Question
WRITE A C CODE OF THE FOLLOWING A baker is trying to figure out how many dozens of bagels to bake each day. Customers order
WRITE A C CODE OF THE FOLLOWING
A baker is trying to figure out how many dozens of bagels to bake each day. Customers order a number of dozens bagels each. Bagels sell for 8.40 TL per dozen. They cost 5.80 TL per dozen to make. All bagels not sold at the end of the day are sold at half price to a local grocery store. Based on a long-run simulation, how many dozen (to the nearest dozen) bagels should be baked each day for given probability distributions p(n) and q(n) representing the pmf for the number of customers per day, and the number of dozens each customer buys? You are asked to assume one of the options given below:
(a) p(n) and q(n) are uniformly distributed. p(n)={301,0,n=11,12,,40otherwiseq(n)={101,0,n=1,2,,10otherwise
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