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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.
Differentiate the following functions. (a) f (t ) = 4 cos -1 (t ) -10 tan -1 (t ) (b) y = √z sin -1 ( z ) Solution (a) Not much to carry out with this one other
Common Graphs : In this section we introduce common graph of many of the basic functions. They all are given below as a form of example Example Graph y = - 2/5 x + 3 .
A family may deduct 24% of their childcare expenses from their income tax owed. If a family had $1,345 in childcare expenses, how much can they deduct? Find out 24% of $1,345 b
what is the history of unitary method
Problem1: Find the general solution on -π/2 Dy/dx +(tan x)y =(sin 2 x)y 4
AFIGURE THIS OUT(3) (14) (17) (20) (25)= 8 WHAT ARE THE PROCEDURES (-)(+)(x)(div) BETWEEN EACH NUMBER TO COME UP WITH 8 ?sk question #Minimum 100 words accepted#
how it will be ? = ? + Ø
Round 468.235 to the nearest hundredth ? The hundredths place is the second digit to the right of the decimal point (3). To decide how to round, you must like as at the digit t
Two tangents PA and PB are drawn to the circle with center O, such that ∠APB=120 o . Prove that OP=2AP. Ans: Given : - ∠APB = 120o Construction : -Join OP To prove : -
Inverse Cosine : Now see at inverse cosine. Following is the definition for the inverse cosine. y = cos -1 x ⇔ cos y = x for
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