Answer:
A.) 270 units (b.) Increase
Explanation:
Given the following :
Annual demand (A) = 2870
Working days = 205
Review period (P) = 16 working days
Lead time (L) = 2 working days
Standard deviation (σ) = 6 per working day
Service probability = 76%
Therefore, z = NORMSINV(0.76) = 0.71
Average demand (D) = 2870 / 205 = 14
Optimum target level, (S) is given by the relation:
D×(P+L) + z×σ×√(P+L)
14×(16+2) + 0.71×6×√(16+2)
(14×18) + 4.26 × √18
252 + 4.26*4.242
252 + 18.07
= 270.07 units = 270 units
B) If service probability increases to 97%, Z will automatically increase, hence a corresponding increase in the optimal target level.
Answer:
16.67%
Explanation:
Calculation to determine what percentage of your salary must you save each year
First step is to calculate the Annual savings
Annual savings=$5 million*[(10%-3%)/(1+0.1)^40-(1+0.03)^40]
Annual savings=$5 million*0.07/(1.1^40-1.03^40)
Annual savings=$8333.88
Now let determine the percentage of the salary you must save each year
Proportion of savings=$8333.88/$50,000
Proportion of savings=0.1667*100
Proportion of savings=16.67%
Therefore the percentage of your salary that you must save each year is 16.67%
Answer:
none of the above
Explanation:
because the organization must know how much they own
The best and most correct answer among the choices provided by the question is the first choice, bank.
Bank would be recommended if you start a new business.
Hope my answer would be a great help for you. If you have more questions feel free to ask here at Brainly.