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A bulk foods store sells unshelled peanuts by the kilogram. Historically, daily demand is Normally distributed with a mean of 8 kg and a standard deviation of 1 kg. The purchase lead time from the supplier also appears to be Normally distributed with a mean of eight days and a standard deviation of one day. What ROP would provide stock-out risk of 10 percent during a lead time? Refer: z-values table. (Round the final answer to the nearest whole number.)
If a histogram for speeds of vehicles through intersection A were drawn, do you think it would be skewed to the left, skewed to the right, or approximately symmetric? Explain.
The total assets at the beginning of the year for company XYZ was $60,000 and total liabilities of $40,000. During the year the business recorded $100,000.
Do alternative currencies have real world worth? What are the pros and cons of the expanding popularity and acceptance of these forms of money?
What is the expected market price? What would be the associated quantity and firm profit? Suppose that one brewery has a marginal cost of c1 = $2.00.
Rising childcare costs can deter many individuals, particularly women, from working. According to a report by Which?, childcare costs increased by 32.8%.
Relative to managers in more monopolistic industries, are managers in more competitive industries more probable to spend their time on reducing costs or on pricing strategies?
Identify economic, legal, and regulatory forces and trends. Analyze and explain the supply chain of the new division of the existing business.
Suppose the S&P index is expected to fall by 1 percent over the next month. What is the expected return on PepsiCo's stock?
A study has estimated the effect in interest rates and consumer confidence on the demand for money to be: ln M = 14.666 + .021 ln C - 0.036 ln r, where M denotes real money balances, C is an index of consumer confidence, and r is the interest rate pa..
Give a numerical example to show that a monopolist's marginal revenue can be upward-sloping over part of its range. Hint: The price on the demand curve is the producer's average revenue. Think of the graphic that showed the possibility of declining..
What's the rule: Monopolists charge a higher markup when customers have many good substitutes or when they have few good substitutes?
If the market price of the good or service that a firm produces increases, what happen to the demand of labor? Explain.
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