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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.
Consider the equation x 2 y′′+ xy′- y = 4x ln x (a) Verify that x is a solution to the homogeneous equation. (b) Use the method of reduction of order to derive the second
limit x APProaches infinity (1+1/x)x=e
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Evaluate both of the following limits. Solution : Firstly, the only difference among these two is that one is going to +ve infinity and the other is going to negative inf
1. Construct a grammar G such that L(G) = L(M) where M is the PDA in the previous question. Then show that the word aaaabb is generated by G. 2. Prove, using the Pumping Lemma f
angel 1 and angel 2 are what angels?
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By such interactions children learn to articulate reasons and construct arguments. When a child is exposed to several interactions of this kind, she gradually develops the ability
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greens function for x''''=0, x(1)=0, x''(0)+x''(1)=0 is G(t,s)= {1-s for t or equal to s
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