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A company that manufactures gasoline station pumps must ensure that it pumps at least 1 gallon of gasoline 84% of the time. If the population of pump amounts for a particular pump is normally distributed with mean μ and standard deviation σ = 0.05 of a gallon, what is the smallest value of μ that will ensure that this requirement is met? (Round to the nearest 0.01 ounce)
at a time when demand for ready-to-eat cereal was stagnant a spokesperson for the cereal maker kelloggs was quoted as
Identify at least four forces in general environment of organizations and provide an example of each for an industry or business. How do se forces differ from external stakeholders in task environment.
Category Amount:: Durable Goods $1,000, Non-Durable Goods 2,500, Services 7,000,Fixed Investment 1,800, Changes to Business Inventory 35, Investment in Stocks & Bonds 5,500, Federal Government Purchases 1,200, Imports into the United States 2,600 Usi..
Assume that a pharmaceutical firm knows it can develop a new drug in 12 years at an upfront cost of $300m (incurred in year 1). If the firm undertakes the drug development project, it knows it can earn an annual profit of $200m in each year (starting..
U.S. real GDP is substantially higher today than it was 60 years ago. What does this tell us, and illustrate what does it not tell us, about the well-being of U.S. residents
Acquisitions are entry strategies for expansion through the purchase of an existing organization, a unit of an organization, or a product or service.
Explain how the debt capacity of the governmental entity is determined. Evaluate the effect of refunding or reorganizing existing debt obligations. Analyze various funding alternatives that can be used to support debt obligations.
How do firms attain equilibrium when there is monopsony in factor market and perfect competition in product market?
Devi has a shop in Imre where she makes lutes. making 4 lute costs $1400. On the other hand, it costs $2000 to make 7 lutes. Devi's discount rate is 15%. What is the variable cost of manufacturing 6 lutes? fixed cost?
Discuss whether each of the following actions create any postive or negative externailty??
The Federal Reserve sells $100 million bonds to Bank of America. Show the immediate change in the balance sheet of Bank of America due to this transaction. Consider the unusual scenario that the public holds no currency and that the banks typically l..
Consider a low wage labor market. Workers in this market are not presently covered by the minimum wage, but the government is considering implementing such legislation. If implemented, this law would require employers in the market to pay workers a $..
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