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Alisiya [41]
3 years ago
11

A news vendor sells newspapers and tries to maximize profits. The number of papers sold each day is a random variable. However,

analysis of the past month's data shows the distribution of daily demand in Table 16. A paper costs the vendor 20C. The vendor sells the paper for 30C. Any unsold papers are returned to the publisher for a credit of IOC. Any unsatisfied demand is estimated to cost IOC in goodwill and lost profit. If the policy is to order a quantity equal to the preceding day's demand, determine the average daily profit of the news vendor by simulating this system. Assume that the demand for day 0 is equal to 32. Demand per day Probability30 .0531 .1532 .2233 .3834 .1435 .06
Mathematics
1 answer:
SOVA2 [1]3 years ago
4 0
Let me think this through again and I will come back to you! 2.22 graph
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Example of different types of function.​
VLD [36.1K]

there are many types of functions this includes linear function (straight line graph) eg y=3x+2 , quadratic function (u shaped curve) eg y=x², logarithmic function, exponential function and etc

3 0
3 years ago
A company uses three different assembly lines- A1, A2, and A3- to manufacture a particular component. Of thosemanufactured by li
hammer [34]

Answer:

The probability that a randomly selected component needs rework when it came from line A₁ is 0.3623.

Step-by-step explanation:

The three different assembly lines are: A₁, A₂ and A₃.

Denote <em>R</em> as the event that a component needs rework.

It is given that:

P (R|A_{1})=0.05\\P (R|A_{2})=0.08\\P (R|A_{3})=0.10\\P (A_{1})=0.50\\P (A_{2})=0.30\\P (A_{3})=0.20

Compute the probability that a randomly selected component needs rework as follows:

P(R)=P(R|A_{1})P(A_{1})+P(R|A_{2})P(A_{2})+P(R|A_{3})P(A_{3})\\=(0.05\times0.50)+(0.08\times0.30)+(0.10\times0.20)\\=0.069

Compute the probability that a randomly selected component needs rework when it came from line A₁ as follows:

P (A_{1}|R)=\frac{P(R|A_{1})P(A_{1})}{P(R)}=\frac{0.05\times0.50}{0.069}  =0.3623

Thus, the probability that a randomly selected component needs rework when it came from line A₁ is 0.3623.

6 0
3 years ago
Hi guys could some please help me answer this question???
qaws [65]

Answer: the bottom one

Step-by-step explanation:

i think its the bottom one i did some math

8 0
3 years ago
Nolan watched a beetle on the sidewalk. It crawled 7/12 of a yard, then rested for a bit, and then crawled 1/4 of a yard farther
liberstina [14]
D, because 1/4 is equivalent to 4/12 and 7/12+4/12=11/12 which is equivalent to 5/6
5 0
3 years ago
Please awnser correct awnser! &lt; 3
Gwar [14]

Answer:

y = (1/4)x + 0

or

y = (1/4)x

the (1/4) is supposed to be a fraction of 1 in the numerator and 4 in the denominator

Step-by-step explanation:

6 0
3 years ago
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