Acompany serves two markets in north america and has to decide on optimal order quantity and safety stock. the demand in the first market is equal to 1, 2, 3, or 4 with equal probability, whereas the demand in the second market is equal to 3, 4, or 5 with equal probability. the company has a target level of product availability of csl=90% on both markets. a. what is the optimal order quantity for market 1? what is the optimal safety stock for market 1? b. what is the optimal order quantity for market 2? what is the optimal safety stock for market 2? c. what are optimal order quantity and safety stock for the decentralized distribution system? d. what are optimal order quantity and safety stock for the centralized distribution system?

8. agreement and disagreement among economists suppose that bob, an economist from a university in arizona, and cho, an economist from a public television program, are arguing over saving incentives. the following dialogue shows an excerpt from their debate: cho: i think it's safe to say that, in general, the savings rate of households in today's economy is much lower than it really needs to be to sustain an improvement in living standards. bob: i think a switch from the income tax to a consumption tax would bring growth in living standards. cho: you really think households would change their saving behavior enough in response to this to make a difference? because i don't. the disagreement between these economists is most likely due to . despite their differences, with which proposition are two economists chosen at random most likely to agree? rent ceilings reduce the quantity and quality of available housing. immigrants receive more in government benefits than they contribute in taxes. having a single income tax rate would improve economic performance.

Cynthia is a hospitality worker in the lodging industry who prefers to cater to small groups of people. she might want to open a

Performance bicycle company makes steel and titanium handle bars for bicycles. it requires approximately 1 hour of labor to make one handle bar of either type. during the most recent accounting period, barr company made 7,700 steel bars and 2,300 titanium bars. setup costs amounted to $35,000. one batch of each type of bar was run each month. if a single company-wide overhead rate based on direct labor hours is used to allocate overhead costs to the two products, the amount of setup cost assigned to the steel bars will be: