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gregori [183]
3 years ago
8

Blackmon Brothers law firm used 165 legal pads over the last three weeks (15 days). It takes them three days to get more, and th

ey want to keep two day's worth as a safety stock. How low can their stock get before they need to order more?
Business
1 answer:
jarptica [38.1K]3 years ago
4 0

Answer:

55 legal pads.

Explanation:

The level at which Blackmon Brothers should order more legal pads is the re-order point.

The calculate re-order point, we require

Average daily usage

Delivery lead time

Safety stock is needed.

For Blackmon, Average daily usage will be 165 divided by 15 days

=165/15

=11 legal pads per day.

Lead time is 3 days

Formula for getting the re-order point

= (average daily usage x delivery time) + requires safety stock

For Black man

= (11 x 3)+ (11 x 2)

=33 + 22

=55 legal pads.

They should re-order when they have a balance of 55 legal pads.

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Explanation:

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2 years ago
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Answer:

The correct option is (C)

Explanation:

One of the best traits of a good sales person is his ability to connect with people and seek important information related to their needs and attitude towards different products. They strike conversation informally with people to gain their confidence and build rapport.

Here, Brandi is confused as she feels it was not appropriate of her supervisor to talk to a prospect's secretary. However, she did not know that her supervisor chatted with the secretary in a friendly manner as secretaries spend most of their time with the boss and is well aware of his requirements. So, supervisor will be able to seek important information from her about the prospect that would help him convert it to sales.

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Prices of products are often higher in a foreign country than the home country due to transportation charges, taxes, tariffs, an
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7 0
3 years ago
A retail store is doing a $50 gift card giveaway by selecting 1 customer from a pool of registered customers. The pool of regist
Pani-rosa [81]

Answer:

False

Explanation:

Given

P(Female) = 52\%

P(Age>65) = 18\%

Required

Determine P(Female\ or\ Age>65)

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We know this because the question says the pool is from all ages.

So, the required probability is calculated using:

P(A\ or\ B) = P(A) + P(B) - P(A\ and\ B)

In this case, it is:

P(Female\ or\ Age>65) = P(Female) + P(Age>65) - P(Female\ and\ Age>65)

This gives:

P(Female\ or\ Age>65) = 52\% + 18\% - P(Female\ and\ Age>65)

P(Female\ or\ Age>65) = 70\% - P(Female\ and\ Age>65)

Because the pool is from all ages,

P(Female\ and\ Age>65) > 0\%

So:

P(Female\ and\ Age>65) < 70\%

The solution to this question is <em>b. False</em>

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