Expected annual profit for the bus

If he uses the maximin criteria, which size bus would he purchase? If he uses Bayes' decision rule, which size bus would he purchase? What is the expected annual profit for the bus that he will decide to purchase using Bayes' decision rule?

  Quantitative forecasting methods-qualitative forecasting

Briefly describe how simulation could be used to assist decision makers in regards to new product development? Give an example of how Decision analysis could be used to determine an optimal strategy? Briefly describe several decision alternatives a ..

  Germanium pn-junction diode

Is Zener breakdown more likely to occur in a reverse-biased silicon or germanium pn-junction diode if the peak electric field is the same in both diodes? Please explain why it is one or the other.

  Mathematics

  Kind of t-shirt should the club order

It will sell "ordinary" T-shirts at profit of $4 each, "fancy" T-shirts at profit of $5 each, and "very fancy" T-shirts at a profit of $4 each. How many of each kind of T-shirt should the club order to maximize profit?

  Identify at least five work breakdown structure elements

Identify two adequate size metrics for the product or service of your choice. Provide a description of each size metric and explain why they would be reliable.

  Randomly selected households in the area

It conducts a telephone poll of 300 randomly selected households in the area and finds that 100 have dvd players. state the p-vaule of the test.

  Explain how an evaporative air conditioner works

She tells you that her flat is 100 square meters and that the ceilings are 3 meters high. She is concerned that the air conditioner will use too much water and so be too expensive. Calculate the amount of water it will take to cool the air in Mrs...

  What is the minimum-cost purchase plan for universal

Taking Discounts Universal Technologies, Inc. has identified two qualified vendors with the capability to supply some of its electronic components.

  Determine the current value of the stock

Design Logic is a fast growing company that distributes 20% of its earnings as dividends. An institutional investor plans to hold the company stock for 10 year.

  Calculate the residuals

What would be your answer to the following queries regarding multiple regression analysis?

  What is the cumulative distribution function of time failure

For the pressure transducer mentioned in Problem, use the failure rate function to estimate the likelihood that a transducer that has been operating.