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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.
Ashley's car insurance costs her $115 per month. How much does it cost her per year? Multiply $115 by 12 because there are 12 months in a year; $115 × $12 = $1,380 per year.
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Show that 571 is a prime number. Ans: Let x=571⇒√x=√571 Now 571 lies between the perfect squares of (23)2 and (24)2 Prime numbers less than 24 are 2,3,5,7,11,13,17,1
what does 4/100+1/10=
A valid identifier in the programming language FORTAN contains a string of one to six alphanumeric characters (the 36 characters A, B,...., Z, 0, 1,...9) starting with a letter. De
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The radius of the in circle of a triangle is 4cm and the segments into which one side is divided by the point of contact are 6cm and 8cm. Determine the other two sides of the tria
whole number
It is totally possible that a or b could be zero and thus in 16 i the real part is zero. While the real part is zero we frequently will call the complex numbers a purely imaginar
of all those survey 390 were under 18 years of age if 20%were 18, how many responded to the survey
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