Consider the set-up of Example 3.4 but now suppose that the cars lifetime h.t/ D et .

Question:

Consider the set-up of Example 3.4 but now suppose that the car’s lifetime h.t/ D et . Show that for any A and B the optimal time T D 1. Can you give a simple verbal explanation?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: