way, the credit card score issues can be resolved.
Learn more about credit card scores here:
https://brainly.com/question/11421834
#SPJ1
QUESTION 6 Clyde is self-employed and has been for many years. His business receives financial information from his clients, analyzes it and makes useful reports from it. He prepares financial statements for his clients in accordance with generally accepted accounting principles so they comply with the law, but also so they can be understood and relied on by government agencies, lenders, stockholders, employees, suppliers and others who may need to access their financial information. What function is Clyde performing for his clients
Answer: accounting
Explanation:
Since we are given the information that Clyde receives financial information from his clients, analyzes it and then makes useful reports from it. This shows that he's performing an accounting function.
One who performs accounting functions will also prepare financial statements for clients which will be in accordance with generally accepted accounting principles.
The main outputs of which process are a quality management plan, quality metrics, project management plan updates, and project documents updates?
Answer:
Process asset updates.
Explanation:
Quality assurance assessments, validated modifications, authenticated deliverables, performance at work indicators, configuration management, project management plan modifications, project document security patches, and organisational process asset updates are the key outputs of quality assurance.
the fact that news organizations have avoided stories that offend tobacco companies (many of which are large conglomerates) is an example of what aspect of the business environment?
The fact that news organizations have avoided stories that offend tobacco companies (many of which are large conglomerates) is an example of Commercialism.
What is Commercialism?Commercialization is the process of introducing new products or services to the market.The broader act of commercialization includes duties that are critical to the commercial success of the new good or service, such as production, distribution, marketing, sales, customer support, and other similar activities.Once a small business has grown and scaled its operations to the point that it can successfully target a larger market, commercialization often occurs.By selling packaged cinnamon rolls to adjacent grocery stores, for instance, a small bakery that is well-known for its cinnamon rolls and has had tremendous success selling them can market its products. This will open up the market for the pastries and have a variety of positive effects on the bakery's sales.A thoughtfully created three-tiered product roll-out and marketing strategy that includes the principal elements listed below is necessary for commercialization:
The conceptual stagethe phase of a business processinvolving stakeholdersTo learn more about Commercialism, refer to
brainly.com/question/25785890
#SPJ4
In making the best economic choices, consumers compare the benefits of the choice to.
In making the best economic choices, consumers compare the benefits of the choice to its cost.
What is choice?This is the option that the consumer has considered to be the best way of satisfying his needs.
The choice of a person is a direct measurement of the benefit of the good and the cost that they can offer up for that good.
Therefore, in order to make the best economic choice, the benefits of a good must be compared to cost.
Read more on consumer choices here:
https://brainly.com/question/380037
#SPJ1
In ________, one firm provides the product or service in a particular industry, which results in less price competition.
Monopolies are said to exist when one company provides the product or carrier in a particular industry, and as such effects in much less rate competition.
What is monopoly oligopoly and monopolistic competition?An oligopoly will allow extra than one honcho to co-exist, and a monopolistic competition will enable several players to enter into the market, while a monopoly will essentially be the one that stands apart and guidelines the complete demand and provide chain in the unique discipline of selection.
What is the that means of monopolistic market?A monopolistic market is a theoretical circumstance that describes a market where only one employer may offer products and services to the public. A monopolistic market is the opposite of a perfectly competitive market, in which an infinite quantity of firms operate
Learn more about monopoly here:
https://brainly.com/question/7217942#SPJ4what does it mean when you file for bankruptcy and why would it be on your credit report? please somebody help. due tonight
What can be a benefit of using interviews to select employees to hire?
A. Insights from employees' examples
B. Accurate prediction of honesty
C. Good measurement of intelligence
D. Errors from employee bias
Answer:
B. Accurate prediction of honesty
Explanation:
Interviews are one of the most effective tools that human resource managers use to determine if a candidate is a match or not for a specific job. Flexibility is the key word here. That allows both the candidate and the interviewer, the possibility of understanding what are the skills needed for a certain job and if the candidate possesses them. When someone answers a test, you can tell if the candidate knows about the subject or not, but when he/she is interviewed, you can ask for more detail and examples that help clarify the candidate's ideas, expectations and capabilities. E.g. a candidate states that he/she knows how to use WordPress very well, and the interviewer can ask him/her about specific tasks to verify if that is true.
Answer:
A. Insights from employees’ examples
Explanation:
Just took the quiz.
why is maximum number of person in partnership business mentioned in companies act and not in partnership act
The Companies Act and the Partnership Act are two different laws that govern different types of businesses.
The companies act and partnership act-The Companies Act governs companies, which are separate legal entities from their owners, while the Partnership Act governs partnerships, which are not separate legal entities from their owners.
The maximum number of persons in a partnership business is not mentioned in the Partnership Act because there is no limit to the number of partners a partnership can have. However, the Companies Act limits the number of members in certain types of companies, such as private companies, to a maximum of 200 members. This is because companies are separate legal entities and the law seeks to regulate their operations to ensure that they operate in a manner that is fair and transparent to all members.
To know more about the partnership act -
https://brainly.com/question/994016
#SPJ1
Your social media promotion can either narrowly target 50,000 users with an estimated click rate of 10% or broadly
target 250,000 users with an estimated click rate of 1%. Which will get more clicks?
Answer:
Narrow targeting
Explanation:
1% of 250,000 is 2,500
10% of 50,000 is 5,000
A social media promotion can either narrowly target 50,000 users with an estimated click rate of 10% or broadly target 250,000 users with an estimated click rate of 1%. The narrowly target is the best way.
What is social media?Social media is a term used to describe online communication. Social media systems enable users to have discussions, exchange information, and create content for the internet. Social media mostly used in the youth. The social media are to share the information quickly.
The social media promotion is the part of the marketing. The narrowly target is the specific niche of consumers is the target market on the right time to the right audience. The broadly target to the cover the large level of the audience. The narrowly target is the best option in the social media promotion.
The calculation are:
1% of 250,000 is 2,50010% of 50,000 is 5,000As a result, the significance of the social media are the aforementioned.
Learn more about on social media, here:
https://brainly.com/question/30326484
#SPJ6
QUESTION 9 of 10: You have laid out your pricing plan at $185 for a bounce party for 8 kids; your competitor is at $155. A potential investor
says she thinks you can get a 30% premium with your new facility. Did she just criticize or endorse your pricing?
a) Criticize
O b) Endorse
Submit
©2021 Knowledge Matters Inc
Answer: Criticize
Explanation:
She just criticize your pricing, saying that we ought to charge $201.50 rather than $185, hence option A is correct.
What is the criticism of pricing?In this case, our rival charges $155 for a party, and the investor thinks that because of our improved facilities, we will be able to charge 30% more.
= 155 x 130
= 201.50 $
According to the efficient market theory, all stocks trading on the stock market are already priced in, thus you don't need to actively research the stock because any positive or negative information that might be available is already reflected in the stock.
Therefore, She criticizes our price plan, saying that we ought to charge $201.50 rather than $185. She believes that our pricing policy is harming our bottom line.
Learn more about pricing, here:
https://brainly.com/question/13943524
#SPJ6
A finance question that I need help with.
1
Select the correct answer.
Which risk is a sponsor assuming when buying the naming rights to a stadium or arena?
OA.
Nobody will notice.
OB. The team may not perform well:
OC. The fans of the team may not like the idea.
OD.
People will dismiss the action as pretentious.
Reset
Next
Answer:
The team may not perform well:
Explanation:
The biggest risk with naming rights is negative news concerning the team. The sponsor's brand name will be associated with the team; any negative team news will impact the brand name.
If a team performs poorly, some customers may associate the team's dismal performance with the brand name. Customers may shy away from the sponsor's products as they distance themselves from dismal performances.
Answer:B
Explanation:i just took the test...
(02.10 LC) What strategy works best to get out of a rut?
A) Attitude
B) Belief
C) Flexibility
D) Selling out
Answer is C Flexibility because that's the only thing that goes in the exercise category.
Explanation: I hoped that Helped!!
Answer:
Flexibility.
Explanation:
Cognitive flexibility refers to the brain’s ability to transition from thinking about one concept to another. The quicker you are able to switch or “shift” your thinking from one dimension (e.g. color of an object) to another (e.g. shape of an object), the greater your level of cognitive flexibility.
Suppose that the marginal propensity to consume (MPC) is 8 and there is an increase in investment spending of $100,000. As a result, equilibrium real Gross Domestic Product (GDP) would increase by OA. $500,000. O B. $800,000 O C. $20,000. OD. $100,000
The increase in equilibrium real GDP resulting from the increase in investment spending of $100,000 would be $500,000. This is because the multiplier effect amplifies the initial increase in spending,
To determine the increase in equilibrium real Gross Domestic Product (GDP) resulting from an increase in investment spending, we can use the concept of the multiplier effect. The multiplier effect represents the total impact on GDP resulting from an initial change in spending.
The formula for the multiplier is: Multiplier = 1 / (1 - MPC)
Given that the marginal propensity to consume (MPC) is 8, we can calculate the multiplier:
Multiplier = 1 / (1 - 0.8) = 1 / 0.2 = 5
The multiplier of 5 indicates that for every $1 increase in spending, GDP will increase by $5.
Now, we know that there is an increase in investment spending of $100,000. Using the multiplier, we can calculate the increase in equilibrium GDP:
Increase in GDP = Multiplier * Increase in spending
Increase in GDP = 5 * $100,000 = $500,000
Therefore, the correct answer is:
A. $500,000
The increase in equilibrium real GDP resulting from the increase in investment spending of $100,000 would be $500,000. This is because the multiplier effect amplifies the initial increase in spending, leading to a larger overall impact on GDP.
Learn more about effect amplifies here
https://brainly.com/question/13994959
#SPJ11
A chain saw requires 2 hours of assembly and a wood chipper 6 hours. A maximum of 24 hours of assembly time is available. The profit is $150 on a chain saw and $240 on a chipper. How many of each should be assembled for maximum profit? To attain the maximum profit, assemble....... chain saws and ............wood chippers.
Answer:
To attain the maximum profit, assemble 9 chain saws and 1 wood chipper.
Step-by-Step Explanation:
To find the number of chain saws and wood chippers that should be assembled for maximum profit, we can set up a linear programming problem.
Let's assume x represents the number of chain saws to be assembled, and y represents the number of wood chippers to be assembled.
We have the following constraints:
1) Assembly time constraint: 2x + 6y ≤ 24 (maximum of 24 hours of assembly time available)
2) Non-negativity constraint: x ≥ 0, y ≥ 0 (we cannot have negative quantities)
We want to maximize the profit, which is given by the objective function:
Profit = 150x + 240y
To solve this linear programming problem, we can use graphical or algebraic methods. Here, we will use algebraic methods.
First, let's graph the feasible region determined by the constraints:
The assembly time constraint can be rewritten as:
2x + 6y ≤ 24
x + 3y ≤ 12
y ≤ (12 - x)/3
Next, we plot the boundary lines and shade the feasible region:
Feasible region:
x ≥ 0 (non-negativity constraint)
y ≥ 0 (non-negativity constraint)
y ≤ (12 - x)/3 (assembly time constraint)
Based on the graph, we can see that the feasible region is a triangular region bounded by the x-axis, y-axis, and the line y = (12 - x)/3.
To find the vertices of this feasible region, we can solve the equations:
x = 0
y = 0
y = (12 - x)/3
Solving these equations, we find the vertices:
(0, 0)
(0, 4)
(6, 0)
(9, 1)
Now, we evaluate the objective function (Profit = 150x + 240y) at each vertex to determine the maximum profit:
At (0, 0): Profit = 150(0) + 240(0) = 0
At (0, 4): Profit = 150(0) + 240(4) = 960
At (6, 0): Profit = 150(6) + 240(0) = 900
At (9, 1): Profit = 150(9) + 240(1) = 1,710
The maximum profit is attained at (9, 1), which means assembling 9 chain saws and 1 wood chipper will result in the maximum profit.
To attain the maximum profit, assemble 9 chain saws and 1 wood chipper.
How Eager Are You for College?
Answer:
A LOT
Explanation:
BECAUSE EVERYTIME I REALLY BE WANTING TO GO TO COLLEGE TO BE SUCCESSFUL