Question 1
Frim Table 1 in the report, the states with Registered Nurses (RN) less than 900 per
100,000 in population are Alaska, Arizona, Califonia, Colorado, Florida, Georgia, Hawaii, Idaho,
Nevada, New Jesey, New Mexico, Oklahoma, Oregon, Texas, Utah,
Assume that a production line operates such that the production lot size model is applicable.
Given D = 6400 unit per year, Co = 100 and Ch = 2 per unit per year, compute the minimum
cost production lot size for each of the following production rates:
a.
BEE1020 Basic Mathematical Economics
Dieter Balkenborg, Giovanni Caggiano
Axel Dreher, Iannis Krassas
Department of Economics
Homework Solutions
13-14/01/2004
Week 11
University of Exeter
Exercise 1 Calculate the partial derivatives of
z = (2 x y) x + 5 +
BEE1020
UNIVERSITY OF EXETER
SCHOOL OF BUSINESS AND ECONOMICS
June 2004
BASIC MATHEMATICAL ECONOMICS
Duration : TWO HOURS
Answer all ve sections A through E. There are more than 60 marks (thus more than
two hours) worth of questions in total. However, if
BEE1020 Basic Mathematical Economics
Dieter Balkenborg, Giovanni Caggiano
Axel Dreher, Iannis Krassas
Department of Economics
Homework
0203/12/2003
Week 9
University of Exeter
You must submit your solutions on Tuesday 9th December at the reception.
Please
BME 1020
BASIC MATHEMATICAL ECONOMICS
EXAMINATION JUNE 2004
SOLUTIONS
Section A
(Arithmetic)
In this section only, you need not necessarily write the full working but may write down
the nal results only. Each question is worth the number of marks indicate
BEE1020 Basic Mathematical Economics
Dieter Balkenborg, Giovanni Caggiano
Axel Dreher, Iannis Krassas
Department of Economics
Homework Solutions
18-19/11/2003
Week 7
University of Exeter
Exercise 1 (4+4 marks) Evaluate the function
y = f (x) =
(x 1)2
x4
f
BEE1020 Basic Mathematical Economics
Dieter Balkenborg, Giovanni Caggiano
Axel Dreher, Iannis Krassas
Department of Economics
Homework Solutions
25-26/11/2003
Week 8
University of Exeter
Solution 1 Answer 2 is correct because a root a corresponds to a lin
BEE1020 Basic Mathematical Economics
Dieter Balkenborg, Giovanni Caggiano
Axel Dreher, Iannis Krassas
Department of Economics
Homework
Week 8
25-26/11/2003
University of Exeter
You must submit your solutions on Tuesday 2nd December at the reception.
Pleas