Assignment 4 1. Cu = 24-11 = $13 Co = 11-7 = $4 Critical ratio = 13/(13+4) = 0.7647 μ = 30‚000 σ = 10‚000 Using normal distribution function (=norminv(0.7647‚30000‚10000))‚ the optimum order quantity is 37‚216 jerseys to maximize profit. 2. Quantity = 32‚000 First‚ we normalize the order quantity to find the z-statistic z=Q-μσ=32‚000-25‚00010‚000=0.7 We then look up the standard normal loss function. The expected lost sale is given by. Lz=0.1429 Therefore‚ the expected lost sales
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data‚ calculate a level production plan‚ quarterly ending inventory‚ and average quarterly inventory. If inventory-carrying costs are $6 per unit per quarter‚ what is the annual carrying cost? Opening and ending inventory are zero. Quarter 1 Quarter 2 Quarter 3 Quarter 4 Totals Forecast Demand 5000 7000 8500 9500 30‚000 Production 7500 7500 7500 7500 30‚000 Ending Inventory 2500 3000 2000 0 Average Inventory 1250 2750 2500 1000 Inventory Cost 7500 16500 15000 6000 45000 9.14) If the annual cost
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EMBA 7100: Problem Set Three ! Show all work necessary to arrive at answers on this worksheet and then post answers to the web site provided before the class meeting where the problem set is due. ! ! Question 1: Americans have become increasingly concerned about the rising cost of Medicare. In 1990‚ the average annual Medicare spending per enrollee was $3267; in 2003‚ the average annual Medicare spending per enrollee was $6883. Suppose you hired a consulting firm to take a sample of fifty
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ANSWER (PART A) QUESTION 2 a) Labor force is defined as people from the total population between the age of 16 & 64 who are not in institutions and who are either employed or unemployed but seeking work. Those who are not in labor force are either in institutions or are voluntarily unemployed. Unemployment is made up of people who are currently not working but are looking for a job. b) Structural unemployment The portion of unemployment that is due to changes in the structure of the economy that
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Week 2 Text Problem Set Candy Wungnema FIN/571 February 5‚ 2013 Kathleen O’Keefe Week 2 Text Problem Set Chapter 5 4. Define the following terms: bond indenture‚ par value‚ principal‚ maturity‚ call provision‚ and sinking fund. • Bond indenture: A contract for a bond defining specified terms for interest and borrowed capital to be repaid to the lender. • Par value: “Specifies the amount of money that must be repaid at the end of the bond’s life‚ which is also called face value
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EXP 105: Week 4 Personal Strategy Card Name: A. LCI Scores Sequence Precision Technical Reasoning Confluence Record your LCI scores in the boxes provided. 21 25 34 22 B. Carefully describe the degree to which you use each of your Learning Patterns. (Refer to the Personal Learning Profile you developed for your Week Two assignment and any feedback provided by your instructor to determine if you need to refine your responses as you complete this section.) Sequence: Reflecting on my day to
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for the homeowner to support multiple units from the same HUB without the need of running additional wires to those units. This will lead to the notion that the homeowner can relocate any unit anytime he or she wants too because there is no need to set up anything except to plug in the television and the receiver. The campaign will highlight how quick the installation time‚ cutting it down by 80%‚ now that there are no wires to run and no need to drill holes into the walls. The second aspect of
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ECON 213 PROBLEM SET 3 Name: ___Krystal Logsdon_____________________________________ Problem Set 3 is to be completed by 11:59 p.m. (ET) on Monday of Module/Week 6. 1. Data for the market for graham crackers is shown below. Calculate the elasticity of demand between the following prices. Price of crackers Quantity Demanded (per month) $3 80 $2.5 120 $2 160 $1.5 200 $1 240 $1.00 - $1.50: __*_-0.333__________________________ $1.50 - $2.00: __*__-0.6___________________________ $2.00 -
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FIN370 Week 2 Individual Assignment Chapter Study Questions 14.1 What are financial markets? What function do they perform? How would an economy be worse off without them? Financial markets are institutions and procedures that facilitate transactions in all types of financial claims. Financial markets perform the function of allocating savings in the economy to the ultimate demander(s) of the savings. Without these financial markets‚ the total wealth of the economy would be lessened. Financial
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known for _______ long‚ white beard. Student Answer: her his its their Instructor Explanation: For information on how to correct lack of pronoun-antecedent agreement‚ visit https://awc.ashford.edu/grammar-twenty-common-writing-errors.html Points Received: 1 of 1 Comments: Question 2. Question : Please choose the proper pronoun for the sentence below: All children want to please ___________ parents. Student Answer: her his his or her their Instructor
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