SCENARIO 5-12
Two Different Designs on a New Line of Winter

question 261

Essay

SCENARIO 5-12
Two different designs on a new line of winter jackets for the coming winter are available for your
manufacturing plants. Your profit (in thousands of dollars) will depend on the taste of the consumers
when winter arrives. The probability of the three possible different tastes of the consumers and the
corresponding profits are presented in the following table. $$\begin{array} { | c | c | r | r | } \hline \text { Probability } & \text { Taste } & \text { Design A } & \text { Design B } \\\hline 0.2 & \text { more conservative } & 180 & 520 \\\hline 0.5 & \text { no change } & 230 & 310 \\\hline 0.3 & \text { more liberal } & 350 & 270 \\\hline\end{array}$$
-Referring to Scenario 5-12, what is the total variance of the profit if you increase the shift of your
production lines and choose to produce both designs?

Understand the evolutionary adaptations of arthropods that contribute to their diversity and survival.

Understand the concept of buffer solutions and their role in resisting changes to pH.

Recognize and describe basic chemical reactions, including saponification.

Calculate the pH of a solution given its hydrogen ion concentration.

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Definitions:

Personal Property

Property that includes movable items, such as furniture and vehicles, as opposed to real estate or real property.

Aggravated Robbery

A form of robbery that involves using a weapon, causing serious injury, or other threatening circumstances.

Simple Robbery

The act of unlawfully taking property from another person through force or threat of force, without the aggravating factors of armed robbery.

Misdemeanor

A criminal offense that is less serious than a felony and typically punishable by fine, penalty, or short-term imprisonment.