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A department store faces a decision for a seasonal product for which demand can be high, medium or low. The purchaser can order 1, 2 or 3 lots of this product before the season begins but cannot reorder later. Profit projections (in thousands of euro) are shown below
1. If the probabilities are 0.3 for high, 0.3 for medium and 0.4 for low, what is the recommended order quantity? Calculate the expected return based on these values.
2. Simulate twenty seasons and identify the recommended order quantity from this simulation.
3. Calculate the average return based on the simulated demand and compare your result with the expected return.
Cardioids and Limacons These can be split up into the following three cases. 1. Cardioids: r = a + a cos θ and r = a + a sin θ. These encompass a graph that is vaguel
|a.x|=1 where x = i-2j+2k then calculate a
what is the elements of marketing
In traveling three-fourths of the way around a traffic circle a car travels 0.228 mi. What is the radius of the traffic circle? The radius of the traffic circle is ____ mi.
Conclude the values of the six trigonometric functions: Conclude the values of the six trigonometric functions of an angle formed through the x-axis and a line connecting the
29x27
Integration Techniques In this section we are going to be looking at several integration techniques and methods. There are a fair number of integration techniques and some wil
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Get the Delta H (Enthalpy) and Delta V (Volume) of the both components below and compare by ratio. You need to use clapeyron equation and also need to draw the graphs. S A LG
y=9x-5x+2 and y=4+12
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