Monday, July 18, 2011
Distribution/Max profits - Calculus?
If a company employs n sales persons, its gross sales in thousands of dollars may be regarded as a rv having a gamma distribution with A = 80√(n) and B = 2 If the sales cost is $8000 per salesperson, how many sales persons should the company employ to maximise the expected profit?
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment