subject
Business, 14.07.2020 19:01 Geo777

Chris Ellis’s newsstand, just outside the Smithsonian subway station in Washington, DC, usually sells 120 copies of the Washington Post each day. Chris believes the sale of the Post is normally distributed, with a standard deviation of 15 papers. He pays 60 cents for each paper, which sells for $1.25. The Post gives him a 30-cent credit for each unsold paper. According to this given information optimal stocking out probability is %. (Do not round your intermediate calculations. Round your final answer to three decimal places. Only enter the number. For instance, if you find that probability is 0.5 then enter 50.)

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 14:00
Which is part of the sales process? a. customer retention b. billing c. cost planning d. customer relations
Answers: 1
question
Business, 21.06.2019 17:50
Which of the following best explains why a large company can undersell small retailers? a. large companies can offer workers lower wages because they provide more jobs. b. large companies can pay their employees less because they do unskilled jobs. c. large companies can negotiate better prices with wholesalers. d. large companies have fewer expenses associated with overhead.
Answers: 1
question
Business, 22.06.2019 07:30
An instance where sellers should work to keep relationships with customers is when they instance where selllars should work to keep relationships with customers is when they feel that the product
Answers: 1
question
Business, 22.06.2019 22:00
Which of the following statements about nonverbal communication is most accurate? a. the meanings of some gestures can vary among cultures b. the way an e-mail, letter, memo, or report looks can have either a positive or a negative effect on a receiver c. the manner in which we structure and use time can reveal our personalities and attitudes d. all statements are accurate
Answers: 1
You know the right answer?
Chris Ellis’s newsstand, just outside the Smithsonian subway station in Washington, DC, usually sell...
Questions
question
Mathematics, 25.01.2021 01:10
question
Physics, 25.01.2021 01:10
question
Mathematics, 25.01.2021 01:10
question
French, 25.01.2021 01:10
Questions on the website: 13722359