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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.
Prove that a reaction following the rate law v = k[A] 2 is characterized by a linear plot of [P] t 1 versus t-l, where P is the product of the stoichiometric reaction A = P. Sho
what is 8e^3x + 4 = 15
Sharon purchased six adult movie tickets. She spent $43.50 on the tickets. How much was each ticket? To ?nd out the price of each individual ticket, you should divide the total
round to the nearest hundreths 1677.76
Determine the matrix of transformation for the orthogonal projection onto the line L that passes through the origin and is in the direction Û=(3/13 , 4/13 , 12/13). Determine the r
Define an ordered rooted tree. Cite any two applications of the tree structure, also illustrate using an example each the purpose of the usage. Ans: A tree is a graph like t
construct aquadrilaterl PQRSin which pq=3.5cm qr=6.5cm ,p=60 ,q=105 ,s=75
Differentials : In this section we will introduce a notation. We will also look at an application of this new notation. Given a function y = f ( x ) we call dy & dx differen
1) Find the maxima and minima of f(x,y,z) = 2x + y -3z subject to the constraint 2x^2+y^2+2z^2=1 2) Compute the work done by the force ?eld F(x,y,z) = x^2I + y j +y k in moving
1. How many closed necklaces of length 7 can be made with 3 colors? (notice that 7 is a prime) 2. How many closed necklaces of length 10 can be made with 3 colors (this is di erent
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