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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.
Q. Explain Venn diagrams? Ans. Venn diagrams, named after the Englishman John Venn, are "area" or "region" diagrams that can be used to help visualize and organize differe
what is 5x - 14x + 7x =
Perform the denoted operation for each of the following. (a) Add 6x 5 -10x 2 + x - 45 to 13x 2 - 9 x + 4 . (b) Subtract 5x 3 - 9 x 2 + x - 3 from x 2+ x +1.
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 Cleaning solution has 40% vinegar. Find the amount of vinegar in 32 ounces of the solution>
AskIf y=e^(a?sin?^(-1) x), prove that (1 – x2)yn+2 – (2n + 1)xyn+1 – (n2 + a2)yn = 0. Hence find the value of yn when x = 0. question #Minimum 100 words accepted#
the first question should be done using the website given (www.desmos.com/calculator )and another good example to explain using the graph ( https://www.desmos.com/calculator/ydimzr
Given two functions f(x) and g(x) which are differentiable on some interval I (1) If W (f,g) (x 0 ) ≠ 0 for some x 0 in I, so f(x) and g(x) are linearly independent on the int
How do get help with my work? should i just type it in this box...? sorry thanks!
Explain sparse matrix and Dense matrix?
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