What is the weighted mean profit per delivery?

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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A bottling company offers three kinds of delivery service: instant, same day, and within five days. The profit per delivery varies according to the kind of delivery. The
profit for an instant delivery is less than the other kinds because the driver has to go directly to a grocery store with a small load and return to the bottling plant. To
find out what effect each type of delivery has on the profit picture, the company summarized the data in the following table based on deliveries for the previous
quarter:
Type of Delivery
Instant
Same day
Within five days
Frequency per
Quarter
60
50
90
What is the weighted mean profit per delivery?
Profit per
Delivery
100
110
150
Transcribed Image Text:A bottling company offers three kinds of delivery service: instant, same day, and within five days. The profit per delivery varies according to the kind of delivery. The profit for an instant delivery is less than the other kinds because the driver has to go directly to a grocery store with a small load and return to the bottling plant. To find out what effect each type of delivery has on the profit picture, the company summarized the data in the following table based on deliveries for the previous quarter: Type of Delivery Instant Same day Within five days Frequency per Quarter 60 50 90 What is the weighted mean profit per delivery? Profit per Delivery 100 110 150
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