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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.
4 boys and 4 girls are to seated in arow i)no. of girls sit together ii)not all girls sit together iii)boys and girls are altenate to each other iv)if a particular boy and g
Example : Back into the complex root section we complete the claim that y 1 (t ) = e l t cos(µt) and y 2 (t) = e l t sin(µt) Those were a basic set of soluti
265 divided by 7
26 + 34=
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sin 4 x - sin x = 0
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Q. Explain Venn diagrams? Ans. Venn diagrams, named after the Englishman John Venn, are "area" or "region" diagrams that can be used to help visualize and organize differe
question..A Circular rug is 6 yards in diameter. Binding for the edge of the rug cost $2.00 per yard . what eill it cost to bind the rug
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