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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.
sin(xy)+x=5y Find the derivative.
The number of seats in each row can be modeled by the formula C_n = 16 + 4n, when n refers to the nth row, and you need 50 rows of seats. (a) Write the sequence for the numb
Find the center and radius of the circle whose equation is 3 x^2 - 8 x+ 3 y^2+ 4 y+ 2 = 0
E1) Create a guessing game for children of Class 2, to familiarise them with the concept of a time interval E2) How could you use group dancing to teach concepts of geometry? Th
write as a percent 6/10
help me with how to write sample of proportion using visual basic
1. Find the number of zeroes of the polynomial y = f(x) whose graph is given in figure. 2 Find the circumcentre of the triangle whose vertices are (-2, -3), (-1, 0) and (7,-6).
HOW WE CAN FACTORISE 12X+7X+1
Consider the function f(x) = x + 1/x 2 + 2x - 3. (a) Find f(2) and f(-2). (b) Find the domain of f(x). (c) Does the range include 1? Show your working. (d) Find and si
Joey has 30 pages to read for history class tonight. He decided in which he would take a break while he finished reading 70% of the pages assigned. How many pages must he read befo
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