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
Lena [83]
4 years ago
6

A newsvendor orders the quantity that maximizes expected profit for two products, X and Y. The critical ratio for both products

is .8. The demand forecast for both products is 9000 units and both are normally distributed. Product X has more uncertain demand in the sense that it has the larger standard deviation. Of which of the two products does the newsvendor order more? ______________
A. Product X because it has less certain demand.
B. Product Y because it has more certain demand.
C. The order quantities are the same because they have the same critical ratio.
D. More information is needed to determine which has the higher order quantity.
Business
1 answer:
Evgen [1.6K]4 years ago
3 0

Answer:

Correct answer is (A)

Explanation:

Product X because it has less certain demand.

Product X has a higher standard deviation of demand, its optimal order quantity is greater given the same mean and critical ratio.

You might be interested in
Whats 63% of 1827?<br><img src="https://tex.z-dn.net/?f=%20%7B7%20%5Ctimes%208%7D%5E%7B2%7D%20" id="TexFormula1" title=" {7 \tim
MrMuchimi
63% of 1827 is 1179.36
7*8^2 is 448.
6 0
4 years ago
We have said that strategic management is an evolution and a destination. What does this mean? Discuss in detail
damaskus [11]

Explanation:

Strategic management is an evolution and a destination due to the fact that the organizational strategy is developed in pursuit of objectives and goals. This means that action plans for achieving goals can be changed according to internal or external interference.

A company's strategy is not inert, so strategic management will be carried out according to the market situation, the internal environment and other variables, so that there is monitoring, organization and strategic coordination of the company according to its environment.

4 0
3 years ago
Your co-worker spends most of her day figuring out the best way to promote the products your company produces. Your co-worker wo
gizmo_the_mogwai [7]
A) marketing

Marketing includes advertisements
6 0
4 years ago
Read 2 more answers
A commercial bank has excess reserves of $5,000 and a required reserve ratio of 20 percent. it makes a loan of $6,000 to a borro
Roman55 [17]

Answer:

the reserves of the bank are short by 1,000

Explanation:

it could loan up to 5,000 dollars

but because it make a new loan of 6,000

their reserves decreases by 6,000

5,000 - 6,000 = (1,000)

the reserves of the bank are now short by 1,000

the reserve ratio is not used in this calculations as the 6,000 dollar from the loan leave the bank once the check is cleared

3 0
3 years ago
When advertisers use well known, attractive people to sell their products, the attractive people are being used as a(n)
TiliK225 [7]
<span>When advertisers use well known, attractive people to sell their products, the attractive people are being used as C. unconditioned stimulus.
Unconditioned stimulus is a type of stimulus that naturally elicits a response in an organism. 
</span>
4 0
3 years ago
Other questions:
  • Shayla, the electronics department manager at a local Best Buy store, has a good working relationship with her employees. She be
    14·1 answer
  • Your coin collection contains 59 1952 silver dollars. required: if your grandparents purchased them for their face value when th
    10·1 answer
  • Chao sells custom bicycles. He buys several bike parts including wheels and tires from Upright Strides, Inc. Although several go
    10·1 answer
  • Ronnie operates a lawn-care service. On each day, the cost of mowing the first lawn is $15, the cost of mowing the second lawn i
    14·1 answer
  • The City of Amarillo is authorized to issue $3,600,000, 5 percent regular serial bonds in 2020 for the construction of a new exi
    9·1 answer
  • Marian Company's records show the following account balances at 2/1/18: Investment in HTM securities, $500,000; and discount on
    11·1 answer
  • Assume that you manage a risky portfolio with an expected rate of return of 15% and a standard deviation of 30%. The T-bill rate
    15·1 answer
  • 2. Compare the performance of East Coast Yachts to the industry as a whole. For each ratio, comment on why it might be viewed as
    10·1 answer
  • Etxuck279 Inc. sells a particular textbook for $34. Variable expenses are $25 per book. At the current volume of 57,000 books so
    13·1 answer
  • A firm sells a product in a purely competitive market. The marginal cost of the product at the current output is $5.00 and the m
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!