Extracted text: A company is considering two insurance plans with coverage and premiums shown in the table. (For example, this means that $50 buys one unit of plan A, consisting of $10,000 fire and theft insurance Fire/Theft and $180,000 of liability insurance.) Answer parts a and b. Policy A Policy B $10,000 $15,000 Liability $180,000 $120,000 Premium $50 $40 ..... a. The company needs at least $450,000 fire and theft insurance and at least $5,400,000 liability from these plans. How many units should be purchased from each plan to minimize the cost of the premiums? What is the minimum premium? The company should purchase 18 units of Policy A and 18 units of Policy B, for a premium of $ 1620 . b. Suppose the premium for policy A is reduced to $25. Now how many units should be purchased from each plan to minimize the cost of the premiums? What is the minimum premium? The company should purchase units of Policy A and units of Policy B, for a premium of $
Extracted text: The given contingency table lists the cross tabulation of the number of business partnerships by industry and whether the partnership reported net income or net loss for the year 2014 in a certain country. Number of Partnerships With Net Income (A) Loss (B) With Net Industry Using the letters given in the table, find the number of partnerships in each of the following sets in parts (a) through (d). Construction (C) 75,189 67,822 Manufacturing (M) 24,029 42,120 Wholesale Trade 37,497 45,229 (W) Retail Trade (R) 86,379 81,527 ..... (a) AUM contains 265214 partnerships. (b) CUR contains 310917 partnerships. (c) CNB contains partnerships. .....