Answer:
The correct answer is 74.22%.
Explanation:
As per the data given in the question,
Store is open for = 6 days per week
Demand = 27 units per day
Standard Deviation of daily demand = 5 units
Lead time for delivery = 6 days
Reorder point of = 170 units
As per the following formula,
Reorder point = Daily demand × Lead time + z value × standard deviation × sqrt(Lead time),
where z = implied cycle service level
170 = 27 × 6 + z × 5 × sqrt(6)
z = (170 - 27 × 6) / (5 × sqrt(6))
z = 0.65
From the Z table, Service level = 0.7422 or 74.22%.
<span>The next step in obtaining enactment of the rules after publication would be the opportunity for all interested parties to submit written comments.</span>
Answer:
No margin call is required
the price per bushel to trigger margin call = 1102 cents per bushel
Explanation:
The computation of given question is shown below:-
The Difference between the rates of futures = Settle Quote of present day - Closing Settlement Price Quote when future was sold
= 808 - 786
= 22
The margin on present day for future = quoted in cents × Difference between the rates of futures
The future is sold for 5000 bushels , this is quoted in cents that is $50
= 22 × 50
= 1,100
Current margin call = Initial margin - Price change
= $6,075 - 1,100
= $4,975
Therefore no margin call is required as the margin balance is exceeds the maintenance margin requirement.
maximum loss per contract before margin call = Initial margin - Maintenance Margin
= $6,075 - $4,500
= $1,575
Maximum price before margin call = 786 + (1,575 ÷ 5,000)
= 786 + 315
= 1101 cents
So, the price per bushel to trigger margin call = 1102 cents per bushel
-You should buy something on sale after holidays.
-When it's least crowded
-When there's an official clearance
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Is this a reference to something
Answer:
$1,069
Explanation:
Data provided in the given question
Future value = $1,000
Coupon bond = 6.9%
Time period = 5 years
The computation of price paid is shown below:-
Amount Paid = Principal Amount + Call premium
= $1,000 + 6.9% × $1,000
= $1,069
Therefore, for calculating the amount paid we simply add principal amount add call premium.
