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# 25 according to the regression model above when the

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25. According to the regression model ABOVE, when the S&P 500 index value is 1,000, the forecasted Halliburton stock price is: A. \$29.75/share. B. \$0.35/share. C. \$122/share. D. \$121.65/share. E. Cannot be determined from the tabulated data. The S&P index value must be ________ for the Halliburton stock to be priced at \$24.75 26. Corporate AAA bond interest rates for 12 consecutive months are 9.5%, 9.3%, 9.4%, 9.6%, 9.8%, 9.7%, 9.8%, 10.5%, 9.9%, 9.7%, 9.6% and 9.6%. The three-month weighted moving average forecast (with weights 0.2, 0.4 and 0.4 - from oldest to most recent respectively) for the next month, rounded to two decimal places, is: A. 9.60% B. 9.65% C. 9.70% D. 9.62% E. None of the above. 10

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Questions 27 & 28 apply to this information: Quill Manufacturing Business makes two models of marking pens. An unlabeled graph for this problem and the requirements for each lot of pens in the three manufacturing departments are given below. All three departments are necessary in the production of both types of pens. The profit for either kind of pen is \$1000 per lot. An unlabeled graph for this problem is given below. The dotted line represents the objective function line. Fliptop Model Tiptop Model Available production hrs. Ink Assembly 3 4 36 Molding Time 5 4 40 Plastic 5 2 30 0 5 10 15 0 5 10 15 27. What is the optimal production quantity of the Fliptop model? A. 5 lots B. 4 lots C. 2 lots D. 7 lots E. 6 lots 28. If all the constraint inequalities in the original problem were ≥, then the following is true: A. The value of the objective function at the optimum solution is zero B. There will be multiple optimal solutions C. The problem will become unbounded D. The problem has a unique solution E. None of the above is true 11
29. Let M be the number of units to make and B be the number of units to buy of a certain product. If it costs \$2 to make a unit and \$3 to buy a unit and 4000 units are needed, the objective function of the LP model to minimize the cost of production would be, A. Min 4000 (M + B) B. Max 8000M + 12000B C. Min 2M + 3B D. Max 2M + 3B E. Min 4000U -2M-3B 30. The Quiet Meadow Studio sells photographs and prints. It cost \$20 to purchase each photograph and it takes 2 hours to frame it. It costs \$25 to purchase each print and it takes 5 hours to frame it. The store has at most \$400 to spend and at most 60 hours to frame. It makes \$30 profit on each photograph and \$50 profit on each print. Determine the maximum profit. A. 360 B. 600 C. 700 D. 740 E. 800

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25 According to the regression model ABOVE when the SP 500...

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