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Reil [10]
3 years ago
12

Gentle Ben's Bar and Restaurant uses 7,400 quart bottles of an imported wine each year. The effervescent wine costs $5 per bottl

e and is served only in whole bottles because it loses its bubbles quickly. Ben figures that it costs $10 each time an order is placed, and holding costs are 30 percent of the purchase price. It takes two weeks for an order to arrive. Weekly demand is 148 bottles (closed two weeks per year) with a standard deviation of 30 bottles.'Ben would like to use an inventory system that minimizes inventory cost and will provide a 90 percent service probability. a. What is the economic quantity for Ben to order? (Round your answer to the nearest whole number.) Economic order quantity bottles b. At what inventory level should he place an order? (Use Excel's NORMSINVO function to find the correct critical value for the given α-level. Do not round intermediate calculations. Round "z" value to 2 decimal places and final answer to the nearest whole number.) Inventory level ____ bottles
Business
1 answer:
Leto [7]3 years ago
7 0

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My nickname - Lovely

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The quality assurance committee has completed a study that reviewed preoperative and pathologic diagnosis. Upon review of the st
luda_lava [24]

Answer:

The given findings should be reviewed by the <u>tissue committee.</u>

Explanation:

The tissue committee is a committee in a hospital or health care facility that is responsible for preventing unnecessary surgeries, evaluating the performed surgeries and detecting delays in performing a surgical procedure.  This committee is also responsible for reviewing preoperative and postoperative diagnoses with the pathological findings.

<u>Therefore, the given findings should be reviewed by the </u><u>tissue committee.</u>

8 0
3 years ago
Republic Resorts owns numerous hotels on each of the Hawaiian Islands. The company's performance reporting system is structured
iris [78.8K]

Answer:

The best depiction of the information level given to a department manager versus that reported to a company vice-president is:

    Department Manager     Company Vice-President

B.  Somewhat detailed         Somewhat summarized

Explanation:

At the operational level of the organization, the information requirement is for detailed data to help the department manager act on operational decisions.  At the tactical level where the vice-president operates, the information requirement is for data that is somewhat summarized but not too detailed.  The highest level of the organizational hierarchy is the strategic level, where information requirement concentrates on detailed reports and not detailed data but highly summarized data.

7 0
2 years ago
Why is the greece financial crisis described as a depression and not a recession?
Alex73 [517]

<span>The financial crisis in Greece is described as depression rather than recession is because the Greece’s economy had taken a severe and sustained economic downturn. Greece’s economy has been marked by a substantial and sustained shortfall of the ability to purchase goods relative to the amount that could be produced. Depression is a more severe form of recession. Recession lasts a few months, while depression lasts longer. </span>

6 0
3 years ago
What are the implications of self-reliance for business? for religion (prayers, creeds)? for travelling? for art? for property o
monitta
Fundamentally, it is anything but difficult to apply Emersonian convictions of independence to any piece of life. Basically it is to believe yourself and your judgments, and not to let any other individual impact what you accept just in light of the fact that they oppose or you fear what you will think. You should depend on yourself, in its most fundamental shape. Henceforth, the expression "confidence". Depend on yourself, and nobody else.
5 0
3 years ago
What is the net present value of a project with the following cash flows if the discount rate is 15 percent? The project costs $
natima [27]

Answer:

The correct answer is option e

e. Zero to $5,000

Explanation:

<em>Net Present Value (NPV) : This is one of the techniques available to evaluate the feasibility of an investment project. The NPV of a project is the difference between the present value of the cash inflows and the cash outflows of the project discounted at the required rate of return</em>

PV of cash inflows

=  $15,600 × (1.15)^(-1) + ( $15,600× 1.15^(-2) + ($28,900 × 1.15^(-3) ($15,200 × 1.15^(-4)

=53,053.92

NPV =53,053.92-48,100

NPV =4,953.927

5 0
3 years ago
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