IE 111 HW 6 - trials: p(x): 100 0.9 Revenues BaseCost...

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trials: 100 p(x): 0.9 Tickets SoldP(Overbook) Revenues Base Cost Penalty Cost Base Profit Total Profit 100 0.0000000  $19,000.00  ###  $-     $7,000.00   $7,000.00  101 0.0000239  $19,190.00  ###  $250.00   $7,140.00   $7,139.99  102 0.0002653  $19,380.00  ###  $500.00   $7,280.00   $7,279.87  103 0.0014967  $19,570.00  ###  $750.00   $7,420.00   $7,418.88  104 0.0057244  $19,760.00  ###  $1,000.00   $7,560.00   $7,554.28  105 0.0167163  $19,950.00  ###  $1,250.00   $7,700.00   $7,679.10  106 0.0397994  $20,140.00  ###  $1,500.00   $7,840.00   $7,780.30  107 0.0805795  $20,330.00  ###  $1,750.00   $7,980.00   $7,838.99  108 0.1429148  $20,520.00  ###  $2,000.00   $8,120.00   $7,834.17  109 0.2270674  $20,710.00  ###  $2,250.00   $8,260.00   $7,749.10  110 0.3289856  $20,900.00  ###  $2,500.00   $8,400.00   $7,577.54  111 0.4410956  $21,090.00  ###  $2,750.00   $8,540.00   $7,326.99  112
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This note was uploaded on 01/04/2010 for the course STATS 1100 taught by Professor Rodriguez during the Spring '08 term at Pittsburgh.

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IE 111 HW 6 - trials: p(x): 100 0.9 Revenues BaseCost...

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