Inventory Exercises 1. At Dot Com‚ a large retailer of popular books‚ demand is constant at 32‚000 books per ear. The cost of placing an order to replenish stock is $10 and the annual cost of holding is $4 per book. Stock is received five working days after an order has been placed. No backordering is allowed. Assume 300 working days a year. a. What is Dot Com’s optimal order quantity (EOQ)? b. What is the optimal number of order per year? c. What is the optimal interval (in working days)
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Lind‚ Chapter 13‚ Exercise 42 A sample of 12 homes sold last week in St. Paul‚ Minnesota‚ is selected. Can we conclude that as the size of the home (reported below in thousands of square feet) increases‚ the selling price (reported in $ thousands) also increases? a. Compute the coefficient of correlation. Coefficients Standard Error t Stat P-value Intercept 59.95717345 28.65750326 2.092198085 0.062896401 Home Size 31.69164882 24.44661008 1.296361692 0.223968044 The formula for the coefficient
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Checkpoint Week One Exercise E9-2 E9-2 Trudy Company incurred the following costs. 1. Sales tax on factory machinery purchased $ 5‚000 2. Painting of and lettering on truck immediately upon purchase 700 3. Installation and testing of factory machinery 2‚000 4. Real estate broker’s commission on land purchased 3‚500 5. Insurance premium paid for first year’s insurance on new truck 880 6. Cost of landscaping on property purchased 7‚200 7. Cost of paving parking lot for
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Exercise 9 1. A farmer wanted to find the relationship between the amount of fertilizer used and the yield of corn. He selected seven acres of his land on which he used different amounts of fertilizer to grow corn. The following table gives the amount of fertilizer (in pounds) used and the yield of corn (in bushels)for each of the seven acres. Fertilizer Used (x) 120 80 100 70 88 75 110 Yield of Corn(y) 138 112 129 96 119 104 134 a. Find the least squares regression line. a. Calculate r and r2
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Table of Contents Frequencies: Statistics RESPONDED GENDER HSC GPA STUDY HOUR N Valid 75 75 75 Missing 0 0 0 Mean 1.51 4.8520 4.5600 Median 1.51a 4.9442a 4.5094a Mode 2 5.00 4.00 Std. Deviation .503 .23673 1.00324 Variance .253 .056 1.006 Skewness -.027 -1.608 .408 Std. Error of Skewness .277 .277 .277 Kurtosis -2.055 1.864 -.117 Std. Error of Kurtosis .548 .548 .548 Range 1 1.00 4.00 Sum 113 363.90 342.00 Percentiles
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One Sample Hypothesis Testing Paper Do Major League Baseball teams with higher salaries win more frequently than other teams? Although many people believe that the larger payroll budgets win games‚ which point does vary‚ depending on the situation. “…performances by individual players vary quite a bit from year to year‚ preventing owners from guaranteeing success on the field. Team spending is certainly a component in winning‚ but no team can buy a championship.” (Bradbury). For some‚ it’s hard
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Richwin Ltd 18/Floor Block C 25 Ching Wan Road Shatin Sales & Receivables Journal 2/1/2009 To 31/1/2009 21/4/2010 17:32:29 Page 1 ID# Acct# Account Name Debit Credit Job No. SJ 3/1/2009 Discount: Okaya Trading Ltd SJ000001 6-2500 Discounts Allowed HK$401.00 SJ000001 1-2000 Accounts Receivable HK$401.00 SJ 6/1/2009 Sale; Okaya Trading Ltd CN001 1-2000 Accounts Receivable HK$5‚000.00 CN001 4-1100 Sales HK$5‚000.00 SJ 6/1/2009 Okaya Trading Ltd: Credit from CN001 SJ000002 1-2000 Accounts
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Assignment 1 – Writing Exercise Post my Bachelor’s degree‚ having completed about 4 years of work at Nokia‚ the time had come for me to consider joining a full-time M.B.A. program‚ to boost my career further. I felt that the time was right‚ and conducted my research on potential schools‚ globally. Going by information that I read online‚ an email I received from our HR team at Nokia‚ along with some very positive feedback I received from a close friend‚ who is currently enrolled in the E.M.B.A
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CASE EXERCISE (PAGE 263) THE PRODUCTION FUNCTION FOR WILSON COMPANY Economists at the Wilson Company are interested in developing a production function for fertilizer plants. They collected data o 15 different plants that produce fertilizer. Plant | Output(000 tons) | Capital($000) | Labor(000 Worker Hours) | 1 | 605.3 | 18‚891 | 700.2 | 2 | 566.1 | 19‚201 | 651.8 | 3 | 647.1 | 20‚655 | 822.9 | 4 | 523.7 | 15‚082 | 650.3 | 5 | 712.3 | 20‚300 | 859.0 | 6 | 487.5 | 16‚079 | 613
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The exercise provided a great sense of bad arguments and the various fallacies. The quiz gave examples of fallacious appeals such as questionable authority‚ common belief; two wrongs do not equal a right‚ common practice‚ wishful thinking and indirect consequences. Generally speaking the multiple choice answers were tricky as most of the choices were very similar in content and form. The trick to identifying the correct answer is found in previous reading and looking forward. Key words or the
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