1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alex
1 year ago
6

Let's say you are ordering food for your wedding reception, and you sent out 150 invitations. Everyone RSVP'd, with120 people sa

ying they would attend. You know however that not everyone who RSVP'd will actually show up; there are always, always, always some no-shows (at least from the question-writers experience). Thus you expect to need 100 meals. But just to be safe, you plan to order 110 meals, estimating this is a 90% service level (accepting a 10% probability you'll run out). You discuss this with your fiance who is adamant about increasing your service level to 99%.
Required:
How many meals should you order for a 99% service level?
Business
1 answer:
sveticcg [70]1 year ago
6 0

The number of meals to order for a 99% service level is 121 meals.

<h3>What is the service level?</h3>

The service level is the percentage of services that can be provided to guests or customers on a given occasion or within a given period.

It can also describe the percentage of meals that a host estimates to serve her guests at a party.

<h3>Data and Calculations:</h3>

Number of invitations sent out = 150

Number of RSVPs received = 120

Expected number of meals to serve = 100

The safety level of meals to serve = 110

The estimated service level at 110 meals = 90%

The Fiancé's estimated service level to attain = 99%

The number of meals to order for a 99% service level is 121 meals (110/90% x 99%).

Thus, the meals that you should order for a 99% service level is 121 meals.

Learn more about estimating service levels at brainly.com/question/4312911

You might be interested in
Suppose that a very small economy produces only televisions and computers. Using the information below, what is the nation’s nom
Licemer1 [7]
The nation's nominal GDP does not take inflation into account. To solve this problem, we simply calculate the nation's nominal GDP in Year 4, ignoring the base prices. Keep in mind that if we were calculating real GDP, we would have to use the base year prices in our GDP calculation. 

Year 4:
Computers: 17 x 2200 = 37,400
Televisions: 20 x 550 =   11,000 +
Total GDP                                     =$48,400
Answer is C) 48,400
6 0
3 years ago
Ignoring income taxes, the annual net income amount used to calculate the accounting rate of return is:_____.
Darina [25.2K]

Ignoring income taxes, the annual net income amount used to calculate the Accounting Rate of Return is Average Annual Profit / Average Investment.

The Accounting Rate of Return (ARR) is the average net income which an asset is expected to generate divided by its average capital cost, and thus it is expressed as an annual percentage.

The ARR's formula is used to make capital budgeting decisions. It is used in situations where companies are deciding on whether or not to invest in an asset based on its expected future net earnings.

Hence, the Accounting Rate of Return is calculated by Average Annual Profit / Average Investment.

To learn more about Accounting Rate of Return (ARR) here:

brainly.com/question/12988548

#SPJ4

6 0
8 months ago
Aziz company sells two types of products, Baste and Deluxe . The company provides technical support for users of its products at
klio [65]

Answer:

1.$25

2. Deluxe $13,000

Basic $5,500

Explanation:

1. Calculation to determine the company's cost of technical support per customer service call.

Using this formula

Cost of technical support per customer service call = Expected cost / Expected customer service call

Let plug in the formula

Cost of technical support per customer service call = $150,000 / 10,000

Cost of technical support per customer service call = $25 per customer service call

Therefore the company's cost of technical support per customer service call is $25 per customer service call

2. Calculation to Assign technical support costs to each model using activity based costing

Model Activity Rate (a) Cost driver quantity incurred (b) Allocated Cost (a*b)

Deluxe $25 *520calls = $13,000

Basic $25* 220 calls = $5,500

Therefore the technical support costs assign to each model using activity based costing (ABC) is:

Deluxe $13,000

Basic $5,500

8 0
2 years ago
Kasey changes jobs on a regular basis. She does this to secure better career growth opportunities and to decrease boredom. Kasey
topjm [15]

Answer:

The correct answer is letter "C": job hopping.

Explanation:

Job hopping refers to the act by which employees change from jobs frequently to avoid the boredom of working in the same place during long periods. Typically, this practice is repeated every one or two years and could be exercised when better job opportunities arise in the way.

3 0
3 years ago
How can I convince a friend to invest in a good manner
Arada [10]

Answer:

you can try your frend to sand gift on mobile

4 0
2 years ago
Read 2 more answers
Other questions:
  • At December 31, 2018, Moonlight Bay Resorts had the following deferred income tax items: Deferred tax asset of $54 million relat
    10·1 answer
  • A _____ is a discount store that carries a vast depth and breadth of product within a single product category.
    10·1 answer
  • The lock box department at Bank 21 handles the processing of monthly loan payments to the bank, monthly and quarterly premium pa
    10·2 answers
  • Alicia (age 27) is a single, full-time college student. she earns $13,200 from a part-time job and has taxable interest income o
    7·2 answers
  • The law of comparative advantage indicates that if a group of individuals wants to maximize their joint output, then each good s
    9·1 answer
  • ILL MARK BRAINLY ON WHO ANSWERS FIST AND CORRECTY!! THERE IS MORE THAN NE ANSWER&gt;
    6·2 answers
  • In a market, demand is given by P = 100 − Q and the (private) marginal cost of production for the aggregation of all firms (the
    5·1 answer
  • Which of the following traits indicate that Stephanie is good at time management in her new management role?Stephanie's work spa
    6·1 answer
  • The balance sheet indicates what an organization owns or controls and the various sources of the funds used to pay for these ass
    8·1 answer
  • What is a creditor legally required to do if you dispute a debt?
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!