Afactory produces blue and green widgets, both at equal production costs. in one day, the factory can make 20 widgets of either color. the factory has been making 10 blue and 10 green widgets per day because they both sell for $5.00. recently, the price of blue widgets has increased from $5.00 each to $8.00 each. how does the law of supply say the factory will respond to the increase in the price of blue widgets?

The research of robert siegler and eric jenkins on the development of the counting-on strategy is an example of design.

Barbara flynn is in charge of maintaining hospital supplies at general hospital. during the past year, the mean lead time demand for bandage bx-5 was 65 (and was normally distributed). furthermore, the standard deviation for bx-5 was 6. ms. flynn would like to maintain a 90% service level.refer to the standard normal table for z-values.a) what safety stock level do you recommend for bx-5? safety stock=)what is the appropriate reorder point? reorder point=

In a market economy, supply and demand are important because theya. (i) play a critical role in the allocation of the economy's scarce resources.b. (ii) determine how much of each good gets produced.c. (iii) can be used to predict the impact on the economy of various events and policies.d. all of (i), (ii), and (iii) are correct.