Quantitative Methods using forecasting

Quarter Year 1 Year 2 Year 3 1 23 19 21 2 22 21 26 3 31 27 32 4 26 24 28 Considering seasonal effects, what is your prediction for next year's quarterly sales?

3 questions for quantitative methods homework: probabilities, normal distribution, demand curve

Hello, Here are three quantitative methods problems. Thanks! -------------------------------- Prob 1 Bill and Joe are playing a match in which the first player to win 2 games wins the match. For any given game, the probability that Bill wins is 1/3. (a) Find the probability that Bill wins the match. (b) What is the probability that the match takes only 2 games? Prob 2 If the mean of a distribution is 100 and the standard deviation is 20, what is the range (+/- x) of the middle 3% of the population if we assume it is normal? Prob 3 Demand (D) is often expressed as a function of price (P). Given the following demand curve, at what price will demand =... click for more

Quantitative Methods - Pilot Farm Project

Pilot Farm Project Probability Weather Peas Corn Tobacco Beets 0.3 Dry 20 15 30 40 0.5 Moderate 35 20 25 40 0.2 Damp 40 30 25 40 Net Income $1.00 $1.50 $1.00 $0.50 per bushel a. Create a treeplan for the project b. What is the expected outcome? c. If the weather is expected to be 10% dryer than usual estimate the payoff? Prob 2 Pro Number sold 2 3 4 5 6 Number of days 4 7 8 5 1 Create a probability distribution for the number of items sold What is the standard deviation of the distribution?

Quantitative Methods - Determine the probability distribution for the given data and find the expected value.

Determine the probability distribution for the given data and find the expected value. See the attached question file for the data.

Quantitative Methods - We manufacture refrigerators in Nashville, TN.

This is one problem. I need to know if the question is an accounting, break-even analysis, or simulation problem and why or why not. Please answer all the questions. We manufacture refrigerators in Nashville, TN. The petroleum crisis has raised the price of gasoline to $3.75 for regular and diesel to $4.35 per gallon. In January, they were $3.00 and $3.50 respectively. Diesel engines get about 30% better mileage than gasoline engines. We are considering acquiring and running our own trucks to deliver our refrigerators to the wholesalers in the future. 1. What factors should we consider in evaluating the cost of this option over the next year? 2. How do they affect the overa... click for more