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Dave's Sporting Goods sells Mountain Mouse? freeze-dried meals.? Dave's uses a continuous review system to manage meal inventories. Suppose Mountain Mouse offers the following volume discounts to its? customers:
1-750 ?meals: ?$6.50 per meal
751 or more? meals: ?$4.50 per meal
Annual demand is 1,800
1,800 ?meals, and the cost to place an order is ?$24. Suppose the holding cost is ?$4.75 per meal per year. How many meals should? Dave's order at a?time?
?Dave's Sporting Goods should order ________ meals at a time to take advantage of the lower cost per unit. ?(Enter your response rounded to the nearest whole number.?)
What are the impact of inflation on their businesses. What are the impact of market participant's expectations on forward markets for currencies.
assume that government establishes a cost floor below market equilibrium for rents on how utilizing. Illustrate what will be main effects of this cost floor. Demonstrate your answer graphically.
Car A initially costs $500 more than Car B, but it consumes 0.04 gallon/mile versus 0.05 gallon/mile for B. Both vehicles last 8 years, and B's salvage value is $100 smaller than A's. Fuel costs $1.70 per gallon. Other things being equal, which optio..
Explain how "Black markets" impact economic actives: please explain in detail and use a supply and demand graph for your examples
Find the number of employed, labor force participation rate, and unemployment rate.
Scenario: Sarah has to choose between renting a hotel room for two days and renting a hotel room for three days. Which of the following is true if the individual is optimizing in? levels? An optimizer will rent the hotel for three days if the cost of..
Suppose Home economy produces 2 goods, Food and Cloth, using labor, land, and capital. Land is specific to the Food sector and capital is specific to the Cloth sector. Labor is the mobile factor implying that labor and land are used to produce Food; ..
A firm sells its product in a perfectly competitive market where other firms charge a price of $120 per unit. The firm’s total costs are C(Q) = 60 + 8Q + 2Q2. How much output should the firm produce in the short run? What price should the firm charge..
Recently, the owner of a Trader Joe’s franchise decided to change how she compensated her top manager. Last year, she paid him a fixed salary of $50,000 and her store made $115,000 in profits. Assuming the change in compensation is the reason for the..
Suppose that the Fed conducts an open-market purchase of $1,500 in securities from the nonbank public. The Fed pays for these securities using currency, which the nonbank public holds in the form of cash. Show how this transaction affects the liabili..
There are those that are for increasing the minimum wage. Many fast food workers would like to see it increase to 15 dollars per hour.
A site becomes wildly successful in the United States, and you decide to export overseas. Answer the following:
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