Mathematics, 16.12.2019 21:31 sarah7484
(all answers were generated using 1,000 trials and native excel functionality.) the management of brinkley corporation is interested in using simulation to estimate the profit per unit for a new product. the selling price for the product will be $45 per unit. probability distributions for the purchase cost, the labor cost, and the transportation cost are estimated as follows: procurement cost ($) probability labor cost ($) probability transportation cost ($) probability 10 0.25 20 0.10 3 0.75 11 0.45 22 0.25 5 0.25 12 0.30 24 0.35 25 0.30 (a) construct a simulation model to estimate the average profit per unit. what is a 95% confidence interval around this average? round your answers to two decimal places. lower bound: $ upper bound: $ (b) management believes that the project may not be sustainable if the profit per unit is less than $5. use simulation to estimate the probability that the profit per unit will be less than $5. what is a 95% confidence interval around this proportion? round your answers to one decimal of a percentage. lower bound: %
Answers: 3
Mathematics, 21.06.2019 18:30
Afarm that has 4 x 10^2 acres has 1.2 x 10^5 cattle. what is the average number of cattle per acre? write the answer in scientific notation. answere asap
Answers: 1
Mathematics, 21.06.2019 18:40
This stem-and-leaf plot represents the heights of the students on ralph's basketball team. one student's height is missing from the plot. if the mean height of all the students on the team is 61 inches, what is the missing height? a. 55 in. b. 59 in. c. 61 in. d. 65 in.
Answers: 2
Mathematics, 21.06.2019 23:30
For the feasibility region shown below find the maximum value of the function p=3x+2y
Answers: 3
(all answers were generated using 1,000 trials and native excel functionality.) the management of br...
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