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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.
please i need the answers to x^_7x+10 i want the vertex,axis of semetery,y intersect and the x intercept
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#a invests Rs 15000IN COMPANY PAYING 10%WHEN Rs100 SHARE IS SOLD AT A PREMIUM OF Rs 20 after a yearASOLD SHARES AT Rs80 EACHAND INVESTEDPROCEEDS IN Rs75SHARES SELLING AT Rs 100 WZI
Sample of Timing and Cost
miaty and yesenia have a group of base ten blocks.Misty has six more than yesnia. Yesenia''s blocks repersent 17 together they have 22 blocks,and the total of blocks repersent 85.
who discovered and when
what is the difference between North America''s part of the total population and Africa''s part
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