n sales persons, its gross sales in thousands of rupeesIf a company employesmaybe regarded as a RV having an Erlang distribution with 2 =1and k =20 dn. If the sales cost is Rs. 8000 per salesperson, how many salespersonsshould the company employ to maximise the expected profit?

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oy be regarded as a RV having an Erlang distribution with A = 1 and k = n In. If the sales cost is Rs. 8000 per salesperson, how many salespersons should the company employ to maximise the expected profit?

oy be regarded as a RV having an Erlang distribution with A = 1 and k = n In. If the sales cost is Rs. 8000 per salesperson, how many salespersons should the company employ to maximise the expected profit?

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 32E: Running Speed A man is running around a circular track that is 200 m in circumference. An observer...

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Question

n sales persons, its gross sales in thousands of rupees
If a company employes
may
be regarded as a RV having an Erlang distribution with 2 =
1
and k =
2
0 dn. If the sales cost is Rs. 8000 per salesperson, how many salespersons
should the company employ to maximise the expected profit?

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