Answer:
26 packages
Explanation:
Given that:
The demand D = 186 packages in a week
Standard deviation = 13packages
The lead time L = 1.5 weeks
Order quantity Q = 750 packages
The Confidence service Level = 0.95
At the service level (SL) if we find the P(Z) of the SL using Excel, we have:
P(Z) = NORMSINV(0.95)
P(Z) = 1.64
Thus;
the safety stock = Z × SD√L
= 1.64 \times 13 (1.224745)
= 1.64\times15.92
= 26.11156
≅ 26 packages
Answer:
$ 363,880
Explanation:
The seller must cover the mortgage, closing costs, and brokerage fee. Once these expenses are covered, the down payment is added. This adds the minimum amount for the house price.
Mortgage 290,000
Closing costs 1,400
Brokerage fee <u> 17,400</u> (6% * 290,000)
<h3>Total Expenses 308,800</h3>
Down payment <u> 55,000</u>
<h3><u>Minimun price</u> 363,880</h3>
<span>In the insurance market, this is referred to as adverse selection. Adverse selection is simply just a situation where the seller has information that the buyer does not have about an aspect of the product or its quality, or vice versa. When it comes to insurance, adverse selection is the likelihood of those who preform dangerous jobs or are high risk to get life insurance.</span>
Answer:
D
Explanation:
"Free enterprise" is an economic system in which private business operates in competition and largely free of state control. Which is basically option B.
