# No Title

Submitted By 93nobody
Words 546
Pages 3
Our group work for question 5 is as following:
Here is the premise of this question: the estimated order quantity once decided, will be a definite number, which would be unchanged no matter what the actual sale finally is.
We assign Q to the estimated order quantity, X to the actual sale. Although X can only be integer, we can assume that X is normally distributed with the number of data approaching infinity.

So there are 2 scenarios:

Scenario (A): There is inventory surplus, which means X Q; the probability of scenario (A) is P(x Q); the corresponding profits F = -\$160*Q+\$240*X+\$50*(Q-X) = \$190*X-\$110*Q

Scenario (B): There is a stock-out, which means X > Q; the probability of scenario (B) is [1-P(x Q)]; the corresponding profits F = \$(240-160)*Q = \$80*Q

We use E(Q) to demonstrate an expectation that the company would make profits.
Logically, E(Q) = P(A)*F(A) + P(B)*F(B) = P(x Q)*( \$190*X-\$110*Q)+ [1-P(x Q)]* \$80*Q

Our goal here is to figure out the value of Q to make E(Q) as big as possible. So we needed to work out the partial derivative of function E(Q) on variable Q. Since it is next to impossible to calculate by hand, we sought help from Matlab to do the calculation.

As for your reference, below is our code:

syms x y; z=(1/(5102*sqrt(2*pi)))*exp(-(y-20000)^2/(2*5102^2))*(190*x-110*y)+(1-... (1/(5102*sqrt(2*pi)))*exp(-(y-20000)^2/(2*5102^2)))*80*y; a=diff(z,x); b=diff(z,y);
% b is the partial derivative on Q w=real(fzero(@f1,20000)) And we had a Function M File for partial derivative function on Q as it is too complex:

function ex = f1(y)
%UNTITLED3 Summary of this function goes here
% Detailed explanation goes here ex=(901507515036665*y*exp(-(y - 20000)^2/52060808)*(y/26030404 - ... 5000/6507601))/144115188075855872 - (17128642785696635*exp(-(y - ......

### Similar Documents

#### Title Ix

...------------------------------------------------- Subject: Self-Audit of Title IX in Athletic Program Broadwater Academy PURPOSE AND AUTHORITY The Headmaster and Board of Directors want to be proactive, they would like the athletic department to conduct a Title IX audit. This audit is to ensure the Broadwater Academy is in compliance with all Title IX criteria for athletics. SCOPE AND METHODOLGY To help understand why this audit is being conducted, it is necessary to have some history: “The original legislation, Title IX of the Educational Amendments of 1972, 20 U.S.C 1681 et seq., is a Federal statute that was signed into law by President Richard Nixon on June 23, 1972.” (NIAAA, 2011) “Title IX regulations provide that: No person shall on the basis of sex, be excluded from participation in, be denied the benefits of, be treated differently from another person, or otherwise be discriminated against in any interscholastic, intercollegiate, club or intramural athletics offered by a recipient, and no recipient shall provide such athletics separately on such basis.” (Justice) Justice, T. U. (n.d.). http://www.justice.gov/crt/about/cor/coord/ixlegal.php. Retrieved from Title IX Legal manual: http://www.justice.gov/crt/about/cor/coord/ixlegal.php NIAAA. (2011). Leadership Training LTC 506 Legal Issues II; Title IX and sexual Harassment . NIAAA. This process will begin with the development of a committee to evaluate, manage, and supervise the compliance of Title IX......

Words: 2151 - Pages: 9

Free Essay

#### Title Ix

...The Title IX Education Amendments of 1972 (Title IX for short) broadly prohibit discrimination on the basis of sex in any education program or activity receiving federal financial assistance. Most of the time, people speak about Title IX when referring to gender equality in college sports, but it actually covers a wider range of sexual discrimination. In the NCAA, the Office of Civil Rights (OCR) would analyze a university’s decision to eliminate one of their team sports. They would determine if that school was compliant with Title IX. Some schools cite financial reasons for taking sports out, but that alone is not enough for the OCR. “Title IX requires that the percentage of male/female student-athletes should closely represent the student body population at the university and that the proportion of student aid should closely resemble the participating male/female ratio” (Cranney, 2013). Therefore, the athletic department’s male to female ratio has to be similar to the student body’s ratio as well. One of the reasons that Temple University took away seven of their sports was to balance their athletic department’s male/female ratio, and it would also save the school between \$3 to \$3.5 million yearly (Cranney, 2013). If the ratio at the athletic department of a school is acceptable, they would have to really show that keeping up certain sports is hurting the school significantly. For the OCR, they will find every reason for a school not to drop any of their sports,...

Words: 296 - Pages: 2

Free Essay

#### Title Ix Paper

...As Title IX approaches its 40th anniversary, its policies and impacts on both men’s and women’s sports is still greatly debated and argued. While it is proven fact that it was tremendously successful at providing women far greater opportunities both in sports and outside of sports, the topic of how it is negatively affecting men’s sport is often debated. The five articles that I gathered advocate for Title IX. They express its positive impacts through narrative accounts and personal experiences of well-known female athletes who prospered due to Title IX not just in sports, but in their educational and professional careers. They also disprove the myths commonly associated with Title IX that lack evidence about how it is responsible for negatively affecting men’s sport opportunities and potentially ruining the programs currently in existence. Title IX is generally associated with women’s opportunity in sports to the point where its other positive implications tend to be forgotten. Title IX isn’t just about providing an opportunity for women to participate in sports in high school and at the college level, it is about providing young women the skills needed to achieve greater successes later on in life. Pugmire’s (2013) article quotes Women’s basketball legend Anne Meyers Drysdale saying the following: “According to the Women's Sports Foundation, 80% of women in Fortune 500 companies played sports. It teaches you so much -- confidence, failure, success, courage, how to get......

Words: 1851 - Pages: 8

Free Essay

#### Title Ix and Women’s Role in Sports

...the women’s movement was the enactment of Title IX of the Education Amendments of 1972. Title IX of the Educational Amendments of 1972 is the landmark legislation that bans sex discrimination in schools, whether it is in academics or athletics. It states: "No person in the United States shall, on the basis of sex, be excluded from participation in, be denied the benefits of, or be subjected to discrimination under any educational program or activity receiving federal financial assistance" (Storm 320). Before Title IX, few opportunities existed for female athletes. The National Collegiate Athletic Association (NCAA), which was created in 1906 to format and enforce rules in men’s football but had become the ruling body of college athletics, offered no athletic scholarships for women and held no championships for women’s teams. Furthermore, facilities, supplies and funding were lacking. As a result, in 1972 there were just 30,000 women participating in NCAA sports, as opposed to 170,000 men (Simon 92). Title IX applies to educational institutions that receive any federal funds and prohibits discrimination in all educational programs and activities. Athletic programs are considered educational programs and activities. Title IX gives women athletes the right to equal opportunity in sports in educational institutions that receive federal funds, from elementary schools to colleges and universities (Poertner 92). There are three parts to Title IX as it applies to athletics......

Words: 1703 - Pages: 7

#### Wojo

...COM 101 Essay 2 – Are We Desensitized? LENGTH: 2 -3 Pages (aim for the very bottom of the 2nd page at least) DUE DATE: Rough Draft: Thursday, 10/1 on BB Final Draft: Tuesday, 10/13 on BB ASSIGNMENT: With our current section of articles, we’ve been discussing the concept of whether or not the younger generation (a.k.a. you guys) has been desensitized to things going on in the world. We’ve talked about this potential problem through a few different perspectives. We examined the argument about whether or not we’re desensitized to violence or death due to violent media, like video games. Then, we discussed whether or not we’re desensitized to suffering due to a feeling of helplessness, such as the belief that we can’t change things like economics or the government. Finally, we talked about technology and whether or not it has, in a sense, desensitized us to one another in the way that we interact thanks to new technologies like social media and cell phones. So, for your second essay, you’re going to answer the question of whether or not you believe the current generation is desensitized. However, in order to keep the paper focused and short (since it’s only 2-3 pages), choose just one of the perspectives to argue with or against. The perspective you choose will also determine which articles you use in your essay (you must use AT LEAST ONE). It breaks down much like this: Violence/Death – Narvaez, Jones, Eler Helplessness/Ineffectiveness – Leonhardt,......

Words: 441 - Pages: 2

Free Essay

#### Sales of Mitsubishi

...Appendix ‘A’ FINANCIAL PLANNING 1. Library: 1. Books: |S.No. |Type |New Titles Required |Volume of New Titles |Cost per Unit |Total Costs |Remarks | | | | |Required | | | | |1 |Paper Back |1200 |1200 | Rs.1500/-Aprox cost | 18 Lacs | Common to ASAP | | | | | | | |& ASD | |2 |Electronic |  |  |  |  |  | 2. Journals: |S.No. |Type |New Titles Required |Volume of New Titles |Cost per Unit |Total Costs |Remarks | | | | |Required | | | | |1 |Paper Back | 4 | 4 | Rs.250/- | Rs.4000/- | Common to ASAP | | | | | ...

Words: 313 - Pages: 2

Free Essay

#### Research Paper Format Ieee

...into it. A. Page Layout Your paper must use a page size corresponding to A4 which is 210mm (8.27") wide and 297mm (11.69") long. The margins must be set as follows: • Top = 19mm (0.75") • Bottom = 43mm (1.69") • Left = Right = 14.32mm (0.56") Your paper must be in two column format with a space of 4.22mm (0.17") between columns. III. Page Style All paragraphs must be indented. All paragraphs must be justified, i.e. both left-justified and right-justified. A. Text Font of Entire Document The entire document should be in Times New Roman or Times font. Type 3 fonts must not be used. Other font types may be used if needed for special purposes. Recommended font sizes are shown in Table 1. B. Title and Author Details Title must be in 24 pt Regular font. Author name must be in 11 pt Regular font. Author...

Words: 1776 - Pages: 8

Free Essay

#### Business Culture in Swiss

...Business hierarchy in Switzerland The Swiss appreciate sobriety, thrift, tolerance, punctuality and a sense of responsibility. This is reflected in the way they do business. The business climate is very formal and conservative and companies are structured in the traditional vertical manner.  The culture of companies can vary somewhat, depending on whether they are in the German, French or Italian areas of Switzerland. Overall, one can say that decisions are taken at the top of the organisation. In most organisations employees have little responsibility, although this differs from one company to another.  The many international companies in Geneva have a more American management culture, they are less hierarchic and employees hold more responsibility. Strategy Generally, the management of an organisation is at large responsible for the planning. Most companies use detailed planning with a tight schedule, although organisations in the French and Italian areas may have a more laid-back approach to strategy. Most of the planning is long term. Swiss business meetings Meetings are generally impersonal, brisk, orderly, planned and task-oriented. It is important to prepare yourself in advance of a business meeting.  The Swiss tend to get right down to business after a few minutes of general discussion. Be aware of the fact that non-verbal communication, such as body language, is very important and varies from region to region in Switzerland. Note that organisation,...

Words: 822 - Pages: 4

Free Essay

#### Japanese Falling Asleep on Meetings

...Why Do Japanese Fall Asleep In Meetings? Santiago Puente Gallegos Intercultural Management 2341 March 9, 2016 Bill Louden Why Do Japanese Fall Asleep In Meetings? According to Rochelle Koop the reason why Japanese fall asleep in meetings is because “Japanese believe that by closing their eyes, they can hear more effectively, because they are screening out the visual stimulus and focusing only on the sound” (Koop, 2011, p.109). After I was reading this case study, and I wondered what would be my reaction if people stayed silent after I spoke? A lot of things came through my mind. For example, as a Hispanic I would think that Japanese falling asleep during my speech is rude and disrespectful. Probably, I would walk away and leave the office. But I have to consider that not all cultures and customs are the same as ours. On the other hand, I would put my mind working and begin thinking that Japanese are probably evaluating my speech, are visualizing my ideas, or that like the author states, “I’m so boring that this key person is sleeping” ( Koop, 2011, p.109). I have to think that in the business world, I......

Words: 759 - Pages: 4

Free Essay

#### Dunno

Words: 484 - Pages: 2

#### A. Soriano and Smc Corp

...1. Name of the Company: SMC and A.Soriano Corporation 2. Timeframe: 1980’s 3. Point of View: Mr. Andres Soriano Jr., CEO 4. Summary * The two Companies, SMC and ANSCOR Group of Companies addressed a long felt need for an effective formal planning system. * The companies had developed their budgeting and long-range planning system. * They were not satisfied with their ability to respond to the rapid changes in the environment despite the advantages they gain from their budgeting and long-range planning system. * They sought the professional advice from a team of experts on strategic planning headed by Dr. Peter Lorange. 5. Statement of the Problem: What will be the best strategy that SMC and ANSCOR Group of Companies will take for them to be able to adapt to the rapid change in the environment? 6. TOWS Analysis THREATS | OPPORTUNITIES | WEAKNESSES | STRENGTHS | Rapid change in consumers preference | With the help of R&D, the company can improve their products | Poor strategic planning | Established its name in the industry | Highly competitive market | Exploring new markets for them to be the first in that market | Decentralization of the organization | They have hired qualified and experienced people | 7. ACA (Alternative Course of Action) a. The company need to give more attention in R&D for product improvement b. Centralization of organization for proper management c. Using machines instead...

Words: 621 - Pages: 3

#### Hrm 598 Week 3 Case Study Job Evaluation at Whole Foods

...completed a job analysis and written job descriptions for Jobs A thorough Job I. Respond to the following: • Evaluation of Jobs and Job structure Evaluate the jobs listed in the case study and prepare a job structure based upon its evaluation. Assign titles to jobs, and show your structure by title and job letter. • Process, Techniques, and Factors Describe the process you went through to arrive at that job structure. The job evaluation techniques and compensable factors used should be described, and the reasons for selecting them should be stated. • Evaluation of Job Descriptions Evaluate the job descriptions. What parts of them were most useful? How could they be improved? You will need to follow APA style and format and have a title page, brief introduction and conclusion, centered headings for major parts, page numbering and page headers, and a reference page. The case study should be approximately 4–6 pages in length. The assignment will be reviewed using the following criteria: Written Case Study: Prepare a Job Structure rubric. Written Case Study: Prepare a Job Structure Rubric Possible Points Earned Points Comments • Evaluation of Jobs and Job structure • Assigned titles to jobs • Showed structure by title and job letter 30 • Process, Techniques, and Factors • Described the process went through to arrive at that job structure • Described the job evaluation techniques and compensable factors used • Stated reasons for selecting them 27 • Evaluation......

Words: 2173 - Pages: 9

Free Essay

#### Randdd Zysd

Words: 360 - Pages: 2