Business, 19.02.2021 04:00 tadediwura
A company operates 365 days a year and its annual demand for a product is 18,250 units. The company estimates that the standard deviation for daily demand is 15 units. The cost to place an order is $31.20 and the time from ordering to receipt is 36 days. The annual inventory carrying cost is $0.10 per unit. Determine the optimal ordering quantity per order and find the reorder point necessary to provide a 98 percent service probability
Answers: 1
Business, 22.06.2019 19:40
Best burger is a major fast food chain. its managers are motivated to grow the firm in order to increase their market power and change the industry structure in their favor. which of the following strategies is most associated with their motive for growth? a. employing celebrity spokespeople b. implementing automated burger-making machinery c. purchasing competitors d. increasing executive salaries
Answers: 3
Business, 22.06.2019 20:20
Trade will take place: a. if the maximum that a consumer is willing and able to pay is less than the minimum price the producer is willing and able to accept for a good. b. if the maximum that a consumer is willing and able to pay is greater than the minimum price the producer is willing and able to accept for a good. c. only if the maximum that a consumer is willing and able to pay is equal to the minimum price the producer is willing and able to accept for a good. d. none of the above.
Answers: 3
Business, 22.06.2019 23:00
Abeverage company puts game pieces under the caps of its drinks and claims that one in six game pieces wins a prize. the official rules of the contest state that the odds of winning a prize are is the claim "one in six game pieces wins a prize" correct? why or why not? 1: 6.
Answers: 1
A company operates 365 days a year and its annual demand for a product is 18,250 units. The company...
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