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 :)
The answer is 9 becouse 8+4+3 equals 27 and 27 divided by 3 is 9
No, mistake at s2, if there was 0x then they shouldn’t have written anything at all because there are 0 x’s!!!
Given parameters:
Cost of doughnut at one shop = £1.40
Unknown
Difference in the cost of doughnuts at the two shops = ?
To find the difference in the cost of doughnuts at the two shops, we must know the cost of doughnut at the second shop;
Given that the cost of doughnut at the other shop is 20% more;
= 1.20 x £1.4
= £1.68
The difference in the cost of doughnuts = £1.68 - £1.40 = £0.28
So the answer is £0.28
