ptlnguyen said:Homework Statement
Given:
f(x) = 1/2 - 1/4 |d-x| where x is the deliver date
If the actually delivery date from target date falls within the interval of 6 < x <8, an incentive award of C results. However if x < 6, a penalty of C1 is imposed, while if x > 8, the penalty is C2. Find the value of d that maximizes the expected contract award.
Homework Equations
Please show me how to solve this problem. Thank you much.
The Attempt at a Solution
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