UNIVERSITY EXAMINATIONS UNIVERSITEITSEKSAMENS UNISA ean DSC1520 ( 4TT349) May/June 2011 DEPARTMENT OF DECISION SCIENCES. QUANTITATIVE MODELLING I Duetion — 2 Hours 100 Marks EXAMINERS FIRST MRS MF IMMELMAN SECOND DRG DAVIE Programmable pocket calculator Is permissible ‘This examination paper remains the property of the University of South Africa and may not be removed from the examination venue. This exammation question paper consists of 18 pages, including 4 pages for rough work ‘The paper comprises 25 questions that count a total of 100 marks. THE USE OF A PROGRAMMABLE CALCULATOR IS PERMITTED. ‘The paper 1s divided into two parts Section A and Section B SECTION A (60) Answer ALL the questions in this section on the mark-reading sheet. supphed Follow the imstructions for completing the mark-reading sheet carefully Also pay attention to the following information Suppose you are asked the question B42x-14da2= a) 7 21 8) 3 i] 4 [5] None of the above ‘The correct, answer 1s 3 and therefore option (3| should be marked Only one option (indicated as (1 (2) [3] {4} {5)) per question 1s correct Tf you mark more than one option, you will receive no marks for that question. For a correct answer you will receive 3 MARKS Marks WILL NOT be deducted for incorrect answers Section A consists of 20 questions and counts 60 marks Hand in the completed mark-reading sheet with your answers for Section B DO NOT STAPLE I'T' (TURN OVER}DSC1520 2 May/June 2011 SECTION B This section must be completed in the space provided below each question Section B consists of five questions and counts 40 marks Remember to clude your MARK-READING SHEET IN YOUR ANSWER BOOK SECTION A (60) Question 1 ‘Simphfy ay aoe 8g i) ap [5] None of the above Question 2 ‘The 2011 pnice of a mountain bike 15 35% lower than m 2010 If the price 8 R3315 m 2OLL what was the price in 20107 ft] R2154,75 2] R5100,00 [3] Ra475,25 [4] Ro471,43, [5] None of the above Question 3 Simplify the followmg expression Plo [3] The expression cannot be sunphfied (a) ay? {5] None of the above [TURN OVER}DSC1520, 3 May /June 2011 Question 4 A company’s profit function can be represented by the function P 0,22” + 200 +20 where z18 a decision vanable that can assume any value What 1s the value of the company’s maximum, profit? i] 50 31 [3] 220 [4 520 {5} None of the above Question 5 log20 (=m) approximated to four decimal places equals (1) 0,0423 [20,0049 [3] -1,1019 [gf -0,3678 {5] none of the above Question 6 Suppose the quantity demanded for a certain soft, drink 1s given hy Q = 100—2P, whe per can and Q 1s the number of cans demanded Determine the value revenue 1s equal to zero e Pas the price the marginal fl) 2 50 B25 0 {5] None of the above (TURN OvER}DSC1520 4 May/June 2011 Question 7 ‘The roots of the function 4x —12 are y 22] 83] i) [5] none of the above Question 8 Assume that ¢ 15 a value so that the hnes 2y—4v-+8 = 1 and y = te —4 are parallel What 1s the value of 17 Q) 2 PB) 35 i] -4 uw 8 {5] None of the above Question 9 Evaluate the following defimte integral (22 + 32?) dr () 34 12 [3] 188 f) 9 {5} None of the above Question 10 Differentiate the following function f(z) = 25 (5042) [) #@) = 30? (5042) [2] f(x) = 1502? + 423 [3] #@) = 5027 (4) f(z) = 14 15029 [5] None of the above (TURN OVER]5 Question 11 Determine the following indefinite mtegral / 2 (0? +2) de wg hl P+at+e a ay = +ete ] 3274240 2 x ul Fre [5] None of the above Question 12 DSC1520 May/June 2011 If the demand function 1s P = 90 - 0,05Q, where P 1s the price and Q 1s the quantity, determine the expression for the price elasticity of demand an terms of P only (Bayo 2] pte 8] pos oe [5] None of the above Question 13 Solve the following system of linear equations Si — 382 =o 5S2 — = 10 Sit Sp+Sy= 8 [$1 =6,5=2,5, 2) $=-2,5.=1,53= (3) $1 =5,S)=1,S3=2 [4] Impossible to calculate [5] None of the above (TURN OVER]DSC1520 6 May/June 2011 Question 14 ‘The demand function of a certain product 15 P = 120 —3Q Determine the consumer surplus of the product if the market price 1s equal to P = 90 1) 150 2] 90 ia} 10 (4) 450 (5] None of the above Question 15 ‘The number of guest houses m Lunpopo has been declining over the years and can be approximated by the equation y= ~3,l4e + 502, where «1s the number of years since 2000 and y 1s the number of guest houses Approximately how many guest houses will there be in Limpopo im the year 2015 if « = 10 corresponds to the year 2010? fy) 470 2) 455 [B] 5825 [4] 902 [5] None of the above Question 16 The y-mntercept of the hne 3y— 102 +5 = 5y equals, Ml 3 fl 23 bl 5 [4] -10 [5] none of the above Question 17 Find the values of «r for which the fimetion f(z) = 7! + 32? has a nommum or maximum value fl 2] {3 ai [5] None of the above (TURN OVER]DSC1520 7 May/June 2011 Question 18 In the graph below the following set of inequalities 22 +6y > 30 4x +2y > 20 y 22 ay 20 was drawn and the feasible region of the set of mequalities shaded in grey 25 20 4a + 2y Determine the mmmum value of the cost function = 182+ 12y subject to the set of mequahties above ‘The mnimum cost 1s equal to fl) 120 (2) 102 3} 186 fa] 96 {5] none of the above [TURN OVER]Question 19 A trador sells « number of watches at a flea market per day He has a fixed cost of R120 per day IF he buys a watch wholesale at R30 and sells +t for R60 how many whatches aust he sell per day in order to break even? a 2 3) @ 8) 2 18 4 10 None of the above Question 20 The fish population in a certain lake at time ¢ moniths 1s given by the function After approximately how many months will the fish population reach 10000? 4] 2 GB (al iG Please turn over for Section B 12 months 8 months 89 months 33 months None of the above p(t) = 3000e""* DSC1520 ‘May/June 2011 [TURN OVER}DSC1520 9 May/June 2011 SECTION B Remember to include your MARK-READING SHEET in your answer paper. Please fill in your answer to Section A im the spaces promded below before you move on to Sechon B xn ease you mark-reading sheet gets masplaced Question [1 [273] 415] 6] 7[ 8] 9] 10f ii [12] 13] 4] 1 [16] 17] 18] 19 | 20 Option ‘This section must be completed in the space provided below each question. Question 21 Susan takes Maxivite and Health-high vitamin tablets every day to merease her energy levels One Maxivite tablet contains 40 mg of iron and 10 mg of vitamin B-1 while, one Health-ingh tablet provides 10 mg of 1ron and 15 mg of vitamm B-1 How many tablets of each vitamun should she take if her doctor has recommended that she takes at most 2400 mg of rron and at least 2100 mg of vitamin B-1 per day to increase her energy levels? Write down the system of linear inequalities that describes Susan’s appropriate constraints Please define your decision variables clearly (TURN OVER]DSC1520 10 May/June 2011 Question 22 @ Consider the market for a certam homemade jam product defined by the following function Demand =P =50~3Q Supply = P= 14+1,5Q where P and Q are the price and quantity respectively of the product (a) Calculate the equkbrium price and quantity of the jam (5) [TURN OVER)DSC1520 iy May/June 2011 (b) What ts the difference between the quantaty supphed and that demanded af the price 1s equal to Rag? (5) {TURN OVER}DSC1520 2 May/June 2011 Question 23 Draw the lines representing the following constraints r+ ysl6 2+ 3y $36 © <10 ay 0 va on the gnd below and mdicate the region where all the constraints are satisfied (feasible region) (TURN OVER]Dsc1s20 1B May/June 2011 Question 24 @ It 1s known that the number of soccer tickets demanded at a rural soccer stadium 1s 1500 if the price per ticket 1s R40 and the demand 1s 1000 when the price per ticket 1s R60 Determine the hnear demand function, :f 1t 1s assumed that a linear relationship exists between the number of tickets sold and the price (TURN OVER]DSC1520 4 May/June 2011 Question 25 10. ‘The Lunchbox Company sells lunchboxes at a price p = 10—0,00Lt rand each where 15 the number of lunchboxes produced per weck The cost to produce 2 plastic Iunchboxes per week 1s given by C= 5000 +22 rand {a) Wnte down the mathematical equations of the revenue and profit functions of the company (4) (b) Determine the profit if the company sold 2000 lunchboxes in one week (2) (c) How many tunchboxes have been sold na week if the company made a loss of R5000? (4) TOTAL [100] (TURN OVER}DSC1520 15 May/June 2011 ROUGH WORK [TURN OVER]DSC1520 16 May/June 2011 ROUGH WORK {TURN OVER]DSC1520 W ‘May/June 2011 ROUGH WORK [TURN OVER]DSC1520 18 May/June 2011 ROUGH WORK © UNISA 2011UNIVERSITY OF SOUTH AFRICA U N | SA EXAMINATION MARK READING SHEET me ‘sioarera UNIVERSITEIT VAN SUID-AFRIKA EKSAMEN-MERKLEESBLAD | PART 1 (GENERAL/ALGEMEEN) DEEL 1 8 7 raven uneen oi xAMINATION ceRTRE(EG PRETORA) 8 vacate Sen er eaten - H| femme aa) fa ara 0 Js ena era er ea ena ena et eas ezs «23 23 e229 «23 «2 E32 Sp ee mgs cg fete Ge ac Ess cscs MAM cans cn Fes cos es cep ras ces esc Epeensessnaeegs cn Eds sce ay cscs cs Lasso obs ay cose soy ltsens eters ease eas 2s 23 22 #23 «2 Jase o he ets et: QQ ces a ess e53 MRM 5315 ees 63 c4> b> <6 C6 Jena ens eto e72 93 74 For use by examination invigilator Vir gebruik deur eksamenopsiener + egy obs obo bo bs wo Jeb) «93 «82 > Os «89 TMAPORTANT 1 USEONLY AN HO PENCIL 10 COMPLETE THE SHEET 2.MARKURE THIS. of ‘CHECK THAT YOURIMTIALS AND SURNAME HAS BEER FLLEDIN CORRECTLY Eten Youn sTUDewT NUMBER FROM L3F1 10 RIGHT ‘Gu TWAT YOU STUDENT NUMBER HAS BEEN FILED I CORRECTLY ESnEC« THAT THE UMOUE NUMBER HAS BEEN FILLED IN CORRECTLY ‘CHECK THAT ONLY ONE ANSWER PER QUESTION HAS BEEN MARKO PART 2 (ANSWERS/ANTWOORDE) DEEL 2 BELANGRIE ‘GEBNLIKSLEGS W HB FOTLODD OM HIERDIE BLAD TE VOLIOOL ERK AS VOUS. ote ONTAOLEER DAT U VOORLETTERS EN VAN REG INGEWUL IS ‘YUL STUDENTENOMIAC VAN LINES NA REGS FONTROLEER OAT U OE KORREXTE STUDENTENOMMER VERSTREX HET ONTROLEER Dat DIF UNIEKE NOMMEER REG INGEVUL 1S MAAC EKER DAT NETEEM ALTERMATICE PER VRAAG GEMERE 15 Tn aw oF ches as ea ey Hieb as ew es Feds as eo eo no oy 6 cee egeeas col 3 Htaeds es ea ey $ taas wl 8 tras ca oo @ Hapa sy nH mma BL Sta egs ea es Bo does an es Moga eas eb aan ed ey A eres eases Vo tare ce | Wo caep eg eas 13 icp eos eas 3 B dias eo 6 cia ch ca meh 3223 3 ay eed Gh Esch ep eas 9 os Ene ep cp areas 9 fa thy can eas 9 Farts Gs eas 9 eed deeb a C3 eb eb aa 5 een peo ey Foch ah eo 9 eho eds a cas Fie eb co 3 eb eb a 4 gears geese & © wap we] m3 as ca eo] eho eas eb eae] regs ga eo] Hoes obs easel ciety ens ca el 13 eda es es el etic es easel sti eds es a3 e] ete es ea cl cere cas eo ety eda as case Hoag es ae] ced es ra el eben es wel ervean en cao 8 «| Ha a 10 dhs tao His eds 239 143 tego eds en ey as asen cs es meas as aa co Hiab ca ce His cbs 3s ea Hodes 0 6 sivas ets cas ee Eipepeseresre) Dew raes as sete ae Te Romer Ty Ha 5 Te 0 ry 19 2s 32 ey Bo guesen aa ess fee cara ess eas es A Mada fee da eds ds os ob Boma HO daeb ed eo Weta eds eas cas ess a yeas eas er ND saesen as ees M2 Ho eho egs ea 5 B ae B® sida) us 9 mM stags ee cha egi eg eos 5 che eh case Ms aa ae: Bh cia eas eas ea sy ty manne B wea iP oa area s 9 siege eo es} Brrerretrrirs Brrecrnrincs “O F | ta eas es ees es 2) eb «53 Hed a eo oy efreas eds rt 9 aia en a 3 Hoes eb eas eos M Daan sl fees asc We cone ea sy 8 pence mw meas @ tiaras ase W Dada! So dpa aes wed arenes & aaa 1 does as eas | BS caren wm eas & meney acs wm apes chveaies eqs esy daa B tease cadens B dae ae Bh oe gs eas a foo segs chs 684 Me dain | im ase en ses we cae canes 12 ces en ca c5) WH gas Gs cares 10s qpegeegs cds 8) open es| 104 ea ego eds cbs €55 Bed aca es 1 eed a We dais doce |MARK READING SHEET INSTRUCTIONS Your mark reading sheet 1s marked by computer and should therefore be filled in thoroughly and correctly USE ONLY AN HB PENCIL TO COMPLETE YOUR MARK READING SHEET PLEASE DO NOT FOLD OR DAMAGE YOUR MARK READING SHEET ‘Consult the slustraton of a mark reading sheet on the reverse of ths page and follow the instructions step by step when working on your sheet Instruction numbers @ to refer to spaces on your mark reading sheet which you should fill m as, follows © Write your paper code i these eight squares, for mstance ‘The paper number pertains only to first-level courses consisting of wo papers WRITE PE forthe first paper and forthe second Ifonly one paper, then leave blank Fill m your intuals and surname Fill the date of the examination Fill n the name of the examination centre e@o00 WRITE the digns of your student number HORIZONTALLY (rom lef to right) Begin by filing inthe first digit of your student number in the fist square onthe lf, then fill nthe other digits, each one n separate square In each vercal column mark the digit that corresponds othe digtn your student number as follows a WRITE your unique paper number HORIZONTALLY [NB Your unique paper number appears atthe tp of your examination paper and consists only of digs (eg 403326) ° © __incach verucat column mark the digu that corresponds to the digit number in your unique paper umber as follows {-] ® Question numbers Ito 140 indicate corresponding question numbers n your examination paper The five spaces with digits 1 10 5 next to each question number indicate an alternative answer to each question The spaces of which the number correspond to the answer you have chosen for each question and should be marked as follows [-] © For official use by the invigilator Do not fill in any information here