The minimum level of inventory needed to meet customer demand is called the
1 answer:
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Answer:
The payment per period is $714.82.
Step-by-step explanation:
Given information: PV=$24,122; n = 70; i = 0.024
The formula for payment per period is
Substitute PV=$24,122; n = 70; i = 0.024 in the above formula.
Therefore the payment per period is $714.82.
Answer:
Hence total 3.9 ounces of paint was used to make the mixture.
Step-by-step explanation:
Denise mixed ounces of blue paint with
ounces of yellow paint.
Now we are asked to find how many ounces of paint did Denise mix.
i.e. we are asked to find the total number of paint used to form the mixture.
We know that:
and
Hence total paint used=
=
Hence total 3.9 ounces of paint was used to make the mixture.