What is the percent of clear lumber

Assignment Help Business Economics
Reference no: EM132136989

Sally purchases hardwood lumber for a custom furniture-building shop. She uses three suppliers, Northern Hardwoods, Mountain Top, and Spring Valley. Lumber is classi ed as either clear or has defects. Sally estimates that defects constitute 10% of the lumber pile. A recent analysis of the defect lumber pile showed that 30% came from Northern Hardwoods and 50% came from Mountain Top. Analysis of the clear pile indicates that 40% came from Northern and 40% came from Spring Valley. What is the percent of clear lumber from each of the three suppliers? What is the percent of lumber from each of the three suppliers

Reference no: EM132136989

Questions Cloud

What would you say in response to this proposal : If you were an economic adviser to the president and someone made this suggestion, what would you say in response to this proposal?
Calculate the equilibrium value of income : Calculate the equilibrium value of income. Calculate the value of the multiplier.
How many total number of reported crimes : ITECH1103- Big Data and Analytics Assignment Federation University Australia. How many total number of reported crimes
What is the role of local government leadership : What is the role of local government leadership in assuring that departments and divisions work together to achieve municipal goals and objectives?
What is the percent of clear lumber : What is the percent of clear lumber from each of the three suppliers? What is the percent of lumber from each of the three suppliers
What will happen to the price of restaurant meals : If there is a sudden increase in demand for restaurant meals, what will happen to the price of restaurant meals? How will individual firms respond to this?
Inefficient allocation of resources : It is often argued that regulation is justified in cases where some form of market failure would otherwise cause an inefficient allocation of resources.
Recent merger-acquisition and use it to and explain : Identify a recent merger/acquisition and use it to and explain: was the merger/acquisition predominately about gaining economies of scale or economies scope?
Calculate and enter either the interest rate : Suppose a bond with no expiration date has a face value of $10,000 and annually pays a fixed amount of interest of $900.

Reviews

Write a Review

Business Economics Questions & Answers

  Where in the world do i start resolving these issues?

Where in the World Do I Start Resolving These Issues?

  Null and alternative hypothesis

Suppose that we have a problem for which the null and alternative hypothesis are given by:

  Exchange rate between the dollar and the euro

The exchange rate between the dollar and the euro is one dollar to .8 euro (€). The price of a Mercedes is € 45,000; the price of a similar size Cadillac is $38,000. What is the euro price of the Caddy? What is the dollar price of the Mercedes?

  Respect to international diversification

How would i compare these two investment portfolios and discuss any options from the examples with respect to international Diversification?

  Denominators for percentage change calculation

Calculate the percentage change in visits, percentage, change in price, and price elasticity of demand using 640 and $40 as denominators for percentage change calculation.

  Bikes is major manufacturer of bicycles

Ike's Bikes is a major manufacturer of bicycles. Currently, the company produces bikes using only one factory. However, it is considering expanding production to two or even three factories. The following table shows the company's short-run average t..

  What is bitcoin and why does it have value

What is Bitcoin and why does it have value? Is Bitcoin money? Explain why it does or does not satisfy the three conditions it must meet to be considered money.

  What was the purpose of writing articles of confederation

What was the purpose of writing the Articles of Confederation? In other words, what was going on at the time when colonists decided they needed a written set of laws? How was the Constitution a solution for the missing links not mentioned in the Arti..

  How every of these public polices involves

Explicates how every of these public polices involves demand for cigarettes by teenagers.

  Real gross domestic product is best defined

If the Federal Reserve reduced its reserve requirement from 6.5 percent to 5 percent. Real gross domestic product is best defined as

  According to the midpoint method-price elasticity of demand

On the following graph, use the green point (triangle symbol) to plot the annual total revenue when the market price is $30, $45, $60, $75, $90, $105, and $120 per bippitybop. According to the midpoint method, the price elasticity of demand between p..

  Confidence interval for the population proportion

Construct a? 99% confidence interval for the population proportion. Interpret the results.

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