Answer:
Using EMV analysis, the number of units of the new product should be purchased for resale = Purchase 7.
The maximum EMV of profit you can make is 270.
Explanation:
We can use the following method to solve the given problem
Solution:
Using EMV analysis,
EMV (Purchase 6 for resale)= 6(40)(0.1) + 6(40)(0.4) + 6(40)(0.5)=240
EMV (Purchase 7 for resale) = [6(40)-60](0.1) +7(40)(0.4) + 7 (40)(0.5) = 270
EMV (Purchase 8 for resale) = [6(40)-2(60)] (0.1) + [7 (40) - 60] (0.4) + 8(40)(0.5)= 260
Largest EMV= 270; Choose to purchase 7 units for resale.
Step-by-step explanation:
Hopefully this helps :)
Answer:
The value of k is 24
Step-by-step explanation:
y = 24x
The equation for a direct variation is
y = kx
The constant of proportionality is k
y = 24x
The value of k is 24
Answer:
d = 2√3
Step-by-step explanation:
You are right all the way
