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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.
1. a) Find the shortest paths from r to all other nodes in the digraph G=(V,E) shown below using the Bellman-Ford algorithm (as taught in class). Please show your work, and draw t
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solve for y given that 3sin^2 y+cos y-1=0 for 0y360
Look on the web for a data base that can be converted to an undirected graph. For example, in Science there is a data base of proteins and their interactions. Each protein can b
Apply depth-first-search to find out the spanning tree for the subsequent graph with vertex d as the starting vertex. Ans: Let us begin with node'd'. Mark d as vi
Find the area of shaded region of circle of radius =7cm, if ∠AOB=70 o , ∠COD=50 o and ∠EOF=60 o . (Ans:77cm 2 ) Ans: Ar( Sector AOB + Sector COD + Sector OEF) = 7
write a program C++ programming language to calculate simple interest, with it algorithm and it flowchart
Differentiate following. Solution : It requires the product rule & each derivative in the product rule will need a chain rule application as well. T ′ ( x ) =1/1+(2x) 2
The Daily News reported that 54% of people surveyed said in which they would vote for Larry Salva for mayor. Based on the survey results, if 23,500 people vote in the election, how
DEVELOPMENT IS CONTINUOUSLY GOING ON : Think of any two children around you. Would you say that they are alike? Do they learn the same things the same way? It is very unlikely be
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