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Discussion question 1:Can we apply transshipment models to inventory applications? Why or why not?Is the transportation model an example of decision making under certainty or decision making under uncertainty? Why?
suppose that cars arrive at a traffic light according to a Poisson process with a rate of one car per minute starting from t=0 minutes.
What is the probability that a completely unprepared student answers correctly. Solution to "Binomial Distribution" question
An aquarium has a slate bottom that costs 8 cents/sq inch and glass sides which cost 1 cent/sq inch. The aquarium is to have a volume of 1024 cubic inches.
A regression analysis
Determine whether the series is convergent or divergent: 9/(n(n+2)) from n=1 to infinity.
What is the probability that an arriving plane will find at least one other plane waiting to land? Calculate the average time it takes a plane to land and clear the runway once it has notified the airport that it is in the vicinity and wants to lan..
At a one percent level of significance, test to see if the mean of the population is at least twelve ounces. Write your conclusion?
A study of freeway flow at a particular site has resulted in a flow-density relationship.
Show that if 7 integers are selected from the first 10 positive integers there must be at least 2 pairs of these integers with the sum 11
Venture capital in internet-related companies in the first quarter of 1996 was $148.7 million. In the first quarter of 1997, venture capital increased to $309.1 million. Find the percent increase in venture capital for internet-related companies f..
The distance, D, in miles, that you can drive on $1 worth of gas as a function of the cost, g, in dollars, of a gallon of gas can be modeled by the power function: D(g) = 22.02g^-1.02
The probability P, If the random variable z is the standard normal score, is it true that P(-1
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