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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.
An elevated cylindrical shaped water tower is in require of paint. If the radius of the tower is 10 ft and the tower is 40 ft tall, what is the net area to be painted? (π = 3.14)
Perform each of the following algebraic expression as instruction says;- I.Multiply 5x+6m+4y by5 II.Divide 4ax+6ay-10az by 2a
Determine if the subsequent series is convergent or divergent. Solution As the cosine term in the denominator doesn't get too large we can suppose that the series term
Ashley's car insurance costs her $115 per month. How much does it cost her per year? Multiply $115 by 12 because there are 12 months in a year; $115 × $12 = $1,380 per year.
in the horizontal bar event the u.s.a scored 28.636,gremany scroed 28.7,romnia scored 27.962,and chain scored 28.537 points.which list shows these scored in descending order
transportation problem project
Given A and B A = | 1 0 1 | B = | 1 1 0 | | 1 1 0 | | 0 1 1 | | 0
R is called as a transitive relation if (a, b) € R, (b, c) € R → (a, c) € R In other terms if a belongs to b, b belongs to c, then a belongs to c. Transitivity be uns
rouding each number to the nearest half
Doing these sums initially in this way helps children see why they carry over numbers to the next column. You may like to devise some related activities now. , EI) Give activ
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