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
Korolek [52]
3 years ago
6

Henrique​ Correa's bakery prepares all its cakes between 4 A.M.and 6 A.M.so they will be fresh when customers arrive.​ Day-old c

akes are virtually always​ sold, but at a​ 50% discount off the regular ​$8 price. The cost of baking a cake is ​$5​, and demand is estimated to be normally​ distributed, with a mean of 20 and a standard deviation of 7. What is the optimal stocking​ level?
Business
1 answer:
romanna [79]3 years ago
7 0

Answer:

24.7215

Explanation:

Given;

Discount = 50%

Regular price, p = $8

cost of cake, c = $5

salvage value, s = 50% of $8 = $4

Mean = 20

Standard deviation, σ = 7

Now,

Underage cost, Cu = p - c

= $8 - $5

= $3

Overage cost, Co = c - s

= $5 - $4

= $1

P ≤ \frac{C_{u}}{(C_{u}+C_{o})}

P ≤  \frac{3}{(3+1)}

P ≤ 0.75

The Z value for the probability 0.75 is 0.6745

The optimal stocking level = Mean + ( z × σ )

= 20 + 0.6745 × 7

= 24.7215

You might be interested in
The team is struggling to agree on the Story point sizing of a new User Story. The Product Owner was previously a related domain
sp2606 [1]

Answer:

Continue to support the team's decision on sizing.

Explanation:

Before rolling out a product by a company, there is what is called user story which is usually being deliberated by the product team. The purpose is to ensure that the specifications as contained therein is in line with what customers wanted and same is well understood by the parties involved before rolling out the product.

A product owner who feels the team is wasting time has no option than to support the team's decision on point sizing because she is a member of the team. Moreover, the team has to come up with the best user story after point sizing and deliberation.

Also, as a product owner who is also part of the product team; they are known to be team oriented hence must continue to support whatever decision that is made by the team.

4 0
3 years ago
Which statements are true? Check all that apply: C-corporations are subject to double taxation. LLCs are best for taking venture
Ronch [10]

Answer: All except " LLCs are best for taking venture capital" .

Explanation:

1. The corporations have to pay corporate tax and after that the stakeholders have to pay tax on their dividends. Hence they are subject to double taxation.

2. The number of partners in a general partnerships could be  greater than two.

3. In case of LLC and corporations, the entity is considered to separate from its owners. Hence the owners enjoy limited liability benefit.

4 0
3 years ago
Farmers Produce Inc. and Growers Market enter into a contract for the delivery of vegetables. Some of the produce spoils before
Tamiku [17]

Answer:

A. Not fully integrated.

4 0
3 years ago
Please help me asap!!!
melomori [17]

Answer:

Finder's fee. good luck dude

6 0
2 years ago
a project partner suggests you make several time consuming edits to your project the day before the deadline, even though she's
ss7ja [257]

Answer:

A and E

Explanation:

Considering the scenario described in the question, the right action to take in this event are:

1. review her suggestions and tell her you'll prioritize the most important ones: due to deadline which is nearby, the best thing to do during review is to ensure the study is done to the essential part of the project

2. ask for her help addressing the edits​: because she's had the opportunity to review the work all along. And she is the one that suggested time-consuming modifications; it is ideal to ask for her input or help make the necessary edits so it will be faster, as she may have seen the needed improvements.

Hence, the correct answer is options A and E.

6 0
3 years ago
Other questions:
  • According to Twitter’s amended S-1 filed November 4, 2013, what were the estimated amounts of net proceeds to be received by the
    12·1 answer
  • As specialization increases in an economy, businesses tend to experience: a.) an increase in self sufficiency due to businesses
    14·2 answers
  • When was the word integer introduced?
    9·1 answer
  • __________is a business improvement approach that seeks to find and eliminate causes of defects and errors in manufacturing and
    6·1 answer
  • ABC common stock has been moving up recently and one of your clients purchased several hundred share of the stock this morning.
    8·1 answer
  • Efficiency is:
    12·1 answer
  • Paola and Isidora are married; file a joint tax return; report modified AGI of $148,000; and have one dependent child, Dante. Th
    5·1 answer
  • Name any four roles (functions) of money
    7·1 answer
  • The advantages of wireless networks include( select all that apply)
    12·1 answer
  • Your project sponsor is Shirley, the Chief Information Officer. She is a member of the hospital leadership team who controls the
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!