a) =) Q3 Sunrise Bakery has decided to bake 20 loaves of its famous sourdough bread every day. Each loaf costs Sunrise RM1.50 and can be sold for RM3.00. Sunrise can sell any unsold loaves for RM0.75 the next day. The store has determined that daily demand will follow the distribution as shown in Table Q3(a): Table Q3(a): Demand probability distribution 4 Daily Demand 5 10 ܗ ܘ ܗ ܘ 8 15 20 25 30 Probability 0.08 0.12 Table Q3(b): Random numbers No. 1 2 0.25 0.20 0.20 0.15 Random number 0.8689 0.7369 0.7235 0.2098 0.1132 0.3762 0.9505 0.1591 0.4832 0.4834 Construct intervals of random numbers. Simulate 10 days demand by using the results in Q3(a) and Table Q3(b). ( Calculate Sunrise Bakery's total profit for 10 days using the results in Q3(b)
a) =) Q3 Sunrise Bakery has decided to bake 20 loaves of its famous sourdough bread every day. Each loaf costs Sunrise RM1.50 and can be sold for RM3.00. Sunrise can sell any unsold loaves for RM0.75 the next day. The store has determined that daily demand will follow the distribution as shown in Table Q3(a): Table Q3(a): Demand probability distribution 4 Daily Demand 5 10 ܗ ܘ ܗ ܘ 8 15 20 25 30 Probability 0.08 0.12 Table Q3(b): Random numbers No. 1 2 0.25 0.20 0.20 0.15 Random number 0.8689 0.7369 0.7235 0.2098 0.1132 0.3762 0.9505 0.1591 0.4832 0.4834 Construct intervals of random numbers. Simulate 10 days demand by using the results in Q3(a) and Table Q3(b). ( Calculate Sunrise Bakery's total profit for 10 days using the results in Q3(b)
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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