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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.
A set consists of (2n+1) elements. If the number of subsets of this set which consist of at most n elements is 8192. Find out the value of n. Ans: The following set has (2n + 1
convert the equation 4x^2+4y^2-4x-12y+1=0 to standard form and determine the center and radius of the circle. sketch the graph.
The sides of a triangle are x^(2 )+x+1, 2x+1,x^2-1, prove that the largest angle is 120 degrees, and find range of x. Ans) The biggest side is x^(2) + x + 1 so findout the angl
r=asin3x
Find the number of zeros of the polynomial from the graph given. (Ans:1)
Definition 1. We say that f(x) consist an absolute (or global) maximum at x = c if f ( x ) ≤ f (c ) for every x in the domain we are working on. 2. We say that at x = c ,
Mr. Pelicas took his family out to dinner. The bill was $65.00. He would such as to leave a 20% tip. How much should he leave? Find 20% by multiplying $65 through the decimal e
defination of uper boundarie .
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
A poll tilts towards the sun at an 8 o angle from the vertical at it casta 22-ft shadow. The angle of elevation from the shadow to the top of the pole is 43 o . How tall is th
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