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
loris [4]
2 years ago
12

In a particular setting where the newsvendor model applies, demand is Normally distributed and the critical ratio is 0.4. Then,

if the profit maximizing quantity (i.e., the Newsvendor ordering quantity) were ordered:_________
a. the expected sales is less than expected demand;
b. the expected sales is greater than expected demand;
c. the expected sales is exactly equal to expected demand;
d. the expected sales could be less than, equal to or greater than expected demand.
Business
1 answer:
Alja [10]2 years ago
3 0

Answer: C. the expected sales is exactly equal to expected demand;

Explanation:

The newsvendor model refers to the mathematical model that is used in the determination of optimal inventory levels. This model is characterized by uncertain demand and fixed prices for a good that's perishable e.g newspapers.

In this model, there can be a high profit only in a scenario whereby the demand and the supply is met. Therefore, if the profit maximizing quantity were ordered, the expected sales is exactly equal to expected demand.

You might be interested in
Which statements about the offer are true? Check all that apply.
svp [43]

Answer:

there is no picture

Explanation:

4 0
3 years ago
The cases filed at The Cross Company related to gender discrimination include one in which a 33-year-old sales representative wa
Romashka-Z-Leto [24]

Answer:

Title VII of the CRA

Explanation:

Title VII of the Civil Rights Act (CRA) is a landmark federal law that aims to protect employees against discrimination based on race, colour, sex, nation of origin, or religion.

The act was made law in 1964.

In the given scenario a female sales representative with excellent performance review was not promoted for 8 years, while Jim a male sales representative was promoted in just 18 months.

This is a gender based discrimination and is covered by Title VII of the CRA.

Age discrimination does not apply because it addresses discrimination of employees with minimum age of 40 years.

Equity act requires that employees on the same job role are compensated equally. This does not also apply.

Rehabilitation act prevents discrimination based on disability. This does not also apply

5 0
3 years ago
Which of the following is true of work?
Mademuasel [1]

Answer:

a. A job needs to be divided into types of work so that it can be coordinated in some logical way. ==>TRUE.

b. Work is the output that comes from the accomplishment of tasks. ==>FALSE.

c. Work is effort directed toward accomplishing results.==>TRUE.

d. Ideally, the work to be done in any organization should be significantly less than the amount of work that the organization needs to have done.==>FALSE

Explanation:

For a Job to be effectively executed, the steps required to carry out the job needs to be properly outlined, this itemized steps can be regarded as the work that needs to be done to properly execute the job.

Every work done has to be goal oriented, this is done to give the workers a sense of direction and also to avoid wasting time, energy and resources on things irrelevant to the job at hand.

Work done on an organization has to be equal to or more than it had planned to carry out in order to achieve the organization overall objectives.

5 0
2 years ago
At AgroCorp, each owner has unlimited liability for the debts of the business. It has several business units that focus on many
Rus_ich [418]

Answer:

general partnership

Explanation:

General partnership -

It refers to the condition , where the business is run by two or more individuals , who merges their shares , in order to run the business , it is referred to as a general partnership .

All the partner have equal rights on the profit ,loss , and all the financial decisions and income tax .

There are unlimited liability , and any of the partner can be sued for any type of business debts .

Hence , from the given scenario of the question ,

The correct term is general partnership  .

4 0
3 years ago
Conducting research about an occupation, company, or job can increase your employability. Please select the best answer from the
UkoKoshka [18]
Your answer will be true! good luck
7 0
3 years ago
Read 2 more answers
Other questions:
  • Select the correct answers. For which product would the producer keep a high profit margin and offer after-sales service? A. soa
    15·1 answer
  • (Blank) monetary policy involves decreasing the money supply.
    9·2 answers
  • Lydia works at a medical facility in which all employees are required to wear white shoes. lydia does not agree with this rule.
    11·1 answer
  • Which of the following statements is true about a short term aggregate supply curve?
    11·1 answer
  • Overhead expenses are budgeted at $2,000 per month. Included in the $2,000 are $500 of monthly depreciation expense and $200 of
    11·1 answer
  • Technology can be helpful and increase learning in the classroom true or false
    12·1 answer
  • Last month you assumed the position of manager for a large car dealership. The distinguishing feature of this dealership is its
    15·1 answer
  • John has an auto which is covered for collision losses subject to a $250 deductible. Kate's auto also has collision coverage but
    13·1 answer
  • ____?____ brands are a form of private, no-frills goods stocked by some retailers that usually get secondary shelf locations, ha
    8·1 answer
  • To make effective decisions in​ today's fast-moving​ world, managers need to​ ________.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!