Consider the sugar beet recourse function, Q3 , in Section 1.1. Suppose that the selling price above 6000 is actually a random variable, q , that has mean 10 and is distributed on [5,15] . Suppose...

Consider the sugar beet recourse function, Q3 , in Section 1.1. Suppose that the selling price above 6000 is actually a random variable, q , that has mean 10 and is distributed on [5,15] . Suppose also that E[qr3] = 250 . Use (5.9) to derive a lower bound on Q3(300)