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Apple Cakes reviews inventory every two weeks with lead time of seven days, demand rate 40 units per day and standard deviation five units per day. If the company tolerates no more than one stock-out per year, develop the ordering policy for a fixed-time period inventory system assuming 52 weeks per year
Do sit down restuarant franchises and fast food franchises differ significantly in stock price? Specifically, is the average stock price for sit-down restaurants different from the average stock price for fast food restaurants?
Create a scatterlpot of P_RFM and P_HELM. If drawing plot by hand, use graph paper to make sure accuracy. Be sure you label axes. After you have created the scatterplot, consider its form and direction. Recognize outliers, if any.
Find the confidence interval for the population proportion.
A manager of a large department store with three floors reports that the time a customer on the second floor must wait for an elevator has a uniform distribution ranging from 0 to 16 minutes. It takes the elevator 1 minute to go from floor to floo..
a regional survey of 560 companies asked the vice president of operations how satisfied he or she was with the software
a standardized productivity scale has a ? 25 and a ? 5. the ceo of the company wants to know if employee
body mass index is measured as the ratio of weight in kg to height in meters squared. assume that the mean bmi in
Calculate the Pearson correlation for these data also determine whether there is a significant correlation among attitudes for husbands also wives.
Using the given data set, find (a) the sample mean, (b) the sample standard deviation, (c) construct a 98% confidence interval for the population mean μ.
montarello and martins 2005 found that fifth-grade students completed more mathematics problems correctly when simple
The population mean height of a basketball player is 220 cm with a standard deviation of 20 cm. In a sample of 49 basketball players, what is the probability of getting a sample mean height of 215 cm or more?
question a recent survey of banks revealed the following distribution for the interest rate being charged on a home
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