Mathematics, 26.10.2019 05:43 evan1v1123
Asmall market orders copies of a certain magazine for its magazine rack each week. let x = demand for the magazine, with the following pmf. x 1 2 3 4 5 6 p(x) 1/15 2/15 3/15 4/15 3/15 2/15 a) suppose the store owner actually pays $2.00 for each copy of the magazine and the price to customers is $4.00. if magazines left at the end of the week have no salvage value, is it better to order three or four copies of the magazine? [hint: for both three and four copies ordered, express net revenue as a function of demand x, and then compute the expected revenue.] b) what is the expected profit if three magazines are ordered? (round your answer to two decimal places.)
Answers: 1
Mathematics, 21.06.2019 19:30, jossfajardo50
Aproduction manager test 10 toothbrushes and finds that their mean lifetime is 450 hours. she then design sales package of this type of toothbrush. it states that the customers can expect the toothbrush to last approximately 460 hours. this is an example of what phase of inferential statistics
Answers: 1
Mathematics, 21.06.2019 20:40, maloynegen7681
Answer pls man im trying to get out of summer school
Answers: 1
Asmall market orders copies of a certain magazine for its magazine rack each week. let x = demand fo...
Mathematics, 05.05.2020 03:24
English, 05.05.2020 03:24
Mathematics, 05.05.2020 03:24
Mathematics, 05.05.2020 03:24
Chemistry, 05.05.2020 03:24
Social Studies, 05.05.2020 03:24
Mathematics, 05.05.2020 03:24
Mathematics, 05.05.2020 03:24