4 years ago

The key factors in determining the accuracy of an opinion poll are the

1 answer:

5 0

<span>To determine the accuracy of an opinion poll, several attention check questions should be included. For example, if most questions throughout the poll are in paragraph format, begin a question similar to previous questions, but in the middle of the paragraph, notify the survey taker they are to ignore the actual question and type in a pre-determined sentence.</span>

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Market pressures tend to move prices toward a(n) _____. price that causes shortages price that causes surpluses equilibrium pric

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ompany X and company Z are planning to merge their business into one and are seeking regulatory approval. What is the most likel

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3 years ago

One of the top-selling items at a gift shop at Hilo, HI are autographed pictures of Jack Star. Sales are 18 pictures per week, a

ValentinkaMS [17]

Answer:

a. 54

b. 810 dollars

c. 390 dollars

d. 75 pictures

e. 561.6 dollars and 562.5 dollars

f. 38 pictures

Explanation:

demand per week = 18 pictures

annually this demand = 18 *52 = 936

charge per unit = 60 dollars

order for 6 weeks = 6*18 = 108 quantities

cost of ordering = 45 dollars

cost of holding annually = 15 dollars

a. current average inventory

= (18*6)/2

= 54 pictures

b. current annual holding cost

(108/2)*15

= 810 dollars

c. current annual holding cost

= 936/108 * 45

= 390 dollars

d. size orders to be placed

= $\sqrt{\frac{2*936*45}{15} }$

= $\sqrt{5616}$

= 74.9

≈ 75 pictures have to be ordered

e. ordering holding cost per picture

936/75 * 45

= 561.6 dollars

and inventory holding cost per picture

= 75/2 * 15

=562.5 dollars

f. shop inventory per year at optimal ordering quantity

= 75/2

= 37.5

≈ 38 pictures

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3 years ago