A product with an annual demand of 1000 units has Co = $25.50 and Ch = $8. The demand exhibits some variability such that the lead-time demand follows a normal probability distribution with μ=25 and σ=5. a. What is the recommended order quantity? b. What are the recorder point and safety stock if the firm desires at most a 2% probability of stockout on any given order cycle? c. If a manager sets the reorder point at 30, what is the probability of a stockout on any given order cycle? How many times would you expect a stockout during the year if the reorder point were used?

Liz is shipping a package to her friend.the maximum weight of a medium flat-rate box is 20 pounds,including the box which weighs 6 ounces.write and solve an inequality to describe the possible weight ,w, of the contents that liz will ship to her friend if she must use a medium flat-rate box.

Ariana starts with 100 milligrams of a radioactive substance. the amount of the substance decreases by 20% each week for a number of weeks, w. the expression 100(1−0.2)w finds the amount of radioactive substance remaining after w weeks. which statement about this expression is true? a) it is the difference between the initial amount and the percent decrease. b) it is the difference between the initial amount and the decay factor after w weeks. c) it is the initial amount raised to the decay factor after w weeks. d) it is the product of the initial amount and the decay factor after w weeks.

Aprofessional hockey team has noticed that, over the past several seasons, as the number of wins increases, the total number of hot dogs sold at the concession stands increases. the hockey team concludes that winning makes people crave hot dogs. what is wrong with the hockey team's conclusion? a) it does not take into account the attendance during each season. b) it does not take into account the number of hamburgers sold during each season. c) it does not take into account the number of concession stands in the hockey arena. d) it does not take into account the number of seasons the hockey team has been in existence.