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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.
A passenger jet took 3 hours to fly 1800 km in the direction of the jetstream. The return trip against the jetstream took four hours. What was the jet's speed in still air and the
Prove that the Digraph of a partial order has no cycle of length greater than 1. Assume that there exists a cycle of length n ≥ 2 in the digraph of a partial order ≤ on a set A
265 divided by 7
Primary, note that quadratic is another term for second degree polynomial. Thus we know that the largest exponent into a quadratic polynomial will be a2. In these problems we will
show that the subtangent at any point on parabola y2 =4ax is twice the abscissa at that point.
(-2x^2y4)(10xy^2)^3
Bob is 2 years from being double as old as Ellen. The sum of twice Bob's age and three times Ellen's age is 66. How old is Ellen? Let x = Ellen's age and let y = Bob's age. Sin
let setM={X,2X,4X} for any numberX .if average (arthemetic mean)of the number in setM is 14.what is the value of X?
what is Value Delivery
What is partial market equilibrium
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