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The owner of TMH Hospital wants to open a new facility in a certain area. He usually builds 25-, 50-, or 100-bed facilities, depending on whether anticipated demand is low, medium or high. On the basis of his past experience, the probabilities of low demand, Medium demand and high demand are estimated as 0.1, 0.4and 0.5 and the short-range payoffs in Rs are calculated as follows.
Demand Acts Build 25 bed Build 50 bed Build 100 bed
Low 30,000 -20,000 -40,000Medium 35,000 50,000 -10,000High 40,000 55,000 75,000
1) What would be the best decision?
2) What is the value of Expected Value of Perfect Information?
Prove that the intercept of a tangent between two parallel tangents to a circle subtends a right angle at the centre. Since Δ ADF ≅ Δ DFC ∠ADF = ∠CDF ∴ ∠ADC = 2 ∠CDF
Find reference angle alpha and thea element of [0 degrees, 1800 degrees]
Solve following 4e 1+3 x - 9e 5-2 x = 0 . Solution Here the first step is to get one exponential on every side & then we'll divide both sides by one of them (that doesn'
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IF 7 AND 2 ARE TWO ROOTS OF THE EQUATION |X 3 7 2 X 2 7 6 X |=0 THEN FIND THE THIRD ROOT IS
When Ms. Jones retired, she received a lump sum of $1,000,000 from her pension plan. She then invested this sum in an annuity account that would pay her an equal amount at the end
Graph y = cos (x) Solution: There actually isn't a whole lot to this one. Given the graph for -4 ? ≤ x ≤ 4 ? . Note that we can put all values of x in cosine (that wo
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The Definition of the Limit In this section we will look at the precise, mathematical definition of three types of limits we'll be looking at the precise definition of limits
#qu Given the equation through what angle should the axes be rotated so that the term in xy be waiting from the transformed equation. estion..
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