Solve the following nonlinear program:

Min x12 + 2x22 - 8 x1 - 12x2 + 34
subject to: x12 + 2x22 = 5

Answer: λ = -1.6, x1 = 1.54, x2 = 1.15

Business

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A marginal probability is the probability of a single event occurring

Indicate whether this statement is true or false.

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Which of the following would be considered a fixed cost in a manufacturing setting?

A) direct labor B) sales commissions C) direct materials D) depreciation

Business