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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.
In a digital filter, one of the parameters in its difference equation is given by the formula a) Show that the above formula has one horizontal and one vertical asymptote.
a group of 3o students is planning a thanksgiving party items needed hats @ $2.50 each.noise makers@$4.00 per pack of 5.Ballons @$5.00 per pack of 10.how many packs of noisemakers
E1) Why don't you think of some activities for the same purpose now? E2) Suggest, in detail, another activity for helping a child grasp the algorithm for division. We come to
Q. How to plot Line Graphs? Ans. Line graphs can be useful in analyzing data. They are particularly helpful when you are interpolating or extrapolating information from y
Find out if each of the subsequent series are absolute convergent, conditionally convergent or divergent. Solution: (a) The above is the alternating harmonic ser
how do you differentiate sinx/ex?
ABC is a triangle right angled at c. let BC=a, CA=b, AB=c and lrt p be the length of the perpendicular from C on AB. prove that cp=ab and 1/p2=1/a2+1/b2
how many zeros comes in crore, lac,billion etc.
If sin? = 1/2 , show that 3cos?-4cos 3 ? = 0. Ans: Sin ? = ½ ⇒ ? = 30 o Substituting in place of ? =30 o . We get 0.
f(x)+f(x+1/2) =1 f(x)=1-f(x+1/2) 0∫2f(x)dx=0∫21-f(x+1/2)dx 0∫2f(x)dx=2-0∫2f(x+1/2)dx take (x+1/2)=v dx=dv 0∫2f(v)dv=2-0∫2f(v)dv 2(0∫2f(v)dv)=2 0∫2f(v)dv=1 0∫2f(x)dx=1
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