1. If we denote the year of birth by x and the age by y, a simple model would be that:
Another function is the cost of life ensurance (the older you are the more expensive ensurance you can get) g(y)=c*y (c – constant tariff)
Composite function:
gy = g(2013-x)= c*(2013-x)= 2013*c-x*c 2. Time to get to work =W Trafic rate=c Time=t
The dependance between the ratio of trafic and the time to get to work is:
W(c)=c+1 (assume the maximum rate of traffic and the minumum amount of time to get to work (0 level of traffic) is 1 hour. The dependance between ...