1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Citrus2011 [14]
3 years ago
14

Slaq Computer Company manufactures notebook computers. The economic lifetime of a particular model is only four to six months, w

hich means that Slaq has very little time to make adjustments in production capacity and supplier contracts over the production run. For a soon-to-be-introduced notebook, Slaq must negotiate a contract with a supplier of motherboards. Because supplier capacity is tight, this contract will specify the number of motherboards in advance of the start of the production run. At the time of contract negotiation, Slaq has forecasted that demand for the new notebook is normally distributed with a mean (�) of 10,000 units and a standard deviation (�) of 2,500 units. The net profit from a notebook sale is $500 (note that this includes the cost of the motherboard, as well as all other material; production, and shipping costs). (Hint: �! = $500) Motherboards cost $200 and have no salvage value (i.e., if they are not used for this particular model of notebook, they will have to be written off). (Hint: �" = $200) Use the news vendor model to compute a purchase quantity of motherboards that balances the cost of lost sales and the cost of excess material.
Business
1 answer:
iren [92.7K]3 years ago
7 0

Answer:

11414.87205 units.

Explanation:

We have Underage cost cs to be $500

We have Overage cost Co to be $200

To get Critical fractile, we do this computation:

Cs/(Cs+Co)

500/(500+200)

500/700

0.714285714

Now the z score for this value,

normsinv(0.714285714)

= 0.565948821

To get what the question requires: mean+z-score*standard deviation

= 10000+(0.565948821*2500)

= 11414.87205 units

<u>please </u><u>note:</u><u> </u><u>I solved this without rounding the values.</u>

<u>We will have 10000+(0.57*2500)=11425 units</u><u> </u><u>if</u><u> </u><u>rounded</u>

You might be interested in
The celebration of key accomplishments by chest bumps and the push-up contests reflected what level of organizational culture at
lesantik [10]

Answer:

Uber's Organizational Culture during former CEO Kalanick's tenure:

A. observable artifacts

Explanation:

Observable artifacts are the visible cultural manifestations prevalent in an organization, through which the organization's culture is expressed in tangible terms.  A culture of casualness will become visible in the dress code and how people address one another by first names or surnames.  Even the way products are displayed and offices are furnished reflect observable artifacts of an organization's deeper culture of acceptance and openness.

3 0
2 years ago
Rodriguez and Ying start a partnership on July​ 1, 2019. Rodriguez contributes​ $4,100 cash, furniture with a current market val
guapka [62]

Answer:

Explanation:

The journal entry is shown below:

Cash A/c Dr                    $4,100

Equipment A/c Dr           $23,000

Furniture A/c Dr              $47,000

          To Account payable                $16,000      

          To Rodriguez's Capital            $58,100

(Being all adjustments are recorded and the remaining balance is credited to Rodriguez's Capital.

Remaining balance is calculated by

= Cash A/c + Equipment A/c + Furniture A/c - Accounts payable

= $4,100 + $23,000 + $47,000 - $16,000

= $74,100 - $16,000

= $58,100

6 0
3 years ago
Duane and Evan orally agree to a transfer of forty acres of farmland. Evan asks Finance Bank to lend him the funds to buy the la
harina [27]

Answer:

a. Finance Bank

Explanation:

According to Statute of Fraud, the agreement must be in writing to be within the statute and enforceable.  The oral contracts are usually enforceable but the transfer of land needs to be in writing to be enforceable according to law of Statute of Fraud. If the contract is in writing it would be adequate to be enforceable. While the contract with bank must have some written form which will make it enforceable contract by the finance bank.

8 0
2 years ago
Read 2 more answers
Howrley-David, Inc., manufactures two models of motorcycles: the Fatboy and the Screamer. Both models are assembled in the same
Arte-miy333 [17]

Answer:

                                                            Fatboy         Screamer          Total

Direct labor                                 .   $ 2,000,000   $ 4,000,000   $ 6,000,000

Indirect materials                        .       $600,000    $1,200,000    $1,800,000

Other overhead                          .    $1,400,000   $2,800,000    $4,200,000

Materials cost                              .    $4,000,000  $12,000,000   $16,000,000                                                          

Total cost                                     .   $8,000,000 $20,000,000 $28,000,000

Number of units                           .       2,000              4,000               6,000

Unit cost                                       .      $4,000            $5,000            $4,667

Explanation:

Assign the Material Cost to the Products appropriately. The conversion costs musts be allocated based on the number of units assembled. Conversion costs is the sum of Direct Labor and Manufacturing Overheads (Indirect Costs).

7 0
2 years ago
Which of the following is the most appropriate topic to address in a college application essay?
Aleksandr [31]

Answer:

C

Explanation:

because I feel that many individuals would select the most basic option, such as A or B.

5 0
2 years ago
Other questions:
  • Data concerning Follick Corporation's single product appear below: Selling price per unit $ 300.00 Variable expense per unit $ 7
    6·1 answer
  • The manager of the main laboratory facility at Elmhurst HealthElmhurst Health Center is interested in being able to predict the
    10·1 answer
  • A machine costing $25,000 to buy and $3000 per year to operate will save mainly labor expenses in packaging over six years. the
    6·1 answer
  • TRUE OR FALSE. The amount of stock a person owns determines the strength of his or her voting power. (if correct, will receive B
    5·1 answer
  • Why do you earn more money using compound interest than you would using simple interest?
    5·1 answer
  • Calculate the present values for the perpetuity: (1) Annual amount $20000, discount rate 8% (2) Annual amount $10000, discount r
    6·1 answer
  • A section at the top of the page that makes it easy for the recipient to respond to a letter is called a(n)
    9·1 answer
  • Accompanying the bank statement was a credit memo for a short-term note collected by the bank for the customer. What entry is re
    12·1 answer
  • In some cases promotions tailored to specific countries or regions may be more successful than a general campaign because:
    11·1 answer
  • roponents of zero inflation argue that a successful program to reduce inflation a. permanently raises unemployment. b. eventuall
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!