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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 ?
triangle law of forces
a masonry pier 3m*4m supports vertical load of 600kn at point (1.2,1),find stresses at corner of pier
Determine forces in members of cantilever truss: Determine forces in members B C and BD of cantilever truss shown in the figure in the figure given below.
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Explain About laws of solid friction
FLUX FEEDING & RECOVERY SYSTEM The flux is fed by gravity from the flux delivery hopper mounted on the welding head through a tube into the welding zone. Flux feeding is normally
with the aid of notes and sketches describe how you would transfer the design from a sheet of paper onto the wooden panel prior to carving
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