Chapter 13: Determining Optimal Level of Product Availability Exercise Solutions 1. 0.2941 Optimal lot-size == NORMINV(0.2941‚100‚40) = 78.34 Given that p = $200‚ s = $30‚ c = $150: Expected profits = (p – s) NORMDIST((O – )/‚ 0‚ 1‚ 1) – (p – s) NORMDIST((O – )/‚ 0‚ 1‚ 0) – O (c – s) NORMDIST(O‚ ‚ ‚ 1) + O (p – c) [1 – NORMDIST(O‚ ‚ ‚ 1)] = $2‚657 Expected overstock = (O – )NORMDIST((O – )/‚ 0‚ 1‚ 1) + NORMDIST((O – )/‚ 0‚ 1‚ 0) = 7.41 Expected understock = ( – O)[1 –
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Chapter 13 Notes: Changes on the Western Frontier Native Americans -Native Americans of the plains hunted‚ farmed‚ and traded in traditional ways. -Plains people relied on the buffalo for a variety of survival needs -The booming of the cattle industry in the late 1800s contributed to the decline of the Plains Indians’ culture. -The Sioux (war-like plains tribe) resisted the efforts of the U.S. government‚ the army & the settlers to remove them from their sacred lands. -Sitting Bull &
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Zinn shares his thoughts on the classism carried over to America. Zinn unsurprisingly sides with the poor people who traveled to America out of sheer desperation. Zinn’s main point seems to be that the nation of the U.S. was built on the backs of all the people who were taken advantage of: the poor‚ the black slaves‚ and the indians. The title of this chapter comes from the view of the upper class on those unfortunates that Zinn sides with. “Persons of a mean and vile condition” were scoffed at
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Howard Zinn: A People’s History of the United States CHAPTER 1‚ pg. 1-22 Columbus‚ the Indians and human progress. Directions: read the above chapter and answer the following questions on this sheet. Major Question: Is Christopher Columbus a Hero? 1. According to Zinn‚ what is his main purpose for writing A People’s History of the United States? 2. According to Zinn‚ how is Columbus portrayed in traditional history books? 3. What is Zinn’s basic criticism of historian Samuel Eliot
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True / False – Chapter 13 Maria defers $100 of gain realized in a section 351 transactions. The stock she receives in the exchange has a fair market value of $500. Maria ’s tax basis in the stock will be $400. True Control as it relates to a section 351 transaction is strictly defined to be 80 percent or more of the voting power of the stock of the corporation to which property is transferred. False The definition of property as it relates to a §351 transaction includes money. True To meet
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The first entry I want to discuss in more detail is in chapter two page thirteen. Here Marissa gets a letter from the University of Texas. When she looks at the letter she gets excited but then her excitement is gone because she remembers what her parents acted like towards her when she told them her ACT and SAT scores‚ which was not a good reaction. Her father said‚ “It’s only because some gringos want to feel good about themselves‚ want to feel like they’re helping out some poor Mexicana. Don’t
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Chapter 13: “Adventure Home” The boys have stayed on this island for almost 3 months with no adults at all. Ralph was sitting on a burnt tree trunk thinking while the navy officer was waiting for the cruise ship to come close to the island. The rest were standing together half naked on the beach and in the sun. For a moment‚ Ralph felt the tears well up his eyes as a thought crossed his mind about the time he spent with the boys on the island. 0Whenever Ralph looked at Jack and the boys with painted
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13 RELIGION The vast majority of people in Britain do not regularly attend religious services. Most people’s everyday language is no longer enriched by their knowledge of the Bible and the English Book of Common Prayer. It is significant that the most well-loved English translation of the Bible‚ known as the King James Bible‚ was written in the early seventeenth century and that no later translation has achieved similar status. Most people in Britain cannot strictly be described as religious.
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1) The Shapes of Human Communities 1. In 1500‚ the world had all different societies‚ gatherers and hunters to empires‚ but it was different 2. Paleolithic Persistence a) gathering and hunting societies (Paleolithic peoples) still existed throughout the world but they had changed over time b) b. had new & improved technologies and ideas‚ e.g.‚ outrigger canoes‚ fish hooks‚ etc (had not adopted agriculture) c) exchanged goods over hundreds of miles and developed
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How would you explain the several issues - including the political‚ economic‚ and social - that revolve around the subject of immigration and border security? Do illegal immigrants take jobs away from americans? Americans do not want bomb-carrying terrorists crossing the borders undetected. Are U.S. schools over-taxed by the needs of immigrant children? Do uninsured aliens in emergency rooms drive up the costs of health care premiums for the insured? What are some of the reason why illegal immigration
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