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postnew [5]
3 years ago
11

Demand is variable and the company wants to build a safety stock into R. The average daily demand is 15, the lead time is 3 days

, Z-value is 2, and the standard deviation of demand during lead time is 5. Items purchased from a vendor cost $300 each. The firm operates 350 days. If it costs $10 every time an order is placed for more units, and the storage cost is $5 per unit per year. What is the reorder point
Business
1 answer:
olya-2409 [2.1K]3 years ago
8 0

Answer:

Average daily demand (d) = 15

Lead time (L) = 3 days

Value of Z = 2

Standard deviation of demand during lead time = 5

Reorder point = d × L + (Z × standard deviation of demand during lead time)

= 15 × 3 + (2 × 5)

= 45 + 10

= 55

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Answer:

B. Δk = sf(k) – (δ + n)k.

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The Solow Growth Model, developed by Robert Solow, a Nobel Prize winning economist. It was the first neoclassical growth model which was was built upon the Keynesian Harrod-Domar model. The modern theory of economic growth is given by the Solow Model.

The equation below gives us the change in capital stock per worker with population growth at rate n;

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3 years ago
according to the midpoint method, the price elasticity of demand for oranges between point x and point y is approximately0.05 ,
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  • The percentage change in quantity subtracted from the percentage change in price represents the price elasticity of demand. The following formula may be used to calculate the percentage change in the number of oranges requested in this area using the midpoint method:

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Mark agrees to buy dale's one-half-ton truck so that he can pull his trailer. both mark and dale believe that the truck is large
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The contract between both of them is rescinded because of mutual mistake. It is because Mark and Dale, the parties of the contract, are both made a mistake about the estimation of the size of the truck. Although Dale and Mark have meeting of minds which is considered the contract to be valid but both they have made mistake, therefore, the contract is voidable. 
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I need help on creating my resume. I’m a high schooler currently in the 11th grade. I haven’t won any awards here at my high sch
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Some tips can be important for you to create an attractive resume. It's always good to align your experiences with the area you want to compete in, that is, include courses, extra curricular experiences and awards that have to do with the field of work that interests you. Other important tips are:

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2 years ago
Jeff opted to exercise his August option on August 10 and received $2,500 in exchange for his shares. Jeff must have owned a(an)
gtnhenbr [62]

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c. American put.

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European option on the other hand only allows option rights on the day of expiration of the option contract.

American put option allows the owner sell his option at any period within the contract life.

In the given scenario Jeff decided to sell his August options on on the 10th of August (before the expiry date). In exchange he recieved cash of $2,500.

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