Inventory Exercise 1. Sam’s cat hotel operate 52 weeks/yr‚ 6 days/week ‚ and uses a continuous review inventory system. It purchases kitty litter for $11.70 per bag. The following information is available about these bags. Demand = 90 bags/week Order cost = $54/order Annual holding cost = 27 %of cost Desired cycle-service level = 80% Lead time = 3 weeks (18 working days) Standard deviation of weekly demand = 15 bags Current On-hand inventory is 320 bags‚ with no open order or backorders
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Fixed Income Zero coupon bonds Professor Anh Le 1 – Zero coupon bond and zero yields A zero coupon bond (or zero for short)‚ as its name suggests‚ is a bond that pays no coupons. It only pays the face value on the maturity date. Not surprisingly‚ sellers of zero coupon bonds have to offer them at a deep discount in order to sell them to the public. For example‚ a 30‐yr zero‚ face value $1‚000 could be selling for as little as $53.54. One question you may ask right now is: i
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Coke often rejected it anyway because of its aspartame-sweetened aftertaste. “What we were seeing before Zero launched was that more and more younger people were interested in no-calorie beverages but weren’t going to sacrifice taste‚” Bayne said. “So when they got interested in no-calorie‚ they were like‚ ‘Forget it‚ I’m not going to Diet Coke.’” Testing showed that the name “Coke Zero” would be an effective way to sell a low-calorie cola to men without using the word “diet.” And advances
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upon a time there was no zero. Of course people knew if they had nothing‚ but there was no mathematical notation for it. Zero was independently invented only three times. The first recorded zero is attributed to the Babylonians in the 3rd century BC. A long period followed when no one else used a zero place holder. But then the Mayans‚ halfway around the world in Central America‚ independently invented zero in the fourth century CE. The final independent invention of zero in India was long debated
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drive in two cars at the same time”. And so Merali has decided to give back to the community through charity and creating employment. Though he owns several banks‚ Merali says one may not believe that his personal bank account balance sometimes reads zero. He discloses: “I have made a decision to give 50% of my annual earnings to charity. However‚ sometimes I exceed the limit and find I have given 100 per cent”‚ he says with a shy smile. Creating employment is the next passion for the 62- year old
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HISTORY OF ZERO This essay summarises the development of zero‚ as both digit and number‚ from early to modern civilisations. More willing to accept the concept of void‚ the Eastern civilisations are credited with the invention of zero. The Western civilisations‚ on the other hand‚ struggled for almost two millennia to finally accept zero. The history of zero from merely a placeholder in place value systems (digit) to finally becoming accepted as a number has a very long history in Western
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History of Zero Ivanna Villanueva Bobadilla 14-0163 Mathematics I Friday‚ September 20‚ 2013 The number zero is one digit we use on a daily basis. It has a lot of significance to us since we can remember. This digit is used as a placeholder in the place value system. Zero is a number that plays an important role in the mathematics areas‚ such as integers‚ real numbers and other algebraic structures. Zero is completely null in some mathematical procedures‚ is not positive nor
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story will be left up to your interpretation. The summer of 2007 my mother sent my sisters and me to Puerto Rico. We stayed with my Grandma Elsa‚ she was the coolest‚ like Elsa from Frozen. My great grandmother‚ Abuela Feline‚ lived in a small house underneath Grandma Elsa’s house. Abuela Feline was the best cook you could ever imagine‚ she was the witch from Hansel and Gretel‚ but significantly less murderous. Every morning there were bowls and bowls of rice‚ plantains‚ and quenepas. Five year old
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Zero is a unique number that means “empty space” and that which represents a number and its use for computation. It was conceived from the Hindus from India. The earliest recorded evidence was found on the Gvalior inscription‚ however‚ the zero we are accustomed to today‚ came much later. Zero has two basic uses: to mean empty space or to represent a number used for computation. It is especially important in positional notations. Positional notations‚ is a numerical system in which each position
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Zero is a number and a digit used in mathematics to represent that number in numerals. Zero is not a natural number but it is the smallest whole number. There are two important uses of zero. Firstly‚ in place value number system it is used as empty place indicator. Hence‚ in this number‚ 5102‚ the positions of 5 and one are correct just because of the inclusion of zero. Five is denoting a thousandth place value. Similarly if we omit zero from 5102 that is 512‚ then 5 denote a hundredth place value
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