Marking Scheme Maths M P3 2013

1. P = 12,000 A = 12000 ( 1 + t=3 r = 0.04 m = 12 M1A1 r = 0.04 m = 12

= RM 13527.26 t = 10

To repay loan, . P = 13527.26

R =

RM 136.96

M1

The monthly payment over 10 years is RM 136.96. 2. max { -4,1,-5 } = 1 min { 1, 4, 5 } = 1 (i) Player S chooses strategy Saddle point = ( 2, 1 )

A1

[4]

M1 and player U chooses strategy B1 . A1

(ii) The game has a value of 1 not zero, it is not a fair game. The game favours player S. B1B1 [5] ___________________________________________________________________________ 3. Let cost function, C(x) = 2200 + 10x B1 (i) revenue function, R(x) = 120x B1
RM

R(x)

(ii)

120x > 2200 + 10x 110 x > 2200 x > 20

M1
Profit 2200 C(q)

D1D1
x

0 The company makes profit if it produces 20 and sells more than 20 units of items. A1 [6] ________________________________________________________________________ 4. C = RM 50 = RM 175 = 0.12 x RM 50 = RM 6 Annual demand = 60 x12 = 720

(i) = = =3.5 = 204.94 205 units. M1A1 M1A1 + M1A1 [8]

4 orders per year

(ii) Minimum total annual inventory cost = 50 ( 720 ) + = RM 37229.63 (iii) r = x 14 = 40.32 40 units. M1A1

Marking Scheme Maths M P3 2013

5. (i) The critical path is A-E-F-G-H-I with the minimum completion time of the project is 18 days. B1 B1 (ii)
Activity A B C D E F G H I Duration 3 3 6 2 6 2 1 4 2 EST 0 3 0 6 3 9 11 12 16 LFT 3 9 10 12 9 11 12 16 18 Total Float 0 3 4 4 0 0 0 0 0

B1 B1 B1 iii) If the duration of activity B is extended by 2 days, the project will not be delayed because the total float of B is 3 days. Delaying for 2 days will not affect the entire project completion time. B1B1 (iii) Gnatt Chart: Time
1 2 A B C D 3 4 5 6 E 7 8 9 10 F 11 12 G 13 14 H 15 16 17 I 18

M1AI

Resource Histogram : Worker

1 16 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 2 3 4 5 6 7 8

Time
9 10 11 12 13 14 15

M1AI
16 17 18

B
D

H A E F G I

[11]

Marking Scheme Maths M P3 2013

6. i.

Let x = number of type A key chain produced. y = number of type B key chain produced. Maximize, Z = x + 1.2 y or Subject to : 2x + y 180 x + 3y 300 x,y 0 x+ y B1 B1 B1

i i.

Zx y =0 2x + y + s1 = 180 x + 3y + s2 = 300 x , y , s1, s2 0

Z 1 0 0 1 0 0 x -1 2 1 y s1 0 1 0 0 1 0 s2 0 0 1 Solution 0

Z Initial Tableau s1 s2 Z Tableau 2 s1 y

M1
1 3 0 0 1 180 300 120 80 100

M1

Tableau 3

x y

0 0

1 0

0 1

48 84

M1A1

x = 48 units , y = 84 units. The maximum profit is RM 148.80

B1 B1 M1A1

[11]

Marking Scheme Maths M P3 2013

7. P( x ) = R(x) C(x) (i) C (x) = 20 000 + 200x + 3

B1

At break-even point : R (x) = C (x) M1 5000 + 650x = 20 000 + 200x + 3 x 150x + 5000 = 0 ( x 50 ) ( x 100 ) = 0 M1 x = 50 , x = 100 The break-even quantities are 50 and 100 units of health equipments. (ii) C( 101) = 20 000 + 200x + 3 = RM70 803 C( 100) = 20 000 + 200x + 3 = RM70 000 The exact cost of producing the health equipment is RM70 803 - RM70 000 = RM 803

A1

M1 ( Both correct ) A1

(iii) R`(x) = 6 50 and R`(x) = C`( x ) 6 50 = 200 + 6x x = 75

C`(x) = 200 + 6x M1 A1

R``( x ) = 0 and C`` ( x ) = 6 M1 ( Both correct ) Since R``( x ) < C`` ( x ) for x = 75, then the maximum profit is obtained by producing 75 units of DVD recorders. A1 The maximum profit is P ( 75 ) = -15 000 + 450x ( 75 ) - 3( = RM 1875 M1A1

(iii) D1 ( Both line of R(x) & C(x) correct) D1 ( Break-even points ) D1 ( Maximum profit )

[15]

Marking Scheme Maths M P3 2013

8. (

) M1

(i) The pay-off matrix can be reduced to 2 x 2 matrix q Proposal Contract A 1 9.5 3 6.0 1q

p 1-p

C 7.0 10.0

A1

The expected gain for un ion of workers is ( p )(9.5) + ( 1 p )(6) = 3.5p + 6 M1 ( p )(7) + ( 1 p )(10) = 10 3p

The expected loss for union of workers is ( q )(9.5) + ( 1 q )(7) 2.5q + 7 M1 ( p )(6) + ( 1 q )(10) = 10 4q

D1D1

D1D1

When the optimal occurs, 3.5p + 6 = 10 3p M1 p = 8/13

When the optimal occurs, 2.5q + 7 = 10 4q M1 q = 6/13

The optimal strategy : For union of workers ( 8/13 , 0 , 5/13 ) A1 For manager of the multinational company ( 6/13 , 0 , 7/13 ) A1 (ii) The union of workers will choose Proposal 1 & Proposal 3. (iii) The value of the game is = = 8.15 8 B1 M1A1 [15]