Jane Tarheel is producing “Beat Dook” T-shirts to see outside the Dean Dome before the big game. She plans to sell the t-shirts, which cost her $6 to make, for $12. Rose’s Department Store has offered to purchase any leftover t-shirts for $2. Jane isn’t sure how much demand will exist for her shirts, but she knows it will be between 100 and 300 shirts. Lacking any better information, she assume any value within that range is equally likely (i.e., demand is distributed uniformly between 100 and 300). How many shirts should Jane produce?
Unitary Method
The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products.
Speed, Time, and Distance
Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 miles away.
Profit and Loss
The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.
Units and Measurements
Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experiments to set up the devices.
. Jane Tarheel is producing “Beat Dook” T-shirts to see outside the Dean Dome before
the big game. She plans to sell the t-shirts, which cost her $6 to make, for $12.
Rose’s Department Store has offered to purchase any leftover t-shirts for $2. Jane
isn’t sure how much demand will exist for her shirts, but she knows it will be between
100 and 300 shirts. Lacking any better information, she assume any value within that
range is equally likely (i.e., demand is distributed uniformly between 100 and 300).
How many shirts should Jane produce?
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