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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.
Find out the volume of the solid obtained by rotating the region bounded by y = (x -1) ( x - 3) 2 and the x-axis about the y-axis. Solution Let's first graph the bounded r
Explain the rules of Divisibility ? Divisible by 2: If the last digit is a 0, 2, 4, 6, or 8, the number is evenly divisible by 2. Divisible by 2 Not
List the five most important things you learned about high dimensions.
Ask question I have 2 problems I need them after 7 hours
y=3x+logp
Steps for Alternating Series Test Suppose that we have a series ∑a n and either a n = (-1) n b n or a n = (-1) n+1 b n where b n > 0 for all n. Then if, 1.
what is the main different between mean and median
a group of 3o students is planning a thanksgiving party items needed hats @ $2.50 each.noise makers@$4.00 per pack of 5.Ballons @$5.00 per pack of 10.how many packs of noisemakers
RS=8y+4 ST=4y+8 RT=15y-9 a.) WHAT IS THE VALUE OF y b.) FIND RS, ST, AND RT
length of subnormal to the curve y2=2x+1 at (4,3)
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