Unformatted text preview: them at 30 cents per pound during the week. Bananas that are more than a week old are too ripe and are sold for 5 cents per pound. Suppose the demand for the good bananas follows the same distribution as D given in the ﬁrst question. What is the expected proﬁt of David in a week if he buys 7 pounds of banana? 4. Now assume that the demand for the good bananas is uniformly distributed between 5 and 10. What is the expected proﬁt of David in a week if he buys 7 pounds of banana? 5. Find the expected proﬁt if David’s demand for the good bananas follows an exponential distribution with mean 7 and if he buys 7 pounds of banana....
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This note was uploaded on 01/16/2012 for the course ISYE 3232 taught by Professor Billings during the Spring '07 term at Georgia Tech.
 Spring '07
 Billings

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