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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 large pipe dispenses 750 gallons of water in 50 seconds. At this rate, how long will it take to dispense 330 gallons? Find out the number of gallons per second by dividing 75
Question: Find all third order partial derivatives for the function F(x,y)= log xy+ e (x+y) -x/y.
Find a power series representation for the subsequent function and find out its interval of convergence. g (x) = 1/1+x 3 Solution What we require to do here is to rela
Compute the dot product for each of the subsequent equation (a) v → = 5i → - 8j → , w → = i → + 2j → (b) a → = (0, 3, -7) , b → = (2, 3,1) Solution (a) v →
equivalent decimal for 25%
-8 plus (-17)
Callie's grandmother pledged $0.50 for each mile Callie walked in her walk-a-thon. Callie walked 9 miles. How much does her grandmother owe? Multiply the number of miles (9) th
a) Using Karnaugh map, show X': A'BC'D'+ ABC'D'+ A'BCD'+ ABCD' (b) If R is an equival
Consider the clique graph below. a) How many subgraphs of G with 3 nodes are there? b) How many of the subgraphs defined in part(a) are induced subgraphs?
A computer is programmed to scan the digits of the counting numbers.For example,if it scans 1 2 3 4 5 6 7 8 9 10 11 12 13 then it has scanned 17 digits all together. If the comput
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