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umka21 [38]
2 years ago
9

Elite Couture, a high-end fashion goods store has to decide on the quantity of Luella Bartley handbags to sell during the Christ

mas season. The unit cost of the handbag is $28.50 and the handbag sells for $150. All handbags remaining unsold at the end of the season are purchased by a discounter for $20 each. Further, there is a significant 40% inventory holding cost incurred for each unsold bag. Demand for bags is distributed normally with mean 150 and standard deviation 20. How many bags should be purchased to maximize expected profit?
a)150
b)155
c)160
d)165
e)170
f)175
g)180
Business
1 answer:
adelina 88 [10]2 years ago
4 0

Answer:

170 bags should be purchased to maximum expected profi!

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Answer:

retail charge cards

Explanation:

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5 0
2 years ago
Which of the following statements is not true regarding physical properties and changes? 
Viefleur [7K]
The answer, in my opinion, has to only beB
4 0
3 years ago
Aaron is considering an investment that will pay $7,500 a year for five years, starting one year from today. This is an example
Olegator [25]

Answer:

This is an example of a

b. an ordinary annuity.

Explanation:

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7 0
3 years ago
Compute the takt time for a service system that intended to perform a standardized service. The system will have a total work ti
masya89 [10]

Answer:

Talk time will be 3.728 minutes

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6 0
3 years ago
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Answer:

Generally a minor cannot be held responsible for any contracts that they sign unless they involve basic necessities, e.g. food, clothes, shelter. But in this case, Robertson ratified the contract when he was already an adult (I guess he was an adult when he graduated as a dentist or during the next three years). Once Robertson ratified the contract, he cannot disaffirm it anymore.

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