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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.
#qu Given the equation through what angle should the axes be rotated so that the term in xy be waiting from the transformed equation. estion..
A jet flew at an average speed of 480mph from Point X to Point Y. Because of head winds, the jet averaged only 440mph on the return trip, and the return trip took 25 minutes longer
draw a right angle isosceles triangle with 9 triangles in it
When the son will be as old as the father today their ages will add up to 126 years. When the father was old as the son is today, their ages add upto 38 years. Find their present
find regular grammar for the following regular expression: a(a+b)*(ab* +ba*)b
2^(x) + 2^(x+3)=36
A={2,3,5,7,11} B={1,3,5,7,9} C={10,20,30,40,......100} D={8,16,24,32,40} E={W,O,R,K} F={Red,Blue,Green} G={March,May} H={Jose,John,Joshua,Javier} I={3,6,9,12,15}
all perimeter and area
angel 1 and angel 2 are what angels?
Consider the following proposal to deskew a skewed bitstream from a TRNG. Consider the bitstream to be a sequence of groups ot n bits for some n > 2. Take the first n bits, and o
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