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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.
basic linear algebra concepts and calculations in photogrammetry
200000+500
Prove that in any triangle the sum of the squares of any two sides is equal to twice the square of half of the third side together with twice the square of the median, which bisect
Leslie ordered a slice of pizza for $1.95, a salad for $2.25, and a soda for $1.05. What was the total cost of her order? The cost of every item must be added together; $1.95 +
if perimeter is 300m length is 100m.find the breadth
Determine the inverse transform of each of the subsequent. (a) F(s) = (6/s) - (1/(s - 8)) + (4 /(s -3)) (b) H(s) = (19/(s+2)) - (1/(3s - 5)) + (7/s 2 ) (c) F(s) =
a, b,c are in h.p prove that a/b+c-a, b/a+c-b, c/a+b-c are in h.p To prove: (b+c-a)/a; (a+c-b)/b; (a+b-c)/c are in A.P or (b+c)/a; (a+c)/b; (a+b)/c are in A.P or 1/a; 1
Multiply following. Assume that x is positive. (3√x-√y)(2√x-5√y) Solution (3√x-√y)(2√x-5√y) =6√x 2 -15√x√y-2√x√y+5√y
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