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:
about 904.78
Step-by-step explanation:
πr^2h pi(6)^2 * 8
You do Pi×Radius^2
so 24×Pi=75.4
then 75.4÷2=37.7
Answer:
80
Step-by-step explanation:
mean = 140+20=160
160/2
= 80
Answer: Addition Property of Equality
We add 7 to both sides to go from 19 = 2x-7 to 26 = 2x