<h2>Luke cannot sell the product because patent is already been issued to the similar product.</h2>
Explanation:
According to the given scenario, Luke though he is an inventor and he has created a product which is similar to already patented, Luke is not allowed to sale based on the patent rule.
Since there is a patent right obtained by someone for similar product, then what Luke is trying to do is against the Patent law.
Luke cannot prove that he already had an idea. Any law always needs a proof than a statement.
Luke may be punishable under the patent law if he tries to sell his invention.
An waste of money you can get better stuff
Answer:
27
Explanation:
The computation of the optimal stocking level for the bakery is shown below:
Given that
Cost = c = $7
Selling price = p = $ 10
salvage value = s = $ 5
Mean = 25
Standard deviation = 
= 8
Now based on the above information
underage cost = Cu = p-c = $10 - $7 = $3
And,
overage cost = Co = c-s = $7 - $5 = $2
So,
= 0.6
Now use normsinv() function in excel
So,
The Z value for the probability 0.6 is 0.2533
Now finally
The optimal stocking level is
= 25 + 0.2533 × 8
= 27.02
= 27
Incomplete question
The missing part (which is the beginning)
The nation of Newbie is establishing its monetary system and is designing its currency. The first proposal is to issue the Newbie Nugget (their new currency) in only 3 denominations of paper bills (100, 500 and 1000 Newbie bills) but no coinage.
Answer:
It is not easily divisible
Explanation:
Medium of exchange is any financial instrument of a standard value that is used to facilitate the exchange of goods and services .
In addition , to be qualified for a medium of exchange , the instrument must be generally acceptable , portable , divisible ,low cost of preservation and recognizable
Divisibility value of a medium of exchange is provided when it comes in lower denominations and coins
Answer:
THE FISCAL YEAR END.
Explanation:
Selection of an inventory costing method by management does not usually depend on THE FISCAL YEAR END
