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The Lady with the Plan needs to make campaign T-shirt to fund raise. She is trying to decide how many to make for the coming political campaign. During the campaign itself, which lasts one month, a T-shirt sells for $20. Though, when the campaign ends, any unsold T-shirts are sold for $4 apiece. It costs $8 to make a campaign T-shirt. The Lady's calculates of the season's demand of T-shirts is as follows:
Demand Probability 300 0.05400 0.10500 0.40600 0.30700 0.10800 0.05How many T-shirts should the lady stock for the upcoming campaign?
An assembly line with 30 activities is to be balanced. The total amount of time to complete all 30 activities is 42 minutes. The longest activity takes 2.4 minutes and the shortest
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What is the present value of $10000 to be received 20 years from now , if the principle is invested at 8% per year, compounded annually?
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