+ UNIVERSITY EXAMINATIONS UNIVERSITEITSEKSAMENS, UNISA IE DSC1520 (499164) October/November 2011 DEPARTMENT OF DECISION SCIENCES QUANTITATIVE MODELLING | Duration 2 Hours 100 Marks EXAMINERS FIRST MRS MF IMMELMAN SECOND DRG DAVIE Programmable pocket calculator 1s permissible This examination question paper remains the property of the University of South Africa and may not be removed from the examination venue ‘This cxammation paper remains the property of the University of South Africa and may not be removed from the ex: ation venue. This examination question papet consists of 17 pages, melucing 4 pages for rough work ‘Phe paper comprises 25 questions that count a total of 100 marks THE USE OF A PROGRAMMABLE CALCULATOR IS PERMITTED. ‘The paper is divided into two patts Seetion A and Section B SECTION A (60] Answer ALL the questions in this section on the mark-ieading sheet supphed Follow the mstructions for completing the mark-reading sheet caefully Also pay attention to the following formation Suppose you are asked the question B42x-1+4-2= a) | ial 4] [5] None of the above The conect answer 18 3 and therefore option {3] should be marked Only one option (mdicated as (1] 2} [}. 4). (6) per question us conect 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 meomrect answers TURN OVER]DSC1520 2 Oct/Nov 2011 Section A consists of 20 questions and counts 60 marks Hancl in the completed mark-teading sheet with your answers for Section B DO NOT STAPLE It! SECTION B ‘This section must be completed m the space provided below each question Section B consists of five questions and counts 40 marks Remember to mclude your MARK-READING SHEET IN YOUR ANSWER BOOK SECTION A joo} Question 1 A company that produces washing machmes decreased rts production last year by 15% per week owing toa financial crisis If the present output 1s 425 washing machmes per week, calculate the size of 11s production before the production cut fi] 362 2] 370 [3] 489 [4] 500 [5] None of the above Question 2 Sumphfy i oB oF i} i) 3 [5] None of the above Question 3 Determine the equation of the Ime that bas a y-mntercept of 3 and 1s patallel 1o the Line y=do+t b) y=se41 Bl y=3 I] y=4e43 Md] yoerd [5] None of the above [TURN OVER] i \ ' | | iDSC1520 3 Oct/Nov 2011 Question 4 ‘The e-ntercept of the Ine 22. iy — 5 1s equal to in [5] none of the above Question 5 ‘The demand function and cost function for a commodity ar given by the equations Demand function Q~ 6000 — 30P Cost function — C(Q) = 72000 + 60Q with P and the price and quantity respectively ‘The total revenue function in terms of P is [l}_ Revenue = 6000 —30P [2] Revenue = 6000P ~ 30P? (3] Revenue = ~30P + 7800P — 108000 [4] Revenue = 360000 ~ 1 800P [5] none of the above Question 6 If the demand function 1s equal to P = 60 ~2,5@ with P and Q the price and quantaty respectively, determme the expression for the price elasticity of demand if the price 1s equal to P= 10 [tl] -2,500 [2] -0,008 [3] -0,800 (4) 0,200 [5] None of the above [TURN OVER]Question 7 Sumphfy uj one [an I) 3L (4 3r8 [5] None of the above Question 8 DSCi520 4 Oct/Nov 2011 (Sy ‘The demand and supply functions for tent hire are given by the equations Demand function Py Supply function Py with Fy and P, respectively the puce demanded and supplied and Q, and Qy the quantity supplied and demanded ‘The equihbrium puice and quantity are lj P= 105, Q=47 P] P=400,Q=24 3 P=70,Q=15 (P= 135, Q=53 [5] none of the above Question 9 Solve the following set of equations {1} Impossible to calculate PB) 7=85,y (3) 5, Lya32=2 ] t= y= [5] None of the above t+ dy2=5 Qu yte=2 yrs? [TURN OVER]DSc1s20 5 Oct/Nov 2011 Question 10 ‘The demand function of a specific product 1s P = 80-2,5Q where P and Q represent the quantity and price respectively Calculate the consumer surplus for the demand function when the market price 1s P=15 fl) 198 (2) Lodo 3] 845 4} 318,75 [5] None of the above Question 11 ‘The roots of the function P+a—6 6,25 ‘ -2and 2 =3 {5} None of the above Question 12 A suppher supplies 50 sports hats when the price is R6 each and 90 hats when the price 1s Ril each Determme the equation of the linear supply function m the form P = f(Q) [I] P=0,125Q — 0,25 fp] P=sQ+2 [3] P = 12,25 -0,125Q [4] P=8-98Q '5] None of the above Question 13 Caleutate logs (482) co four decumnal places [i] 2.3802 PJ 3.4053 [3] 4.8719 [4] 14180 [5] None of the above (URN OVER]DSC1520 6 Oct/Nov 2011 Question 14 The number of peoplo who contracted a contagious discase t days after an epidemie started 1s approx imated by the exponential equation _ 5000 ~ L$ 1 24Ge=0888 Approximately how many people had contracted the disease after 15 days? Qt) fl] 37 (2) 508 B) 2167 [4] 5009 [5] None of the above Question 15 Differentiate the following function 4 Aa) = 32° +04 + VE +300 Qo #@)=3e 408+ 3 BL se) = Ba + 20 + 2002 B) s#@)=a7 42% +27 +3000 [4] fe) = 18 + dr + ba [5] None of the above Question 16 Whats the value of a company’s maximum profit if the profit function (im mullions of rand) x given by P(x) =x" +6247? fi] -R1 millon (2) RS mihion (3) R7 mMon [4] R16 mmhon {5] None of the above [TURN OVER|Question 17 Given the demand function P = 20—0,2Q where P and Q are the price and quantity respectively, calculate the price elasticity of demand in terms of P only Q 2] (3) (4) (5) Pa None of the above Question 18 A company has a total cost function of TC = 29% — Q?+80Q +150 Determine the marginal cost 1f the quantity 15 equal to 10 a 2] (3) (4) (5) 80 us. 600 2850 None of the above Question 19 Determine the following indefinite integral / (2x + 4a) ae fl) 2412024 2] mw +4et+e Bl %4rt+e fd] a tat +e [5] None of the above Question 20 Evaluate the following definite integral acd { (75 + 2n)de fl) so Q 48 [3] 288 ly) 72 [5] None of the above Please turn over for Section B. Dsc1s20 Oct/Nov 2011 (TURN OVER}DSc1520 8 Oct/Nov 2011 SECTION B Remember to include your MARK-READING SHEET in your answer paper. Please fill an your answer to Section A in the spaces promded below before you move on to Secon B an case you mark-reading sheet gets misplaced Question [I [273] 4] 5] 6/7 ii [12 | i3 [14 [15 [16 | iv] is] 19] 0 ‘Option | ‘This section must be completed in the space provided below each question. Question 21 w Pian Beverages produce two ready-mixed cocktails drinks, the Zombie and the Skyjack Bach 13 auixture of vodka, vermouth and ginger It takes 3 litres of vodka, 6 hties of vermouth and one litre of ginger to make a container of Zombie and 5 litres of vodka, 3 lities of vermouth and 2 litres of ginget to make a container of Skyjack ‘The maxunum litres vodka and vermouth available per day aro 1500 Iittes vodka and 1.500 litres of vermouth ‘The mmimum litres ginger available per day 18 400 htres of ginger If eis the number of containeis of Zombie mixed and y the number of containers of skyyack mixed, determme the system of mequalities that best describes this situation Do not solve the system of mequahties {TURN OVER]DSC1520 9 Oct/Nov 2011 Question 22 @ ‘A vinus 1s thought to spread through a game reserve’s impala population according to the equation N 125,502" where N 1s the number of impala infected after days Afie: approximately how many days are 200 impala infected” [TURN OVER]Dscis20 10 Oct/Nov 2011 Question 23 (a) Draw a giaph of the lmes representing the following constraints on the grid below -aty rey ° ny WIAA IA cua and indicate the tegion where all the constraints are satisfied (feasible region) 6) {TURN OVER)DSC1520 u Oct/Nov 2011 (b) Determine the maximum value of P = 22+ 4y, subject to Uhe constraints in (a) “ (TURN OVER]DSC1520 B Oct/Nov 2011 Question 24 Lighting Warehouse produces q solat lamps at a fixed cost of R10000 per week Each lamp costs R150 to produce and is sold for R350 (a) Wute down the equation of total revenue, total cost and profit functions (6) (b) Calculate the break-even quantity per week 2) (c) How many lamps were produced and sold af they made a loss of R2000? @) (TURN OVER]DSC1520 13 Oct/Nov 2011 Question 25 Find the values of a for which the function y = —23 + 927 — 24x + 26 has a minimum or maximum, vale | | | i ie 1 \ ! ] | i TOTAL {200} [TURN OVER}re ROUGH WORK DSCL520 Oct/Nov 2011 [TURN OVER|psc1520 15 Oct/Nov 2011 ROUGH WORK {TURN OVER]DSc1520 to Oct/Nov 2011 ROUGH WORK {TURN OVER}ROUGH WORK DSC1520 Oct/Nov 2011