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Good Kitchen sells a popular blender with the demand 175/month. Good Kitchen purchase the blenders from its supplier at the unit cost of $2.50 and the cost of placing an order has been estimated to be $12.00. Good Kitchen uses an inventory carrying charge of I = 27% per year.
Determine (a) the optimal order quantity, (b) the order frequency, and (c) the annual holding and setup cost. If, through automation of the purchasing process, the ordering cost can be cut to $4.00, what will be (d) the new economic order quantity, (e) the order frequency, and (f) annual holding and setup costs? Explain these results.
A card contains n chips and has an error-correcting mechanism such that the card still functions if a single chip fails but does not function.
A coin is tossed and a die is rolled. Write an equiprobable sample space listing the possible outcomes for this experiment.
on tuesday after thanksgiving a market research firm took a simple random sample of 300 city college students. on
Write a VHDL description for the state-machine diagram for the jawbreaker vending machine described in Problem. You may obtain the state machine diagram by either solving Problem or ?nding its solution on the textbook website.
following are the total scores of three subjects of seventy four year 8 students from a high school.10nbspnbsp 1 4 6 7
Find the standardized score for a birth weight of 2500 grams for a child born one month early, using 2622 as the mean.
Suppose it has been determined that the average number of customers waiting for service is 1.929. There are two servers. Determine:
Suppose we know that the proportion of high school students in the U.S. that smoke is .10. We now visit the local high school and sample 50 students
How have statistics been used inappropriately and what are some examples of when you have seen or heard statistics used inappropriately?
"A major retail chain uses survey data to estimate the mean age of customers. A 95% confidence interval for the mean age of all its customers is found to be (21.7, 46.5) using a sample size of 135"
A sample of 500 respondents was selected in a large city area to determine information concerning consumer behavior. There are 260 female selected for the study. 360 of the respondents are found to enjoy shopping for clothing and 136 of them are m..
The mean is $5 and the standard deviation is $6. At least what proportion of prices is located between 1.5 standard deviations.
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