7 We all hate to bring small change to the store. Using random numbers, we can eliminate...
Question:
7 We all hate to bring small change to the store. Using random numbers, we can eliminate the need for change and give the store and the customer a fair shake.
a Suppose you buy something that costs $.20. How could you use random numbers (built into the cash register system) to decide whether you should pay $1.00 or nothing? This eliminates the need for change!
b If you bought something for $9.60, how would you use random numbers to eliminate the need for change?
c In the long run, why is this method fair to both the store and the customer?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Operations Research Applications And Algorithms
ISBN: 9780534380588
4th Edition
Authors: Wayne L. Winston
Question Posted: