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Bhasker operates a retail shop and sells the high priced "Hot Food" thermoware. Each unit I priced at Rs.250. Experience has shown that the weekly demand schedule for items is as follows :
Demand : 0 1 2 3 4 5 6 7
Probability: 0.082 0.205 0.214 0.184 0.134 0.097 0.058 0.026
Bhasker can get the product on weekly basis from the wholesaler. He must order a fixed quantity a week in advance and any unsold unit have to be returned at the end of the week. The cost of the unit is Rs.150 and Rs.50 is charged for the unit returned, Create a pay-off table and suggest the best strategy for Bhasker. What are the EVPI and EMV for this situation ?
all lines on psychrometric chart
Mollier diagram: Mollier diagram is chart drawn between enthalpy H (on ordinate) and entropy or S (on abscissa). It is also called as H-diagram. It depicts properties of water
(a) What could be the characteristics of tool materials. (b) Describe several tool materials with their composition.
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Drill Bit: This is a drilling tool used in drilling machines. The application of this tool is to make holes. Figure shows drill bit. Figure: Drill Bit
INTRODUCTION: Safety is very important which is often neglected at our workplaces. Small precautions if carried out regularly can ensure safe, hygienic and clean environment at ou
The Continue Dimension Command You can use the Continue command to add a string of dimensions. In the illustration above the "36mm" dimension has been continued from the "64mm"
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