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Valentin [98]
3 years ago
5

A company is trying to determine how many Valentine’s Day cards to produce. The cost of printing x cards is $2 million +0.70x. F

or example, printing 1 million cards costs $2.7 million. Weekly demand for cards follows a normal random variable with a mean of 1.5 million and a standard deviation of 200,000 for a week before the day and a normal random variable with a mean of 0.5 million and a standard deviation of 300,000 for the week before that. The cards are sold for $4.00, and leftover cards have a value of $0.05. With the precision of 0.2 million, determine how many cards should the company produce to maximize its profit.
Mathematics
1 answer:
vladimir1956 [14]3 years ago
4 0
Jiajianka+b=cbunaianiajianja ok
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3 0
3 years ago
A bus company wants to use the data to show how long completing a bus route takes so that it can create a bus schedule.
Sergeu [11.5K]

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6 0
4 years ago
Please Help !! Sigma......what is the value of the
Oksana_A [137]
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For i=2,
 4\cdot \left(\dfrac{1}{2}\right)^{i-1}=4\cdot \left(\dfrac{1}{2}\right)^{2-1}=4\cdot \left(\dfrac{1}{2}\right)^{1}=4\cdot\dfrac{1}{2}=2.
For i=3,
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Answer: Correct choice is C.



4 0
3 years ago
Read 2 more answers
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