Have you found the answer?
Answer:
- Calculus texts: 600
- History texts: 0
- Marketing texts: 0
Step-by-step explanation:
Each Calculus text returns $10/2 = $5 per unit of shelf space. For History and Marketing texts, the respective numbers are $4/1 = $4 per unit, and $8/4 = $2 per unit. Using 1200 units of shelf space for 600 Calculus texts returns ...
$5/unit × 1200 units = $6000 . . . profit
Any other use of units of shelf space will reduce profit.
Answer:
The expected loss is $275 million.
Step-by-step explanation:
Expected loss can be determined as the sum of the product of each possible loss by the its probability of occurence. In this situation, there are only two possible losses listed since the probability of no loss doesn't add any value to the expected loss and should be disregarded.
Expected loss (in millions) = EL

The expected loss is $275 million.
Answer:
Step-by-step explanation:
3.1x10 = 31, and 9x10=90, so the fraction is 31/90, whcih equals 3.44444444 . . .