Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
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.
Q. Introduction to the Normal Distribution? Ans. The Binomial distribution is a model for what might happen in the future for a discrete random variable. The Normal Distri
1. The length of a rectangle is 2 times its width. The area of the rectangle is 72 square inches. Find the dimensions of the rectangle. 2. The length of a rec
let R be a (noncommutative) ring. Given that a,b and a+b ? R are all units, prove that a^(-1)+b^(-1) is a unit
Utilizes the definition of the limit to prove the given limit. Solution Let M > 0 be any number and we'll have to choose a δ > 0 so that, 1/ x 2 > M
how to divide
Multistage sampling Multistage sampling is similar to stratified sampling except division is done on geographical/location basis, for illustration a country can be divided into
Definition of Relation A relation is a set of ordered pairs. It seems like an odd definition however we'll require it for the definition of a function though, before actuall
how can we represent this mathematical equation on a graph y=2x-1
What is the definition of Set?
how do you do it
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd