June 2006
Beginner
793 pages
20h 59m
English
Content preview from Quantitative Techniques: Theory and ProblemsBecome an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
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PRACTICAL QUESTIONS
- A factory produces three varieties of fountain pens. The fixed and variable costs are given below:
Fixed Cost Variable Cost(per unit) Type 1 Rs. 2,00,000 Rs. 10 Type 2 Rs. 3,20,000 Rs. 8 Type 3 Rs. 6,00,000 Rs. 6 The likely demand under these situations is given below:
Units Demand Poor 25,000 Demand Moderate 1,00,000 Demand High 1,50,000 If the price of each type is Rs. 20 prepare the payoff table after showing the necessary calculations.
- A newspaper boy has the following probability of selling a magazine:
No. of copies sold Probability 10 0.10 11 0.15 12 0.20 13 0.25 14 0.30 Cost of a copy is 30 paise and selling Price is 50 paise. He cannot return ...
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