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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.
4x+3y+7=0 and 3x+4y+8=0 find the regression coefficient between bxy and byx.
Two circles touching internally at O. OXY, OAB straight lines, the latter passing through the centres. Prove that OX : OY = OA : OB. Given : Two circles touching internally a
Q. Show Inverse Trigonometric Functions? Ans. Many functions, including trig functions, are invertible. The inverse of trig functions are called ‘inverse trig functions'.
let X be a nonempty set. let x belong to X. show that the collection l={ union subset of X : union = empty or belong U
5-4
Determine that in a Boolean algebra, for any a and b, (a Λ b) V (a Λ b' ) = a. Ans: This can be proved either by using the distributive property of join over meet (or of mee
A jet flew at an average speed of 480mph from Point X to Point Y. Because of head winds, the jet averaged only 440mph on the return trip, and the return trip took 25 minutes longer
Proof of Root Test Firstly note that we can suppose without loss of generality that the series will initiate at n = 1 as we've done for all our series test proofs. As well n
what is $6500 jamaican dollars in european money if jamaican $160.13 = 1 european money
Initial Condition(s) are a set of conditions, or a condition on the solution which will permit us to find out that solution which we are after. Initial conditions are frequently a
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