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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.
in triangle abc ab=ac and d is a point on side ac such that bc*bc=ac*cd. prove that bc=bd
Plot the points A(2,0) and B (6,0) on a graph paper. Complete an equilateral triangle ABC such that the ordinate of C be a positive real number .Find the coordinates of C (Ans: (
Find out the x-intercepts & y-intercepts for each of the following equations. y =x 2 +x - 6 Solution As verification for each of these we wil
Surface Area- Applications of integrals In this part we are going to look again at solids of revolution. We very firstly looked at them back in Calculus I while we found the
At rest, the human heart beats once every second. At the strongest part of the beat, a person's blood pressure peaks at 120mmHg. At the most relaxed part of the beat, a person's bl
HOW MANY TENS ONES AND HUNDRED ARE IN A GROUP OF 2
i dont know how to do probobility iam so bad at it
Melisa and Jennifer threw a fiftieth birthday party for their father at a local restaurant. While the bill came, Melisa added a 15% tip of $42. Jennifer said in which the service w
#question.prove that the diagonals of a trapezium divide each other proportionally .
Dividing Mixed Numbers Dividing mixed numbers is a 3-step process: 1. Convert the mixed numbers to improper fractions. 2. Divide the fractions 3. Convert the result ba
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