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lisabon 2012 [21]
3 years ago
7

A newsvendor orders the quantity that maximizes expected profit for two products, X and Y. The critical ratio for both products

is 0.8. The demand forecast for both products is 9,000 units and both are normally distributed. Product X has more uncertain demand in the sense that it has the larger standard deviation. Of which of the two products does the newsvendor order more
A. Product A, because it has less certain demand.
B. Product B, because it has more certain demand.
C. The order quantities are the same because they have the same critical ratio.
D. More information is needed to determine which has the higher order quantity.
Business
2 answers:
Naily [24]3 years ago
7 0

Answer:

Take note that you used X and Y as the name of the two products but the options provided was changed to product A and B. Not withstanding, it doesn't affect the answer.

The correct answer is option (A) Product A, because it has less certain demand

Explanation:

A. Product A, because it has less certain demand.

Explanation:

Product X and Y both have the same critical ratio and both are normally distributed. Although, the demand for product X is uncertain but due to it's  large standard deviation of demand, the optimal order quantity is greater.

When a product has uncertain demand, it means that the seller can not predict the rate of demand of that product by the consumers.

Uncertain demands helps sellers to maximize profit or minimize cost.

In order to maximize profit, uncertain demand is put into consideration by the news vendor.

Tamiku [17]3 years ago
5 0

Answer:

A. Product A, because it has less certain demand.

Explanation:

According to the statement, the product X (A) is the one with the highest proportion of standard deviation, that is, it has a more uncertain demand. Taking into account this condition, it is expected that the number of optimal products will be greater because it has an average and critical relationship. For this reason, it is expected that the news seller will lean towards the first product, since it will generate higher income as explained at the beginning.

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New corporate bond issues in excess of $50,000,000 are:________.
tamaranim1 [39]

Answer: C. II and III

Explanation:

Under the Security Act of 1933, new corporate bond issues of such high amounts are not exempt from the Act and so need to be registered with the Securities and Exchange Commission (SEC).

Also, as the amount exceeds $50,000,000, the issue is subject to the Trust Indenture Act of 1939 which states that the issuer should include certain protective provisions that are recommended by the SEC in order to protect bondholders. The adherence to these covenants will then be monitored by an independent trustee that is to be appointed by the Issuer.

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The badys and their maid, alice, took a trip to hawaii for their summer vacation. the travel agent told ike bady that the trip w
irga5000 [103]
Let x be the number of children
Let y be the number of adults

Equation 1: x + y = 9
Equation 2: y = 9 - x

           210x + 315y = 2205
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210x + 2835 - 315x = 2205
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There are 6 numbers of children.

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The correct statement regarding the income tax is Deductible temporary differences give rise to deferred tax liabilities, meaning that more tax is payable in the future. hence option C is correct

<h3>What is income tax?</h3>

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D)Deferred taxes arise because of temporary differences between the tax base and the carrying amount of assets and liabilities on the balance sheet.

Hence option C is correct.

Learn more about income tax:

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pickupchik [31]
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