Rose Harrison and Clara Huizink Solutions for Exercise 15: Practice 4
Rose Harrison Mathematics Solutions for Exercise - Rose Harrison and Clara Huizink Solutions for Exercise 15: Practice 4
Attempt the practice questions from Exercise 15: Practice 4 with hints and solutions to strengthen your understanding. MYP Mathematics A concept based approach 4&5 Standard solutions are prepared by Experienced Embibe Experts.
Questions from Rose Harrison and Clara Huizink Solutions for Exercise 15: Practice 4 with Hints & Solutions
Optimize the objective function , given the four constraints:

Optimize the objective function , given the three constraints:

A school wants to buy small and large minibuses to transport students to sports activities. It has to buy the minibuses, and to insure them. The table gives some information about different sizes of minibuses.
Size | Maximum number of people | Cost | Insurance |
Small | |||
Large |
Determine how many of each size minibus the school should buy to maximize the number of students they can transport.

An educational software company produces two software packages: an algebraic solver and a graphing program. They project a demand for at least algebraic solvers and graphing programs each day. They can produce up to algebraic solvers and graphing programs per day. They need to produce at least software packages each day to satisfy existing orders. Each algebraic solver makes a loss of . Each graphing program makes a profit of . Determine how many of each software package the company should produce each way to maximize its profits.

Amelie received from a trust fund on her th birthday. She wants to invest it in different funds to maximize the interest she receives.
She can invest in three types of investment:
Type of investment | Interest per annum |
Municipal bond | |
Bank Mutual fund | |
Speculative money market fund |
To minimize her risk, she decides to invest only in the speculative money market fund. Her tax adviser says she has to invest at least three times as much in the municipal bond as in the bank's mutual fund. Determine the optimum investment amounts for each type of investment.
