Problem A:
You own two islands, both of which are prime vacationing destinations: Palm Island and Rock Island. Palm Island is nicknamed "Itchy" Island due to an out-of-control mosquito population. Rock Island is nicknamed "Crawling" Island due to its out-of-control ant population. Aside from the number of mosquitoes or ants living on each island at any given time, there are no other factors that affect the number of tourists who leave.
The number of visitors who leave "Itchy" Island each day is equivalent to the mosquito population times 0.03.
The number of visitors who leave "Crawling" Island each day is equivalent to the ant population times 0.05.
The mosquito population on "Itchy" Island is currently 28,000.
The ant population on "Crawling" Island is currently 17,000.
It costs $1.00 to kill each mosquito or ant (they're tough!). You have $2000 budgeted for pest control.
How much of the $2000 should be spent killing mosquitoes on "Itchy" Island and how much should be spent killing ants on "Crawling" Island in order to keep the most tourists tomorrow?
Edit: Without showing favoritism to any one island over the others (number of tourists leaving each island should be as close as possible).
Problem B:
You buy a new island, Seal "Buzz" Island, which is infested with bees.
The number of visitors who leave "Buzz" Island each day is equivalent to the bee population times 0.08 (especially high due to allergies).
The bee population on "Buzz" Island is currently 14,000.
It also costs $1.00 to kill each bee. You have $5000 budgeted for pest control.
How much of the $5000 should be spent killing mosquitoes, ants, and bees on each of the three islands in order to keep the most tourists tomorrow?
Edit: Without showing favoritism to any one island over the others (number of tourists leaving each island should be as close as possible).
Problem C:
You own n islands, each of which has an out-of-control population of some pest.
The number of visitors who leave each island each day is the population times {V1, V2, V3, ...} (ex. 0.04, 0.08, 0.12)
The population of pests on each island is {P1, P2, P3, ...} (ex. 115,000, 100,000, 85,000)
It costs $1.00 to kill each pest. You have $B (ex. $10,000) budgeted for pest control.
Derive a general solution for finding the amount which should be spent on island n, Sn, in order to keep the most tourists.
Edit: Without showing favoritism to any one island over the others (number of tourists leaving each island should be as close as possible).
Guidelines:
- Any formula which provides the right answer in every case will be deemed correct.
- Any answer which does not include a general solution will be considered incomplete.
- All tools, references, knowledge, etc. are fair game.
- The answer does not have to be 100% original work, but must cite any sources used.
- After some solutions have been posted, I will share my own and explain the real-world (read: boring) motivation behind this problem
If you provide a working general solution, and you so desire, I will make you a custom rank for your forum profile.