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Kaylis [27]
3 years ago
13

Marlo Stanfield's operation also uses large quantities of prepaid cell phones, on average 1500 per week with a standard deviatio

n of 145. The lead time for their own brand of prepaid cell phones is three weeks and they have a lot size of 350 phones. To ensure they never run out, they keep a safety stock of 500 phones with Proposition Joe. What is the cycle service level under this policy?
a. 0.9398
b. 0.9833
c. 0.9768
d. 0.9512
Business
1 answer:
AlekseyPX3 years ago
8 0

Answer:

c. 0.9768

Explanation:

Lead time

Safety stock 500

Standard deviation 145

Safety stock = z * Standard deviation * \sqrt{L}

500 = z * 145*\sqrt{3}

500 = z * 251.14

Z = 1.990863

Therefore, for this Z value, we obtain the option c. 0.9768

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You are the manager of a supermarket, and you know that the income elasticity of peanut butter is exactly -0.7. Due to the econo
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Answer:

The purchase should stay the same or even increase its number.

Explanation:

To begin with, due to the fact that the income elasticity of peanut butter is exactly -0,7 then that good is inferior and because of that when the income drops by 15 percent next year then the consumer will still be buying the product but in a more frequent  way due to the fact that if the income decreases then the demand of that product that tend to be inferior will be available for everyone. That is why, as a manager you should continue to buy peanut butter.

6 0
3 years ago
Mario won the lottery and is receiving payments of $1,521,875 a year for the next 19 years. However, he has decided to sell this
kotegsom [21]

Solution:

The calculation of interest rates using the financial calculator for these inputs;

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The discount rate used by the potential buyer is approximately 14%

6 0
3 years ago
The Xu Corporation uses a periodic inventory system. The company has a beginning inventory of 1,950 units at $22 each on January
kramer

Answer:

$21,770

Explanation:

The computation of cost of goods sold is shown below:-

= (1,950 × $22) + (2,200 × $21) + (1,050 × $23)

= $42,900 + $46,200 + $24,150

= $113,250

Total number of units for sale = 1,950 + 2,200 + 1,050

= $5,200

Weighted average cost per unit = Cost of units available for sale ÷ Number of units available for sale

= $113,250 ÷ $5,200

= $21.77

Cost of goods sold = Sold units × Weighted average cost per unit

= 1,000 × $21.77

= $21,770

3 0
3 years ago
Bryan and Cody each contributed $120,000 to the newly formed BC Partnership in exchange for a 50% interest. The partnership used
den301095 [7]

Answer:

the answer is a

Explanation:

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3 years ago
A strength of the market economy is that: a. planners rather than consumers determine answers to the basic economic questions. b
aleksandr82 [10.1K]

A strength of the market economy is that resources are used efficiently.

<h3>What is a market economy?</h3>
  • A market economy is an economic system in which all suppliers and consumers are unhindered by price controls or restrictions on contract freedom and where decisions regarding investment, production, and distribution to consumers are guided by the price signals created by the forces of supply and demand.
  • The existence of factor markets that control the distribution of capital and the elements of production is a key feature of a market economy.
<h3>What are a market economy's four characteristics?</h3>
  • A market economy is characterized by private property, freedom, self-interest, competition, and minimal government involvement.
  • In a market economy, supply and demand are the driving forces.

Learn more about the market economy here:

brainly.com/question/2343400

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8 0
2 years ago
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