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Answer: Pooled delivery consolidation.
Explanation: The Cockrell company should investigate the potential of a pooled delivery consolidation because of the presence of other shippers in the same location. This pooled delivery consolidation will enable the Cockrell Company delivered large amount of goods in less time thereby saving costs and maximizing profits
For a typical plumbing firm, price: will <span>equals average total cost.
A market is considered to achieve equilibrium if the amount of Demand in the market is exactly the same as the amount of supply.
From this , we can conclude that if the market is in long-run equilibrium, the price of a product will always match the total cost.</span>
Answer:
c. $1,900
Explanation:
As for the information provided, we have:
Retained Earnings opening balance = $2,500
Current year loss = $200
Balance of retained earnings after this = $2,500 - $200 = $2,300
Now, dividends are provided which shall be paid from retained earnings only.
Cash dividends are the one paid in cash.
Stock dividends are the ones which are paid by issue extra shares from retained earnings.
Thus, both are deductible from retained earnings.
Therefore, closing balance of retained earnings = $2,300 - $200 - $200 = $1,900.
Answer:
(a) E(X) = 3
(b) Var(X) = 12.1067
Explanation:
(a) E[X]
E[X]T = E[X]T=A + E[X]T=B + E[X]T=C
= (2.6 + 3 + 3.4)/3
= 2.6 (1/3) + 3(1/3) + 3.4(1/3)
= 2.6/3 + 1 + 3.4/3
= 3
(b) Var (X) = E[X²]−(E[X])²
Recall that if Y ∼ Pois(λ), then E[Y 2] = λ+λ2. This implies that
E[X²] = [(2.6 + 2.6²) + (3 + 3²) + (3.4 + 3.4²)]/3
= (9.36 + 12 + 14.96)/3
= 36.32/3
= 12.1067
Var(X) = E[X²]−(E[X])²
= 12 - 3²
= 12.1067 - 9
= 3.1067
