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June 13, 2020 at 2:11 pm
John Moffat says
June 13, 2020 at 5:34 pm
You are welcome 🙂
April 2, 2020 at 9:41 pm
thank you Sir
November 29, 2019 at 12:29 pm
Could you please elaborate a bit more why did you consider 2900 x .2 when you find the EV of 300 units in contact and 400 units of normal selling? Isn’t it (2000 x .2)+900 (300 x 3) because only the normal demand has of 0.2 probability on each month, but the contact value is fixed?
This was the first step on question (b) (i).
Appreciate your help. Thank you
August 3, 2018 at 1:49 pm
A great lecture sir, really appreciate the slow flow of explanations.
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