Physics, 05.11.2019 03:31 tramqpham25

Suppose that if you are s minutes early for an appointment, then you incur the cost cs, and if you are s minutes late, then you incur the cost ks. suppose that the travel time from where you presently are to the location of your appointment is a continuous random variable having probability density function f. determine the time at which you should depart if you want to minimize your expected cost.

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Suppose that if you are s minutes early for an appointment, then you incur the cost cs, and if you a...

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