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Lady_Fox [76]
3 years ago
11

Your company imports decorative planters from Italy. Weekly demand is 1,500 units on average, with a standard deviation of 800.

Each planter costs you $10, and the holding cost per year is 25%. You are using a distribution center in Arizona, and fixed transportation costs from Italy is $10,000 per order. Consider a 52-week/year operations. What is the optimal order quantity
Business
1 answer:
butalik [34]3 years ago
3 0

Answer:

Optimal order quantity = 24,980(Approx)

Explanation:

Given:

Weekly demand = 1,500 units

Standard deviation = 800 units

Each planter cost = $10

Holding cost = 25%

Transportation cost = $10,000 per order

Total weeks = 52

Computation of optimal order quantity:

Optimal order quantity = \sqrt{\frac{2DS}{h}  }

Where, D = Weekly demand × Total weeks

D = 1,500 units × 52 = 78,000

S = $10,000

h = $10 × 25% = $2.5

Optimal order quantity = \sqrt{\frac{2(78,000)(10,000)}{2.5}  }

Optimal order quantity = 24,979.992

Optimal order quantity = 24,980(Approx)

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Answer:

The correct answer is . d. none of the above.

Explanation:

Gini coefficient is a measure of the inequality devised by the Italian statistician Corrado Gini. It is normally used to measure income inequality, within a country, but it can be used to measure any form of unequal distribution. The Gini coefficient is a number between 0 and 1, where 0 corresponds to perfect equality (all have the same income) and where the value 1 corresponds to perfect inequality (one person has all income and none others ). The Gini index is the Gini coefficient expressed in reference to a maximum of 100, instead of 1, and is equal to the Gini coefficient multiplied by 100. A variation of two cents of the Gini coefficient (or two units of the index) is equivalent to a distribution of 7% of wealth from the poorest sector of the population (below the median) to the richest (above the median).

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4 years ago
The weekly demand for an item in a retail store follows a uniform distribution over the range of 50 to 100. What would be the we
kakasveta [241]

The weekly demand for an item in a retail store follows a uniform distribution over the range of 50 to 100. The answer for the same, the weekly demand is seventy (70).

Computer generated value: (0≤x≤1)

the part occupied by the weekly value: 0.4,

so, it is out of 50 values,

then

0.4 = 40% of (100 -50) = 20

(from the beginning which is 50, thus, 50 + 20 = 70)

Now we've got:

Computer generated value (CGV) = 0.4

Lower limit (LL) = 50,

Difference between upper and lower limit (UL-LL)= 100 - 50 = 50,

Thus,

the weekly demand is obtained as 70

Uniform Distribution

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#SPJ4

7 0
2 years ago
Gracie wants to buy a new couch, but there is only one place in her town that sells them, and she lives in an isolated area. Gra
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Answer:

D) choose

Explanation:

President Kennedy introduced 6 basic consumer rights:

  1. The right to be safe - consumers should not suffer injuries caused by the products they purchase.
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  5. The right to education- consumers have the right to request information about the products they purchase.  
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4 years ago
The Behavior Analyst goes to the individual's residence to conduct a behavior
Vedmedyk [2.9K]

Ideally, the Behavior Analyst should leave the business card, the name of the individual to be served, and the name of the service that will be provided. In this case, option B is the correct answer.

We can arrive at this answer because:

  • The Behavior Analyst needs to show that he tried to contact the customer and show that he is interested in contacting him again.
  • For this reason, he shows that the customer can get in touch with him, leaving the business card, with the contact forms.
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This type of behavior shows commitment to customer service, which gives the Behavior Analyst credibility and increases the chances of a contract.

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7 0
2 years ago
Gruber Corp. pays a $9 dividend on its stock. The company will maintain this dividend for the next 3 years. In year 4, the divid
stealth61 [152]

Answer:

Share price Today = $172.574

Explanation:

Using dividend growth model we can compute price of share after 3 years,

As follows:

P_3 = \frac{D_4}{K_e - g}

Where P3 = Price at end of year 3

D4 = Dividend at end of year 4 = $10

Ke = Cost of return = 10%

g = growth rate = 5%

P3 = \frac{10}{0.10-0.05} = $200

Now, we have

Year    Dividend or price        Present value factor          Present Value

1                     $9                                0.909                                $8.181

2                    $9                                0.826                                $7.434

3                    $9                                0.751                                  $6.759  

3                    $200                           0.751                                  $150.20

Net Present value of share today = $172.574

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4 years ago
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