Answer:
Simulation results:
- the average monthly profit resulting from its policy of stocking 100 routers at the beginning of each month is $4237.
- percentage of total demand is satisfied: 92%.
Explanation:
We have to consider three factors to calculate the profit:
- Sales. Every unit sold adds (125-75)=$50 to the profit. We have to consider the condition that the maximum amount of units that can be sold is 100 units.
- The remains cost. If the monthly demand is under 100 units, the profit is reduced by $15 per each remaining unit.
- The shortage cost. For each unit demanded that exceeds the 100 units, the profit is reduced by $30.
The equation can be expressed as:
A simulation with 10,000 trials is done, and the average monthly profit calculated for this policy is $4237.
The demand was calculated with the Excel function INT(NORMINV(RAND(),100,20)), to mimic a normal distribution with mean 100 and standard deviation 20.
b) The satisified demand is calculated for each trial as the minimum value between Q (quantity demanded) and 100, as if Q is bigger than 100, only 100 units of the demand are satisfied.
The percentage of total demand satisfied is:
Answer:
0.2706 ; 0.05265 ; 0.1353
Explanation:
Given that :
λ = 2
According to the poisson distribution formula :
P(x = x) = (λ^x * e^-λ) / x!
P(x = 1) = (2^1 *e^-2) / 1!
P(x = 1) = (2 * 0.1353352) = 0.2706
P(x ≥ 5) = 1 - P(x < 5)
1 - P(x < 5) = 1 - [p(x = 0) + p(x = 1) + p(x = 2) + p(x = 3) + p(x = 4)]
We obtain and add the individual probabilities. To save computation time, we can use a poisson distribution calculator :
1 - P(x < 5) = 1 - (0.13534+0.27067+0.27067+0.18045+0.09022)
1 - P(x < 5) = 1 - 0.94735 = 0.05265
P(x ≥ 5) = 1 - P(x < 5) = 0.05265
Probability that no emails was received :
x = 0
P(x = 0) = (2^0 *e^-2) / 0!
P(x = 0) = (1 * 0.1353352) / 1 = 0.1353
<span>The answer is changes in the money supply</span>
Answer:
Answer to this question is b.46500
Explanation:
According to 28/36 guidelines, a household shall not spend more than 28% of its monthly income on housing expenses.
Applying the above rule, the monthly income of a household shall be calculated as follows:
28% x household monthly income=1085$
household monthly income=1085/28%=3875
Annual household income=3875 x 12=46500
Answer to this question is b.46500
Answer:
B. Information Management
Explanation:
According to Wikipedia, Information management is the collection and management of information from one or more sources and the distribution of that information to one or more audiences.
It is involves collecting, storing and managing information gotten in all its forms. Of course, there are various forms of information, whether physical or electronical or otherwise.
Kristen's Job in the company involves organizing resources info (collecting), regulating how they are used and making sure they are the necessary information needed by the company's workers which is all part of the information management process.
