The city council of Fayetteville is in the process of approving the construction of a new 180,000−ft
2
convention center. Two sites have been proposed, and both require exercising the "eminent domain" law to acquire the property. The following table provides data about proposed (contiguous) properties in both sites together with the acquisition cost. Partial acquisition of property is allowed. At least 80% of property 4 must be acquired if site 1 is selected, and at least 60% of property 3 must be acquired if site 2 is selected. Although site 1 property is more expensive (on a per ft
2
basis), the construction cost is less than at site 2, because the infrastructure at site 1 is in a much better shape. Construction cost is $30 million at site 1 and $32 million at site 2. Which site should be selected, and what properties should be acquired? Find the solution using AMPL, Solver, or TORA.
Answers
The optimal solution will provide the values of x1, x2, x3, and x4, indicating the proportion of each property to be acquired for each site. The site with the lower total cost will be selected as the optimal choice for constructing the convention center.
To determine the optimal site and properties to be acquired for the new convention center in Fayetteville, we can use mathematical programming with linear constraints. Let's denote the decision variables as follows:
x1: Proportion of property 1 to be acquired (site 1)
x2: Proportion of property 2 to be acquired (site 1)
x3: Proportion of property 3 to be acquired (site 2)
x4: Proportion of property 4 to be acquired (site 2)
Our objective is to minimize the total cost, which includes the acquisition cost and the construction cost. The total cost can be expressed as:
Total Cost = Acquisition Cost + Construction Cost
Subject to the following constraints:
0.8x4 ≤ x1 (at least 80% of property 4 for site 1)
0.6x3 ≤ x2 (at least 60% of property 3 for site 2)
x1 + x2 = 1 (the entire site 1 must be acquired)
x3 + x4 = 1 (the entire site 2 must be acquired)
Additionally, we have the constraint that all decision variables must be non-negative:
x1, x2, x3, x4 ≥ 0
By formulating this problem and solving it using a mathematical programming tool such as AMPL, Solver, or TORA, we can determine the optimal solution. The optimal solution will provide the values of x1, x2, x3, and x4, indicating the proportion of each property to be acquired for each site. The site with the lower total cost will be selected as the optimal choice for constructing the convention center.
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Related Questions
China is the #1 producer of wheat; however, the United
States also produces wheat.
What reason(s) might the U.S. have to sell its own wheat as
well as wheat produced in China?
Answers
Economically speaking, where China is the Number 1 producer of wheat and the United States also produces wheat, the U.S. may sell both Chinese and American-produced wheat to meet demand and diversify sources of supply.
What is Supply in Economics?Supply in economics refers to the quantity of a resource that businesses, producers, laborers, financial asset providers, or other economic actors are willing and able to deliver to the market or to an individual. Supply can be in the form of manufactured items, labor time, raw resources, or any other rare or valued item.
Economic variety or economic diversification refers to changes in a region's or country's economic position or utilization of a diverse range of economic activities.
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Terrance has just signed a contract with a bank to get a loan to buy a new house. What is TRUE about this contract? A. Both the bank and Terrance share power of attorney. B. Terrance has participated in a guarantee of gain. C. Both parties now have an obligation to their agreement. D. Terrance is required to submit a verbal agreement.
Answers
Answer: C. Both parties now have an obligation to their agreement.
Explanation:
When parties get into a contract, they have a legal obligation to each other to fulfill their part of the agreement or the other party will be able to seek redress in a court of law.
Terrance and the bank are now parties to an agreement to provide Terrence with a loan to buy a house. The bank will have to fulfill this obligation by giving Terrence the loan and Terrence will fulfill his side of the agreement by making payments as stipulated in the loan covenant.
Given information about the economy of Pakistan, calculate Pakistan's GDP. Note that the currency of Pakistan is the rupee. Assume that the values are all current and no conversions need to be made. The government spends 3.40 trillion rupees. Individuals consume 9.60 trillion rupees. Individuals save 5.01 trillion rupees. Businesses invest 1.40 trillion rupees. Foreigners invest 0.70 trillion rupees. Pakistan imports 2.33 trillion rupees. Pakistan exports 1.23 trillion rupees. Pakistan's GDP is _________ trillion rupees.
Answers
The Gross domestic product of Pakistan is 13.30 trillion rupees
The gross domestic product (GDP) of country is the total value of all the goods and services a country produces in a year.
GDP can be calculated using the expenditure approach. The expenditure approach entails adding the total amount spent by consumers, government and businesses in the production process.
GDP using the expenditure approach = amount spent by consumers + business investment + Government spending + (export - import)
9.60 + 3.40 + 1.40 + (1.23 - 2.33) =
9.60 + 3.40 + 1.40 -1.10 = 13.30 trillion rupees
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Siddhara earns $70,000 a year, which is the amount she wishes to earn. Her title is assistant manager, but she would like to be supervising manager. Her boss offers her a raise but no change in job title, which disappoints siddhara and leaves her feeling somewhat dissatisfied with her job. This is an example of.
Answers
The process that leaves Siddhara feeling somewhat dissatisfied with her job is an example of Value percept theory .
What is Value percept theory ?The value-percept theory is a theory of job satisfaction, which states that job satisfaction is based on whether a particular job is able to supply those needs dear to an individual. In this theory, dissatisfaction is higher when there is a great difference between what the individual want what he or she has, that is the job is unable to meet or supply his or her wants.
In value-percept theory, the strongest sense of dissatisfaction is created when there are major differences between "wants" and "haves" and when the value in question is important.
Therefore, the process that leaves Siddhara feeling somewhat dissatisfied with her job is an example of Value percept theory .
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using general equilibrium analysis, and taking into account feedback effects, analyze the following: part 2 the likely effects of outbreaks of disease on chicken farms on the markets for chicken and pork. part 3 the outbreak of disease on chicken farms will part 4
Answers
Using general equilibrium analysis and considering feedback effects, the outbreak of disease on chicken farms can have several likely effects on the markets for chicken and pork.
Decreased supply of chicken: The disease outbreak can lead to a decrease in the supply of chicken as infected farms may have to cull their flocks. This reduction in supply would cause the price of chicken to increase.Increased demand for pork: With a decrease in the supply of chicken, consumers may switch to purchasing pork as a substitute. This increase in demand for pork would lead to an increase in its price.Market interdependence: It is important to note that the markets for chicken and pork are interconnected. Any changes in one market can have ripple effects on the other due to substitution effects and changes in consumer preferences.In summary, the outbreak of disease on chicken farms can lead to a decrease in the supply of chicken, an increase in the demand for pork, shifts in resource allocation, and market interdependence between the two markets.
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Can't we run a business without training?
Answers
yes definitely.......
Thinking about your office or college, what types of
information are conveyed through the grapevine? How
often is the information accurate?
Answers
Answer: I would experience a lot of cluster chains speaking on if someone was in trouble. An employee would be called to the back office if they were either in trouble or getting a promotion.
Explanation:
what is meant by business objectives
Answers
Answer:
Business objectives are something which a business organisation wants to achieve or accomplish over a specified period of time. These may be to earn profit for its growth and development, to provide quality goods to its customers, to protect the environment, etc.
Answer:
Business objectives are something that a business organization wants to achieve or accomplish over a specified period of time.
Explanation:
These may be to earn profit for its growth and development, to provide quality goods to its customers, to protect the environment, etc.
If the stock turnover rate for your industry is 3, how many months' worth of inventory should you keep in stock at all times? (a) 2. (b) 3, (c) 4,
(d) 9.
Answers
Answer:
2
Explanation:
Your job is to submit a risk diagnosis to the Centers for Medicare & Medicaid Services (CMS) for the purpose of payment. As part of this job, you use a process to verify the data is accurate. Your immediate supervisor tells you to ignore the Sponsor's process and to adjust or add risk diagnosis codes for certain individuals. What should you do?
Answers
Answer:
Report the incident to the compliance department (via compliance hotline or other mechanism)
Explanation:
Since in the question, it is mentioned that the you have to submit a diagnosis risk to CMS with respect to the payment also you need to check whether the data is correct or not
But at the same time you also ignored the process so here you need to report the situation to the compliance department so that the proper actions could be taken
In a risk diagnosis to the Centers for Medicare & Medicaid Services (CMS), report the incident to the compliance department (via compliance hotline or other method.
Since it is stated in the question that you must submit a diagnosis risk to CMS in order to receive reimbursement, you must also verify that the data is valid.
However, also neglected the process, therefore must report the problem to the compliance department so that appropriate action can be taken.
The Sponsor's methodology ensures that the data reported to CMS is correct. If disregard the process, its risk providing inaccurate information to CMS, which might have major consequences.
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Dakota earns $8.70 an hour for 37
Per month
hour week. How much is earned per week?
Answers
Answer:
$321.90
Explanation:
herman is covered by a cafeteria plan by his employer. his adjusted gross income (agi) is $100,000. he paid unreimbursed medical premiums in the amount of $10,500 and he itemizes deductions. what amount will herman be able to deduct for his medical insurance premium expenses?
Answers
The amount will Herman be able to deduct for his medical insurance premium expenses is $3000
What is medical insurance premium?The sum you pay the insurance company to obtain health coverage is known as the health insurance premium. If you purchased a one-year health insurance plan, the premium is payable yearly. If you have a two- or three-year plan, you must pay the premium in full for the chosen policy length.With the right insurance coverage, you can receive the highest quality medical care without worrying about the astronomical payments that will be due after you are discharged. As a result, understanding the claim process is a crucial fact that the insured person should be aware of at all times.Adjusted Gross Income= $100,000
Unreimbursed medical premium= $10,500
Amount deductable for his medical insurance premium should be equal to 7.5% of the AGI.
7.5% of AGI
7.5/100*$100,000
0.075*100,000
=$7,500 medical insurance expenses
Total medical insurance premium deductible is
$10,500-$7,500
=$3000
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Refer to the graph. Which area indicates a surplus?
(A)
(B)
(C)
(D)
Answers
Answer:
D
Explanation:
According to the video, what are some hazards Stationary Engineers may face? Check all that apply. noise hazardous materials dangerous enclosures temperature extremes burns electric shock angry customers moving parts
Answers
Answer:
noise
hazardous material
burns
electric shock
moving parts
Explanation:
Answer:
noise
hazardous material
burns
electric shock
moving parts
Explanation:
did it
PERSONAL FINANCE
What is a deductible? (1 point)
O the maximum amount a policy will pay out in any one year
O the amount paid by the policyholder to the insurer on a regular basis for the policy
O the amount paid by the policyholder before the insurance policy starts paying on the claim
O the amount paid after the deductible has been satisfied and until the out-of-pocket maximum has been reached
Answers
A deductible is the amount paid by the policy holder before the insurance policy starts paying on the claim.
What is Insurance?Insurance is a contract that allows a party to secure its asset from damage and the other party charges a premium and in return when the asset is damaged the amount of the asset is refunded or as directed in the contract.
Policy holder pays annual or monthly premiums which is also known as the deductible, after the payment of deductible the insurance company pays the policy holder as per the terms agreed in the contract.
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Answer: 1. a policy purchased from a company that provides financial protection against financial loss or harm caused by a possible event
2. the amount paid by the policyholder to the insurer on a regular basis for the policy
3. the amount paid by the policyholder before the insurance policy starts paying on the claim
4. Health insurance policies for those who do not have access to employer-provided health plans or who do not qualify for government-provided plans, offered through a marketplace, and purchased by individuals for themselves and their families.
5. Medicare
Explanation: My quizlet name is Aron_Sonn so consider dropping by :)
top quality investments will pay you $2,000 a year for 25 years in exchange for $19,000 today. what interest rate are you earning on this annuity?
Answers
To determine the interest rate earned on the annuity, we can use the present value formula for an ordinary annuity. The formula is: PV = PMT * (1 - (1 + r)^(-n)) / r
Where: PV = Present value (amount paid today) PMT = Payment amount per period ($2,000 per year) r = Interest rate per period (unknown) n = Number of periods (25 years) Given that the present value (PV) is $19,000 and the payment amount per period (PMT) is $2,000, we can plug these values into the formula and solve for the interest rate (r). $19,000 = $2,000 * (1 - (1 + r)^(-25)) / r To find the interest rate, we can solve this equation using trial and error or by using financial calculators or software. The calculated interest rate will be approximately 4.77%. Therefore, the interest rate earned on this annuity is approximately 4.77%.
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Determining Liquid Assets and Current Liabilities. Based on these items, what is the total of the (a) liquid assets and (b) current liabilities?
Checking account balance $860
Retirement account balance $57,000
Credit card balance $117
Coin collection $450
Savings account balance $2,675
Current student loan payment due $220
Investment account balance $8,000
Mortgage $178,000
Answers
2. A
3. B
4. A
5. A
6. B
7. A
8. B
(a) Liquid assets = Checking account balance + Savings account balance = $860 + $2,675 = $3,535
(b) Current liabilities = Credit card balance + Current student loan payment due = $117 + $220 = $337
1. to what extent did europeans transform earlier patterns of commerce, and in what ways did they assimilate into those older patterns?
Answers
The Europeans transformed the earlier patterns of commerce to a great extent and also assimilated into the older patterns in different ways.
During the colonial era, European countries established trade networks that connected them to both the American colonies and Asia. These trade routes had a significant impact on the world, causing goods and people to move across vast distances. However, the trade networks that the Europeans established were not entirely new.
The fur trade in North America, for example, had been around for centuries before the arrival of Europeans. The European demand for beaver pelts and other furs fueled a boom in the trade, but it was the Native American tribes who had long-standing relationships with the animals and the environment.
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If Stephanie had purchased the state minimum 25/50/15 policy for coverage, how much would she have had to pay after the accident?
Answers
If Stephanie had purchased the state minimum 25/50/15 policy for coverage, she would have had to pay $79,000 after the accident.
What is the 25/50/15 Policy?A 25/50/15 policy provides up to $25,000 per person and $50,000 per accident for bodily injury liability and up to $15,000 for property damage liability.
Accordingly, the total damages caused by Stephanie ($294,000) exceed the maximum coverage of the state minimum policy ($50,000 for bodily injury liability per accident, $25,000 for bodily injury liability per person, and $15,000 for property damage liability) Hence, Stephanie will pay $79,000.
Below is the Complete Question:
For five years, Stephanie has been driving without any major auto accidents—until today.It was pouring rain when she left class, and within minutes of leaving, she was forced toswerve around a car that came into her lane, and that caused her to go into a spin on the wetroad. After knocking an expensive, high-end luxury car down an embankment, Stephaniecame to a stop by smashing into the side of a midrange sedan.Stephanie was found to be at fault in the accident. Here is the extent of the damageshe caused:
•Luxury car:This car was totaled at a value of $95,000.
•Sedan:This car will need $4,000 in repairs.
•Hospital bills:The driver of the luxury car had $15,000 in medical bills for a brokenarm, while his passenger had $185,000 in medical bills for emergency surgeryand recovery.
Like many Americans, Stephanie carries a 100/300/100 liability policy.
If Stephanie had purchased the state minimum 25/50/15 policy for coverage, how much would she have had to pay after the accident?
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Explain how the U.S. economic system differs from the economic system in Cuba.
Answers
krysta wants to take piano lessons. she asked a teacher how many new pieces she could expect to learn each month. the teacher gave an estimate of 3. write an equation that shows how the total number of pieces krysta would learn, y, depends on the number of months of piano lessons, x.
Answers
The required equation is y = 3x which represents the total number of pieces Krysta would learn, where x months of piano lessons.
What is the Linear equation?A linear equation is defined as an equation in which the highest power of the variable is always one.
Krysta wants to learn to play the piano. She inquired with an instructor about the number of new pieces she could anticipate studying each month. The teacher estimated three.
Let y represent the total number of pieces Krysta would learn,
And x represent depends on the number of months of piano lessons,
According to the given situation, we can write the equation would be as:
⇒ y = 3x
Therefore, the required equation is y = 3x which represents the total number of pieces Krysta would learn.
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Which of these is MOST LIKELY a result of a high unemployment rate in
the United States?
A) increased revenues
B) increased demand for consumer goods
C) increased production of capital goods
D) greater government expenditures for transfer payments
Answers
Answer:
D Greater Government Expenditures for Transfer payments
Explanation:
Explanation. All other answers would positively effect uneployment
how are hotelkeepers compensated for placing pay phones in their hotels?
Answers
Hotelkeepers are typically compensated through revenue-sharing agreements with payphone service providers.
In such agreements, the pay phone service provider installs and maintains the pay phones in the hotel premises, and in return, the hotelkeeper receives a portion of the revenue generated from the pay phone usage. The specific terms of the revenue-sharing agreement can vary and may depend on factors such as the number of pay phones installed, the location of the hotel, and the anticipated usage. This arrangement allows the hotelkeeper to earn additional income from the pay phones without incurring the costs of installation, maintenance, or operation.
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Which defines room and board? (1 point)
O housing and meals that are often provided at additional cost
O a school that provides training in a specific skill or trade
O an educational institution or establishment, in particular one providing higher education
O monetary support that is used to help pay educational costs
Answers
In contrast to a variety of non formal and informal methods of socialization, education is the field that is concerned with the methods of teaching and learning in schools or environments that resemble schools.
What differentiates knowledge from education?
Knowledge and education are not the same thing. Knowledge is what you know, while education is how you learn it. The facts and information you can remember and use is called knowledge. Education is how we learn new things.
Equity and equality in education, what do you mean?
A system of equality treats everyone the same without giving any consideration to their requirements or needs. As a result, equity is a situation in which every person, regardless of their individual differences, receives the same rights and opportunities.
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Answer:
O housing and meals that are often provided at additional cost
Explanation:
“Room” in Room and Board, meaning
The “room” part can be taken literally it’s basically your college bedroom
and Board refers to the meal plan meaning somewhere that supplies food.
Boom easy answer
ebay is an example of which type of A) C2C e-commerce. B) B2B e-commerce. C) B2C e-commerce. D) M-commerce
Answers
Answer:
✔ ∅ A) C2C e-commerce.Explanation:
ebay is an example of which type of
✔ ∅ A) C2C e-commerce.
O B) B2B e-commerce.
O C) B2C e-commerce.
O D) M-commerce
When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
Answers
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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When sierra thinks about Chick-fil-A, she Emily thinks about the high-quality chicken that she last ate there, served hot and fresh by fast and friendly employees. Next, she recalls the clever cows that she is used to seeing on local billboards and in stores or promote the brand. The _____________ of the Chick-fil-A brand is firmly established in her mind, based on how the brand communicates with her and ultimately provides a positive experience.
a) Targeting
b) Segmentation
c) Equity
d) Positioning
e) Loyalty
Answers
Answer:
Positioning
Explanation:
Perform online research and find a house you would like to own. Calculate the cost of utilities, services, maintenance, and insurance to buy the home.
Answers
(Answers may vary.)
I found an apartment in Chicago that I would like to rent. The monthly rent is $900, but there are other fees for me to consider as a renter. Utilities (electric, water, cable, internet access, etc.) cost $300 a month. Building services, including parking and access to the gym, cost $50 a month. Maintenance fees for the building are $25 a month. Renter’s insurance is $12. The cost of living independently in this Chicago apartment is $1,287 a month.
Explanation: edmentum sample answer
How can Jordan apply price policy?
Answers
Jordan's Underprices
If you find a lower advertised price on identical merchandise under the same terms and conditions from another store-based retailer within the local Retail Trade Area, within 30 days of purchase, Jordan's Furniture will refund the difference.
Industry: Retail; Furniture
Lopez Corporation, a manufacturer of household paints, is preparing annual financial statements at December 31, 2007. Because of a recently proven health hazard in one of its paints, the government has clearly indicated its intention of having Lopez recall all cans of this paint sold in the last six months. The management of Lopez estimates that this recall would cost $800,000.
Requried:
What accounting recognition, if any, should be accorded this situation?
Answers
The accounting recognition to be accorded in this situation is operating expense of $800,000 and liability of $800,000.
Basically, an accounting recognition refers to the act of recording a business transaction in the firm's accounting records.
Because the management of Lopez estimates that this recall of all cans of paint sold in the last six months would cost $800,000, then, the entry will be as followsIn conclusion, the accounting recognition to be accorded in this situation is operating expense of $800,000 and liability of $800,000
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