A company faces randomly fluctuating demand on the sales market. Let the level of demand X be distributed as follows: f(r) = for 0

Algebra and Trigonometry (MindTap Course List)
4th Edition
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter2: Functions
Section2.4: Average Rate Of Change Of A Function
Problem 4.2E: bThe average rate of change of the linear function f(x)=3x+5 between any two points is ________.
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Task 1
A company faces randomly fluctuating demand on the sales market. Let the
level of demand X be distributed as follows:
f(r) =
1
för 0 <x< 12 ad f(x) = 0
12
The company's production is sold directly, i.e. there are no sales warehouses.
The cost function of the enterprise is Y = 2X + 10.
What is the expected value and the variance of the costs?
Transcribed Image Text:Task 1 A company faces randomly fluctuating demand on the sales market. Let the level of demand X be distributed as follows: f(r) = 1 för 0 <x< 12 ad f(x) = 0 12 The company's production is sold directly, i.e. there are no sales warehouses. The cost function of the enterprise is Y = 2X + 10. What is the expected value and the variance of the costs?
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