Suppose a chain letter scheme works like this. You would receive a letter with a list of
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- Suppose a chain letter scheme works like this. You would receive a letter with a list of 5 names, send a nickel to the person at the top of the list, cross that name out, and add your name to the bottom of the list. Suppose you received one of these letters today and sent it to 6 other persons, each of whom sent it to 6 other persons, each of whom sent it to 6 others, and so on.
- (a) How many letters would have your name on the list?
- (b) How much money would you receive if the chain were not broken?
Related Book For
Operations Management Creating Value Along the Supply Chain
ISBN: 978-1118301173
1st Canadian Edition
Authors: Roberta S. Russell, Bernard W. Taylor, Ignacio Castillo, Navneet Vidyarthi
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