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tangare [24]
2 years ago
5

A buyer for a department store orders sweaters about 6 months before the winter season. The store plans to hold a March clearanc

e sale to sell any surplus goods by February 29. Each piece costs $100 per pair and sells for $120 per pair. At the sale price of $60 per pair, it is expected that any remaining stock can be sold during the March sale. Assume that a uniform probability distribution ranging from 250 to 450 items describes the demand. The expected demand is 300. In the context of the single period inventory system, the optimal order size Q must satisfy the condition _____.
Mathematics
1 answer:
lilavasa [31]2 years ago
7 0

Answer:

P(demand ≤ Q*) = 1/3

Step-by-step explanation:

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Write the equation of a line that is parallel to y=-5/4x + 7

Any line parallel to the given line will have the same slope. In an equation presented in the y-intercept form, the slope is always the coefficient of "x". In this case, the slope is -5/4 (meaning the next point is down 5, and 4 to the right).


Our equation so far looks like this: y = -5/4x + b

"b" represents the y-intercept. To solve for be, we will need to substitute values into x and y. The next piece of information it gives us is one of the points, or solutions, of the line. This means that since this point is on the line, we can use its x and y values to substitute.


x = -4

y= 1

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1 = -5/4(-4) + b

1 = 5 + b

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Final Answer: y = -(5/4)x -4

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3 years ago
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The average rate of change can be calculated by

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To know more about average rate of change you may visit the link which is mentioned below;

brainly.com/question/28744270

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