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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.
1. How many closed necklaces of length 7 can be made with 3 colors? (notice that 7 is a prime) 2. How many closed necklaces of length 10 can be made with 3 colors (this is di erent
TRIGONOMETRY : "The mathematician is fascinated with the marvelous beauty of the forms he constructs, and in their beauty he finds everlasting truth." Example:
how do you find the tan, sin, and cos.
#question what is input and output analysis
Find quadratic equation using the Quadratic Formula: Solve the subsequent quadratic equation using the Quadratic Formula. 4x 2 + 2 = x 2 - 7x: Solution: Step 1.
X and Y are centers of circles of radius 9cm and 2cm and XY = 17cm. Z is the centre of a circle of radius 4 cm, which touches the above circles externally. Given that XZY=90 o , w
finding the vertex for the function of the form f(x)=ax^2+bx+c
Parametric Equations and Polar Coordinates In this part we come across at parametric equations and polar coordinates. When the two subjects don't come out to have that much in
Let be the set of all divisors of n. Construct a Hasse diagram for D15, D20,D30. Check whether it is a lattice Or Complement lattice.
a
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