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Answering Questions

Wednesday, August 12, 2009. An agency is having problems with personal phone calls made during working hours. Each minute of a personal call costs the agency $0.50 in wasted wages. The agency decides to hire operators to monitor calls in order to attain the optimal number of personal calls (minimize total cost of personal calls). If operators receive $25 an hour, how many operators should the agency hire? Posted by Sng Hui Ying. Tuesday, August 11, 2009. The following text is from Thomas and Maurice.

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Wednesday, August 12, 2009. An agency is having problems with personal phone calls made during working hours. Each minute of a personal call costs the agency $0.50 in wasted wages. The agency decides to hire operators to monitor calls in order to attain the optimal number of personal calls (minimize total cost of personal calls). If operators receive $25 an hour, how many operators should the agency hire? Posted by Sng Hui Ying. Tuesday, August 11, 2009. The following text is from Thomas and Maurice.
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Answering Questions | snghuiying.blogspot.com Reviews

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Wednesday, August 12, 2009. An agency is having problems with personal phone calls made during working hours. Each minute of a personal call costs the agency $0.50 in wasted wages. The agency decides to hire operators to monitor calls in order to attain the optimal number of personal calls (minimize total cost of personal calls). If operators receive $25 an hour, how many operators should the agency hire? Posted by Sng Hui Ying. Tuesday, August 11, 2009. The following text is from Thomas and Maurice.

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Answering Questions: Exlaining Marginal Benefit

http://snghuiying.blogspot.com/2009/08/exlaining-marginal-benefit.html

Tuesday, August 11, 2009. The following text is from Thomas and Maurice. On the topic of Constrained Maximization. The manager is currently choosing to employ 20 units of activity A and 10 units of activity B. The constraint is met since 20($4) 10($2) = $100. Suppose the marginal benefit of the last unit of activity A is 40 units and the marginal benefit of the last unit of activity B is 20 units, .". A student asked me, " What do you mean by the last unit of activity? Now you understand how we compute m...

2

Answering Questions: Explaining Unconstrained Optimization

http://snghuiying.blogspot.com/2009/08/explaining-unconstrained-optimization.html

Wednesday, August 12, 2009. An agency is having problems with personal phone calls made during working hours. Each minute of a personal call costs the agency $0.50 in wasted wages. The agency decides to hire operators to monitor calls in order to attain the optimal number of personal calls (minimize total cost of personal calls). If operators receive $25 an hour, how many operators should the agency hire? Posted by Sng Hui Ying. October 20, 2009 at 11:35 PM. Apparently, it is a 3 by 3 dominant strategy.

3

Answering Questions: August 2009

http://snghuiying.blogspot.com/2009_08_01_archive.html

Wednesday, August 12, 2009. An agency is having problems with personal phone calls made during working hours. Each minute of a personal call costs the agency $0.50 in wasted wages. The agency decides to hire operators to monitor calls in order to attain the optimal number of personal calls (minimize total cost of personal calls). If operators receive $25 an hour, how many operators should the agency hire? Posted by Sng Hui Ying. Tuesday, August 11, 2009. The following text is from Thomas and Maurice.

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Answering Questions

Wednesday, August 12, 2009. An agency is having problems with personal phone calls made during working hours. Each minute of a personal call costs the agency $0.50 in wasted wages. The agency decides to hire operators to monitor calls in order to attain the optimal number of personal calls (minimize total cost of personal calls). If operators receive $25 an hour, how many operators should the agency hire? Posted by Sng Hui Ying. Tuesday, August 11, 2009. The following text is from Thomas and Maurice.

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