What is Project 2 Evaluation 32 in Advanced Algebra 1 (MTHH 039 05?

  

the pictures you have are for part B and here is the project in blank so you do not confuse !!! please do everything except part A and E
Name Simn Solbas Fagernes _____________
I.D. Number
____________________
Project 2
Evaluation 32
Advanced Algebra 1 (MTHH 039 058)
Be sure to include ALL pages of this project (including the directions and the assignment) when
you send the project to your teacher for grading. Dont forget to put your name and I.D. number
at the top of this page!
Use Online Submission
Now it is time to complete a Project for this course. Be sure to follow all the directions carefully when
completing your Project.
This project contains a possible 100 points and counts for 8% of your final course grade. To
complete this project, and submit it electronically, you will need to download and save this editable
copy of the project on your computer, complete it using your word processing program, and save it in
either .rtf or .doc format for uploading, or print it, complete it on paper, then scan it to either .rtf or
.pdf for uploading.
**You may use the equation editor feature or drawing tools in your word processing to
complete your project for electronic submission. Please be aware that you are responsible
for learning to use these tools and for completing ALL parts of your project prior to
submission.**
This project contains activities, as well as questions for you to answer. Follow all the directions
carefully. You will not receive all the points possible if you do not answer each question completely.
Feel free to add more space or extra pages to this project if you need them.
If you choose to submit your project by mail, see the Mail Submission instructions under the
Project Submission link on the online course management system homepage.
Your graphing calculator may be used on this project. You may also use scratch paper to
work out the solutions. Be sure to answer each question fully. You may add more space if
you need it.
Project 2
295
MTHH 039
Part A Linear Programming (possible 20 points)
Do the Linear Programming Activity on page 145 of your textbook.
Use your graphing calculator to work through the 6 steps in the activity to find the maximum or
minimum value for our objective function, P. Complete the exercises.
1.
2.
3.
4.
Part B Building a Business (possible 20 points)
Do the Building a Business Activity Lab on pages 234-235 of your textbook.
a. Write the inequalities to describe each objective and constraint.
Flavor As production in a day = 126kg
Flavor Bs production in a day = 136 kg
1 cocoa bar requires 1.8g Flavor A and 4.0g Flavor B.
1 choco lot requires 2.8g Flavor A and 1.7g Flavor B.
Lets say we will produce x quantity cocoa bar and y quantity of choco bar.
So, 1.8x +2.8y

Introduction:

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As a student enrolled in Advanced Algebra 1, you are required to complete a project for this course that counts towards 8% of your final course grade. This project consists of multiple parts with different possible grade points. In this project, you will have to complete activities and answer questions, and it is essential to follow all the directions carefully to earn maximum points possible. In this article, we discuss the two parts of the project- Linear Programming and Building a Business.

Part A: Linear Programming
Linear Programming Activity is an essential part of the Advanced Algebra 1 course. The main objective of this activity is to learn how to use your graphing calculator to find the maximum or minimum value for an objective function. This part of the project is worth 20 points, and you must complete all exercises to earn maximum points.

Part B: Building a Business
Building a Business Activity is another crucial part of the project, where you have to use your mathematical skills to develop a business plan that maximizes profit while adhering to given constraints. This part of the project is worth 20 points and requires you to write inequalities to describe the objectives and constraints accurately.

Description:

Part A of the project mainly deals with Linear Programming, which involves solving optimization problems that require a linear function. This activity requires the use of your graphing calculator to work through the six steps that lead to the objective function’s maximum or minimum value. It is a relatively straightforward process, and you must follow all the given directions carefully to earn maximum points.

Part B of the project involves Building a Business Activity, where you need to think like a businessperson and use your mathematical knowledge to maximize profit while remaining within the constraints given in the activity. This part of the project is more complex and requires you to write inequalities to describe the objectives and constraints accurately. With proper use of mathematical concepts, you can come up with an effective business plan that meets the given constraints while also maximizing profit.

In conclusion, the project is an important part of the Advanced Algebra 1 course and requires you to use mathematical concepts to solve real-world problems. Completing all parts of the project with care and attention to detail is essential to earn maximum points and improve your understanding of the course material.

Objectives:
– To apply linear programming in solving real-life problems
– To understand how to build a business plan using mathematical modeling

Learning Outcomes:
By the end of this project, the students will be able to:
– Apply the 6 steps of linear programming to find the maximum or minimum value of an objective function
– Write and solve linear inequalities to build a business plan
– Analyze data and come up with appropriate solutions using mathematical modeling

Part A: Linear Programming

Objective:
– To solve problems using Linear Programming

Learning Outcomes:
– Understand the process of Linear Programming
– Apply Linear Programming to solve real-world problems
– Interpret and analyze the solutions provided by Linear Programming

Part B: Building a Business

Objective:
– To build a business plan using mathematical modeling

Learning Outcomes:
– Understand how to write and solve linear inequalities to build a business plan
– Interpret and analyze the results of the model to make informed decisions for the business
– Communicate the mathematical model and its results in a clear and concise manner.

Solution 1: Increasing Production Capacity

To increase production capacity, Simn Solbas Fagernes should consider investing in more equipment and hiring additional employees. By doing so, the company can produce more of each flavor and make more profit. With the added capacity, the company can also consider expanding its product line to include new flavors and products that may appeal to customers. By taking these steps, Simn Solbas Fagernes can increase its market share and generate more revenue.

Solution 2: Cost Optimization

To optimize costs, Simn Solbas Fagernes should consider reducing production costs by sourcing ingredients from cheaper suppliers or by exploring more efficient production methods. The company can also consider reducing packaging and transportation costs by using different materials or optimizing logistics. By optimizing costs, Simn Solbas Fagernes can improve profit margins and remain competitive in the market. The savings can also be reinvested in improving the company’s product offerings or expanding the business.

Suggested Resources/Books:

1. “Linear Programming and Extensions” by George Dantzig
2. “Introduction to Linear Programming” by Leonid N. Vaserstein
3. “Linear Programming: Foundations and Extensions” by Robert J. Vanderbei

Similar Asked Questions:

1. What is Linear Programming and how does it work?
2. How can I use a graphing calculator for Linear Programming problems?
3. What are the applications of Linear Programming in the business world?
4. Can Linear Programming be used for optimization problems in fields other than business?
5. What are the limitations of Linear Programming in solving complex business problems?

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