First printing has contracts with legal firms

Assignment Help Business Economics
Reference no: EM13770243

First Printing has contracts with legal firms in San Francisco to copy their court documents. Daily demand is almost constant at 8,500 pages of documents. The lead time for paper delivery is normally distributed with a mean of 2 days and a standard decimation of 1 day. A 97% service level is expected. Compute First's ROP.

Reference no: EM13770243

Questions Cloud

Discretionary and non discretionary fiscal policy : Distinguish between discretionary and nondiscretionary fiscal policy. Which is most effective at combating unemployment? Which is most compatible with a "free" market?
Write a documented argument about drugs : Write a documented argument about drugs.
Demand probabilities during the lead time : Authentic Thai rattan chairs are delivered to Gary Schwartz's chain of retail stores, called The Kathmandu Shop, once a year. The reorder point, without stock, is 200 chairs. Carrying cost is $40 per unit per year, and cost of a stock out is $70 per ..
Are these employees behaving ethically : And because here job requires her to be online all the time, she has plenty of opportunity to stay in touch with her friends by g-chatting, tweeting, and checking Facebook updates. However, she is shocked that one of her colleagues takes paper hom..
First printing has contracts with legal firms : First Printing has contracts with legal firms in San Francisco to copy their court documents. Daily demand is almost constant at 8,500 pages of documents. The lead time for paper delivery is normally distributed with a mean of 2 days and a standard d..
What is the companys comparative advantage : Describe the company - what is the companys comparative advantage in the global marketplace?
Write an essay about the american dream : Write an essay about the American dream. TASK: Enter into the conversation on any .pect of -The American Dream."
Find the quantity supplied and the profits : Suppose c = wL + rK and q = L 1/3K 1/4 and perfect competition in all markets. Find the demand for labor and capital and the supply of q. If p = 8, w = 1 and r = 2, find the quantity supplied and the profits.
Initial cost of machinery for producing a certain item : The initial cost of machinery for producing a certain item is $50,000. The machinery will have a five-year life with no salvage value. The manufacturing process has a fixed cost of $5,000 per year and a variable cost of $16 per unit. At an interest r..

Reviews

Write a Review

Business Economics Questions & Answers

  Secondhand smoke globally kills more than

If the average adult produces $90,000 of output per year, how much output is lost as a result of adult deaths from secondhand smoke, according to the News on page 74?

  Find the backward induction solution of the game

Find the Backward Induction solution of the game. How would the answer change if we reversed the roles of player 1 and 2 in the first two rounds of the game in c?

  Describe the process this industry will go

Now assume that production technology improves such that average total costs decline by $5 a unit. Describe the process this industry will go through as it moves to a new long-run equilibrium.

  Explain aggregate expenditure to model

Use the aggregate expenditure model to explain the following statements from the opening news article.

  Suppose that the price of ipath increases

Suppose that the price of IPATH increases by 5%,at the same time the price of laptops falls by 3% and income elasticity increases by 2%.

  Explain why chrysler decision might have been prompted

Explain why Chrysler's decision might have been prompted by movements in its wage costs or capital cost, or both.

  Explain the argument and comment

Economists’ models generally produce solutions that allow polluters to continue polluting to some degree. Why do economists favor allowing some pollution to continue? Provide a simple model that yields that result, explain the argument, and comme..

  How can we save social security

It is a common belief that social security benefits will run out in the near future. How can we save social security?

  Logo make on two shirts which are otherwise identical

Explain how much difference can a logo make on two shirts which are otherwise identical. Illustrate what type of market is this.

  What is the price elasticity of demand if the price of good

The market demand for a product is given by: Q= 300 - 5P + Y. Where why is average consumer income? The current level of income is 200. What is the price elasticity of demand if the price of the good is $20.00?

  Compare the additional revenue of microsoft makes

Compare the additional revenue Microsoft makes as it moves from 20 million to 40 million copies of Vista with the additional revenue it makes as it moves

  1the production possibilities curves above show all the

1.the production possibilities curves above show all the possible combinations of helicopters and scooters that two

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!

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