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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.
w/ You could use this sample code to test your C functions // Please make appropriate changes to use this for C++. // Following main function contains 3 representative test cases
which ratio is largar. 1. 15:16 or 24:25
Solve the subsequent quadratic equation: Solve the subsequent quadratic equation through taking the square roots of both sides. 3x 2 = 100 - x 2 Solution: Step 1
Example : Back into the complex root section we complete the claim that y 1 (t ) = e l t cos(µt) and y 2 (t) = e l t sin(µt) Those were a basic set of soluti
Find the sum of all natural no. between 101 & 304 which are divisible by 3 or 5. Find their sum. Ans: No let 101 and 304, which are divisible by 3. 102, 105..........
If α, β are the zeros of the polynomial x 2 +8x +6 frame a Quadratic polynomial whose zeros are a) 1/α and 1/β b) 1+ β/α , 1+ α/β. Ans. P(x) = x 2 +8x +6 α + β = -8
Vector Arithmetic In this part we need to have a brief discussion of vector arithmetic. Addition We will begin with addition of two vectors. Thus, given the vectors a
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Ask qudefination of empty matrixestion #Minimum 100 words accepted#
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