Turn y - 4 = -2/3(x - 6) into a linear equation.
y - 4 = -2/3(x - 6)
y - 4 = -2/3x + 4
+4 +4
y = -2/3x + 8
The equation that is perpendicular to y = -2/3x + 8 is y = 3x + 4 as shown in the image below using a graph.
The bookstore at State University purchases from a vendor sweatshirts emblazoned with the school name and logo. The vendor sells
the sweatshirts to the store for $36 apiece. The cost to the bookstore for placing an order is $110, and the carrying cost is 15% of the purchase price. The bookstore manager estimates that 1,340 sweatshirts will be sold during the year. The vendor has offered the bookstore the following volume discount schedule:
Discount Carrying cost
Order Size Price
1-299 0%
300-499 2%
500-799 4%
800+ 5%
The bookstore manager wants to determine the bookstore's optimal order quantity, given the foregoing quantity discount information.
1. Determine carrying cost as a percentage of purchase price information.
2. Calculate TC for each EOQ.
3. What is the bookstore's optimal order quantity?
4. With Quantity discounts carrying costs will vary with the the change in price if it computed as a percentage of purchase price.
5. Calculate EOQ for each discount price.
Discount Carrying cost
Order Size Price
1-299 0%
300-499 2%
500-799 4%
800+ 5%
The bookstore manager wants to determine the bookstore's optimal order quantity, given the foregoing quantity discount information.
1. Determine carrying cost as a percentage of purchase price information.
2. Calculate TC for each EOQ.
3. What is the bookstore's optimal order quantity?
4. With Quantity discounts carrying costs will vary with the the change in price if it computed as a percentage of purchase price.
5. Calculate EOQ for each discount price.
1 answer:
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Answer:
0.04
Step-by-step explanation:
Given that a dart is to be thrown at a target. The probability the dart will hit the target (yes or no) on a single attempt is 0.20
Each throw is independent of the other throws.
Let x be the no of times the target is hit in the trial of 4 throws
Since each outcome is independent of the other X is binomial with n =4 and p = 0.20
Required probability
= the probability that it will take less than or equal to 4 throws to hit the target on both successful target hits
=P(X=2 when n =2) + P(x=2 when x =3) + P(x=2 when x =4)
=