Introduction to Quantitative Techniques

ASSESSMENT TYPE: Assignment 1 paper only

TOTAL MARK ALLOCATION: 100

TOTAL HOURS: 10

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MODULE CODE:

er the terms in the registration contract, in particular the assignment and assessment rules in The I

nless it is a direct quote indicated with quotation marks. No more than 10% of the assignment ma plagiarism. Please ensure you attach an originality report to your assignment if required. nically).

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Item                    Price (Rands)                                  Quantity                                  Total Cost (Rands)

Firelighters                  18                                                    1

Charcoal                       50                                                    2

Meat Pack                  127                                                   4

Bottle Of Coke            26                                                    3

Bag Of Chips                22                                                    3

Bottle Of Water         16                                                    5

                                                                                   Overall Total Cost (Rands) =                  850

                                                                                                                      Discount =                  102

                                                                   Overall Total Cost Minus Discount =                  742

                                                                                      Average Cost Per Person =                67.45

      Day And Date           Temperature (°C)

Monday the 1st                             -4

Tuesday the 2nd                            -1

Wednesday the 3rd                      -7

Thursday the 4th                           -5

      Friday the 5th                           -3

Saturday the 6th                           -2

     Sunday the 7th                          -6

Day And Date Of Highest Minimum Nightly Temperature =

Highest Minimum Nightly Temperature =

Day And Date Of Lowest Minimum Nightly Temperature =

Lowest Minimum Nightly Temperature =

Average Minimum Nightly Temperature =

Minimum Nightly Temperature on the 9th and the 10th 

Tuesday the 2nd

-1

Wednesday the 3rd

-7

-4

-7

Student

Maths

% Mark

Science

% Mark

English

% Mark

Student's Average Mark (%)

Vusi

186

93

45

75

72

90

86

Beth

184

92

48

80

76

95

89

Tebogo

156

78

39

65

68

85

76

Heather

176

88

57

95

72

90

91

Adel

174

87

36

60

72

90

79

Bianca

142

71

42

70

60

75

72

Candice

140

70

36

60

64

80

70

Dylan

138

69

33

55

52

65

63

Average Maths Mark (%) =

Average Science Mark (%) =

Average English Mark (%) = Average Overall Mark (%) =

81

70

83.75

78.25

 

John

Paul

George

Contribution to start-up capital (in rands) =

80000

60000

40000

Contributions as ratio =

1:8

1:6

1:4

Share of first year's profit of R50 000 =

20000

15000

10000

Share of second year's profit =

72000

54000

36000

Richard

20000

2

5000

18000                        Second year's profit =     180000

Shareholder       Proportion Of Shares    Percentage Of Shares

        Stuart                              1/28                                       3.60

      Kenneth                            1/8                                        12.50

      Dominic                           3/14                                      21.43

          Gary                             13/56                                     23.21

        Gregg                              2/7                                        28.60

           Jeff                                3/28                                      11.00

                                     Owner of highest proportion of shares =       Gregg

Gregg and Gary's combined % shareholding =        51.81 Gregg, Gary and Stuart's combined % shareholding =           55.41

Favourite Fast Food Restaurant           Number Of Consumers                      Favourite Fast Food Restaurant

                                KFC                                                        40                                                                      KFC

                        McDonalds                                                 20                                                               McDonalds

                        Burger King                                                80                                                              Burger King

Percentage Of Consumers

72

36

144

Age Of Passenger (Years)          Number Of Passengers

                      5 -< 15                                                4

                    15 -< 25                                             20

                    25 -< 35                                             34

                    35 -< 45                                             30

                    45 -< 55                                             12