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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.
if area of a rectangle is 27 sqmtr and it perimeter is 24 m find the length and breath#
Find the Regular Grammar for the following Regular Expression: a(a+b)*(ab*+ba*)b.
First, see that the right hand side of equation (2) is a polynomial and thus continuous. This implies that this can only change sign if this firstly goes by zero. Therefore, if the
limit x APProaches infinity (1+1/x)x=e
Differentiate following functions. Solution At this point there in fact isn't a lot of cause to use the product rule. We will utilize the product rule. As we add
If ABCD isaa square of side 6 cm find area of shaded region
if you start a business and john creates 6 t shirts more than pedro and pedro four t shirts less than eva and between the three of then made 22 tshirts, how many t-shirts made each
the mean and standarddeviation of set a is -x ans s respectively.find the mean and standard deviation of set b
what is 2+2
Can you help me with matlab coursework?
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