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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.
Evaluate the given limit. Solution : It is a combination of many of the functions listed above and none of the limited are violated so all we have to do is plug in x = 3
Differentiate y = x x Solution : We've illustrated two functions similar to this at this point. d ( x n ) /dx = nx n -1 d (a x ) /dx= a
A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y paper i
10:30:45
The length of the sides of a triangle are 2x + y/2 , 5 x/3 + y + 1/2 and 2/3 x + 2y + 5/2. If the triangle is equilateral. Find its perimeter. A ns: 2x + y/2 = 4x + y
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Hi, I don''t know how to solve 2(5x+3)
the length of three pieces of ropes are 140cm,150cm and 200cm.what is the greatest possible length to measure the given pieces of a rope?
Solve x^2 - 2x -15 = 0
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