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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.
Determine if the three vectors a → = (1, 4, -7), b → = (2, -1, 4) and c → = (0, -9, 18) lie in similar plane or not. Solution Thus, as we noted prior to this example al
mention the characteristic of mathematic
4.2^2x+1-9.2^x+1=0
Compute the linear convolution of the discrete-time signal x(n) ={3, 2, 2,1} and the impulse response function of a filter h(n) = {2, 1, 3} using the DFT and the IDFT.
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Compare and contrast African immigrants with our immigrant groups? How are they different? What are the implications of these differences for their adjustment to the larger society
A 20-foot light post shows a shadow 25 feet long. At the similar time, a building nearby casts a shadow 50 feet long. determine the height of building? a. 40 ft b. 62.5 ft
Prove that a simple graph is connected if and only if it has a spanning tree. Ans: First assume that a simple graph G has a spanning tree T. T consists of every node of G.
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use the bionomial theorem to expand x+2/(2-X)(WHOLE SQUARE 2)
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