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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.
There are only Chinese and Malay pupils in a hall.The ratio of the number of boys to the number of girls is 2:3.The ratio of the number of Chinese boys to the number of Malay boys
If ABC is an obtuse angled triangle, obtuse angled at B and if AD⊥CB Prove that AC 2 =AB 2 + BC 2 +2BCxBD Ans: AC 2 = AD 2 + CD 2 = AD 2 + (BC + BD) 2 = A
Define the given satatement : 1.sin90-sin89=sin10 using pythagoras theoram 2. How can any value of sin and cosis always given any value of cosec.
alpha and beta are concentric angles of two points A and B on the ellipse.
If y 1 (t) and y 2 (t) are two solutions to y′′ + p (t ) y′ + q (t ) y = 0 So the Wronskian of the two solutions is, W(y 1 ,y 2 )(t) = =
1) Compute the center of mass of the solid of unit density 1 bounded (in spherical coordinates) by p=1 and by φ is greater than or equal 0 and less than or equal pi/4
y"-3y''-4y=2sinx
evaluate sin 15
What is the smallest possible number in which can be created along with four decimal places using the numbers 3, 5, 6, and 8? Place the smallest number in the largest place val
ARITHMETIC PROGRESSIONS: One of the endlessly alluring aspects of mathematics is that its thorniest paradoxes have a way of blooming into beautiful theories Examp
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