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Photo-Max, a large photographic outlet, receives 5,000 collapsible tripods annually from Quality Photographic Suppliers to meet annual demand. The ordering cost is $15 per order, and the carrying cost is $0.50 per unit per year. Quality Photographic, building on its established reputation for on-time delivery, is interested in smoothing its own production processes and has initiated a new option for its customers. When an order is placed, Quality Photographic will ship one-third of the order every week for three weeks instead of shipping the entire order at one time. Weekly demand for Photo-Max over the lead time is 100 tripods.
a. Determine the order quantity and total cost for Photo-Max for each option and provide a recommendation.
b. Photo-Max has requested that the option to expand the delivery schedule be extended to five weeks of equal quantities believing that this would reduce total cost. Determine if this assumption is true.
find the inverse function f-1xof the one to one fuction fx2x31 verify if they are inverse to each other and then
Find the mean and standard deviation of the number who spend at least $15 per month. What is the probability that at least 40% of them will spend a t least $15 per month?
What is standard deviation for the average time? Use the 99.7% of the data, describe the variability of this sample mean
Study 1 utilized a participant-variable design and demonstrated that women perform more poorly, on average, than men perform on the mathematics section of the Scholastic Aptitude Test (SAT).
1 every convergent sequence contains either an increasing or a decreasing subsequence.?proof suppose that limas n goes
A metallic rectangular rod 1.5m long,40mm wide and 25mm thick is subjected to axial tensile load of 120KN.Elongation of rod is 0.9mm.Find stress,strain and modulus of elasticity.
If he uses the maximin criteria, which size bus would he purchase? If he uses Bayes' decision rule, which size bus would he purchase? What is the expected annual profit for the bus that he will decide to purchase using Bayes' decision rule?
Write the exponential equation in logarithmic form. log864 = 2 - Find the exact value of the logarithmic expression without using a calculator. log636
Discrete-time model for an economy
How can you determine when to use a lower one-tailed test of hypothesis versus an upper one-tailed test?
Calculate the principal components of the first two flowers - If we wish to keep at least 85% of the total variance, how many principal components do we need to keep?
Determine by a projection the point on the hyperplane and determine a vector equation of the line of intersection of the planes
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