Question: 2. How do you distinguish between resource levelling and resource allocation problems ? Also state and explain an algorithm for resource allocation. 5+5 3. From

2. How do you distinguish between resource

2. How do you distinguish between resource levelling and resource allocation problems ? Also state and explain an algorithm for resource allocation. 5+5 3. From the past 200 days, the sales of bread from the Fast- Food Bakery have been as: Daily Sales (loaves) : 0 100 200 300 400 No. of days 10 60 60 50 20 (a) Determine the expected sales of the bread. : 1 (2)L-27719 (b) The Bakery's production costs are Rs. 2 per loaf, sale price is Rs. 4 per loaf, and any bread unsold at the end of the day is contracted to a local farmer who pays Re. 1 per loaf. Draw up a pay-off table for each sales/production combination. (C) Compute the expected profit arising from each level of production and determine the optimal policy 3+4+3

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