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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.
Arc Length with Polar Coordinates Here we need to move into the applications of integrals and how we do them in terms of polar coordinates. In this part we will look at the a
compare: 643,251; 633,512; and 633,893. the answer is 633,512. what is the question?
How many permutations of the letters A B C D E F G H consist of string DEF? Ans: It is the dilemma of finding number of words that can be formed along with the given 8 lette
1. A survey line on campus is measured to be 1000.00 ft long on horizontal ground. The elevation of the line is 700.00 feet and the geoid separation from ellipsoid to geoid is -110
Vertical Tangent for Parametric Equations Vertical tangents will take place where the derivative is not defined and thus we'll get vertical tangents at values of t for that we
draw a equilateral triangle with length of side 6.5 cm. and let us draw a parallelogram equal in area to that triangle and having an angle 45 degree
applications of VAM.
Vector theories
Proof of: ∫ f(x) + g(x) dx = ∫ f(x) dx + ∫g(x) dx It is also a very easy proof. Assume that F(x) is an anti-derivative of f(x) and that G(x) is an anti-derivative of
Rate - when we know how many objects are in a set, and need to find out the total number in several copies of that set. (e.g., if a child uses 4 copybooks in a year, how many co
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