A high quality wine is typically identified by three attributes: (a) its vintage, (b) its variety, and (c) its region. For example, the Optima Winery of Santa Rosa, California produced a wine with a label that stated: 1984, Cabernet Sauvignon, Sonoma County. The wine in the bottle may be a blend of wines, not all of which need be of the vintage, variety, and region specified on the label. In this case, the state of California and the U. S. Department of Alcohol, Tobacco, and Firearms strictly enforce the following limits. To receive the label 1984, Cabernet Sauvignon, Sonoma County, at least 95% of the contents must be of 1984 vintage, at least 75% of the contents must be Cabernet Sauvignon, and at least 85% must be from Sonoma County. Required:
How small might be the fraction of the wine in the bottle that is of 1984 vintage and of the Cabernet Sauvignon variety andfrom grapes grown in Sonoma County

Afinancial institution, the thriftem bank, is in the process of formulating its loan policy for the next quarter. a total of $12 million is allocated for that purpose. being a full-service facility, the bank is obligated to grant loans to different clientele. the following table provides the types of loans, the interest rate charged by the bank, and the possibility of bad debt as estimated from past experience.type of loaninterest rateprobability of bad debtpersonal.140.10car.130.07home.120.03farm.125.05commercial.100.02 bad debts are assumed unrecoverable and hence produce no interest revenue either. competition with other financial institutions in the area requires that the bank allocate at least 40% of the total funds to farm and commercial loans. to assist the housing industry in the region, home loans must equal at least 50% of the personal, car, and home loans. the bank also has a stated policy specifying that the overall ratio for bad debts on all loans may not exceed .04. formulate this problem as a linear program. define your variables clearly and write all the constraints explaining the significance of each.

Florence invested in a factory requiring. federally-mandated reductions in carbon emissions. how will this impact florence as the factory's owner? a. her factory will be worth less once the upgrades are complete. b. her factory will likely be bought by the epa. c. florence will have to invest a large amount of capital to update the factory for little financial gain. d. florence will have to invest a large amount of capital to update the factory for a large financial gain.

Which of the following is an example of a monetary policy? a. the government requires credit card companies to protect customers' privacy. b. the government restricts the amount of money that banks can lend. c. the government lowers taxes and increases spending. d. the government pays for repairing damage from a natural disaster.