In a revenue sharing supply contract the wholesale order quantity is 8000units and the wholesale price is $20. The retailer selling price is $36 andthe clearance price is $12. For the demand scenario of 6,555 units theoccurrence probability is 0.19. What is the expected profit for thisscenario? (No decimals)

Given, Order Quantity i.e. purchased quantity = 8000 Units Purchase Price = $20 per unit. Selling…

Answered: In a revenue sharing supply contract…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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Suppose that you just bought a painting for $1million. You plan to sell it exactly one year fromnow. You don’t know what the exact price will bewhen you sell. Nevertheless, you believe thatthere’s a 65% chance that you can sell it for$1.2million, and a 35% chance that you can sell itfor only $900,000. What is your expected gain orloss for this investment?
A game costs $1 to play where you win $5 when a coin lands on heads but lose $6 when a coin lands on tails. Calculate the expected payoff to the nearest cent, being sure to show all work.
If a fictional treatment costs a total of $45,000 at today’s value and increases a person’s quality of life from 0.5 to 0.6 for the remainder of the person’s life from age 70 onward, and the person’s expected life span increases from 73 to 75, what is the total gain in QALYs (Quality-adjusted Life Years), and what is the ICER (Incremental Cost-effectiveness Ratio)?
Stock Market Listed on the top of the next page in order by row are the annual high values of the Dow Jones Industrial Average for each year beginning with 1990. Find the best model and then predict the value for the year 2014 (the last year listed). Is the predicted value close to the actual value of 18,054?
2. The phone rings and the President is calling you. He says, 'Can you please tell me how much of the variability of my popularity rating is explained by the inflation rate? This is the data: Inflation 10 12 8 |14 rate Popularity70 Rating 75 85 84 48
A charity holds a raffle in which each ticket is sold for $30. A total of 12,000 tickets are sold. They raffle one grand prize which is a Mercedes Benz E350 valued at $45,000 along with 4-second prizes of Kawasaki motorcycles valued at $9,000 each. What are the expected winnings for a single ticket buyer? Express to at least three decimal place accuracy in dollar form (as opposed to cents).
According to a high-profile realtor, houses in the sleepy town of Sun Beach have shown higher appreciation over the past three years than have houses in the bustling town of North Arden. To test the realtor's claim, an economist has found twelve recently sold homes in Sun Beach and twelve recently sold homes in North Arden that were owned for exactly three years. The following table gives the appreciation (expressed as a percentage increase) for each of the twenty- four houses. Appreciation rates in percent Sun Beach 12.5, 12.2, 10.4, 12.9, 6.5, 15.0, 10.1, 10.6, 12.1, 10.8, 10.4, 9.1 North Arden 9.2, 10.7, 9.7, 7.8, 9.7, 12.1, 9.4, 6.1, 7.8, 9.3, 4.6, 11.0 Send data to calculator v Assume that the two populations of appreciation rates are normally distributed and that the population variances are equal. Can we conclude, at the 0.05 level of significance, that houses in Sun Beach have higher appreciation over the past three years than houses in North Arden? Perform a one-tailed test.…
Arbor Systems and Gencore stocks both have a volatility of 44%. Compute the volatility of a portfolio with 50% invested in each stock if the correlation between the stocks is 0.00. If the correlation is 0.00, the volatility of the portfolio is%. (Round to one decimal place.)
A realtor is displaying the histogram below, which summarizes the percentage appreciation in value (over the past five years) for each of a random sample of 25 houses in Newburg Park. Relative frequency 0.4 0.32 03- 0.2 0.2 0.2 016 0.12 0.1 10 20 40 Appreciation (in percent) Based on the histogram, draw the ogive (the ccumulative relative frequency polygon) for the sample data. Cumulative relative froquency 0.6 0.4 02 0.00 0.00 [0.00 T0.00 0.0 10 20 30 40 30 Appreciation (in percent)
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your car is more crowded than you think. table 5.8 reports results from a 1969 personal transportation survey on "home-to-work" trips in metropolitan areas. The survey stated that the average car occupancy was 1.4 people. check that calculation.

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