User Account

All Pages

Demand for a certain product of a given company

Assignment Help Business Economics
Reference no: EM131932544

After extensive data analysis it has been determined that the weekly demand for a certain product of a given company is normally distributed with a mean 100 and standard deviation of 20.

  1. What is the probability that weekly demand is within 25% of its average value?
  2. If the firm can only replenish its supply at the start of the week, what is the smallest amount of inventory that the company can have on hand at the start of the weekend be sure it will have sufficient stock to meet demand 80% of the time?

Reference no: EM131932544

Questions Cloud

Provide the given reports as excel documents : Provide the following reports as Excel documents: 1) General Journal for July 2018 2) A/P Aging Detail 3) Vendor Balance Summary.
What is the project payback period : An investment project provides cash inflows of $1,025 per year for eight years. What is the project payback period if the initial cost is $4,650?
How cyber espionage and internet policy have been employed : Define, describe, and analyze the issue of intellectual property theft by the Chinese government and its agents; this persistent problem.
Why this virus mostly affected the children explain why : prepare and or plan proper treatment for future cases of influenza outbreak for children - Use the chart as a reference to establish an ethical consideration
Demand for a certain product of a given company : After extensive data analysis it has been determined that the weekly demand for a certain product of a given company is normally distributed
Large population using simple random sampling : Assume the samples were obtained independently from a large population using simple random sampling.
What must risk-free rate be : A stock has an expected return of 12.2 percent and a beta of 1.18, What must the risk-free rate be?
What is the value of the terminal value perpetuity : What is the value of the terminal value perpetuity in 12/31/2017 dollars on a per share basis?
What is the firm value and number of outstanding shares : What is the firm value, the number of outstanding shares, and the share price after the acquisition?

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd