Answer:
Answer
Step-by-step explanation:
for 4. I think sports?
for 5. I think sports also.
Not sure though.. sorry if it's wrong.
Answer:
D) 5.5%
Step-by-step explanation:
To find the interest rate, use the equation: I = prt
I = Interest = $6,600
p = principal = $15,000
r = rate = unknown
t = time = 8 years
Now plug the numbers into the equation.
6,600 = 15,000 * r * 8
6,600 = 120,000 * r
Now isolate the variable by dividing both sides of the equation by 120,000.
0.055 = r
Now change the rate to a percent by moving the decimal point 2 digits to the right.
5.5% = r OR r = 5.5%
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Answer:
a. 21 327 hot dogs/run
b. 70 runs/yr
c. 4 da/run
Step-by-step explanation:
Data:
Production rate (p) = 5000/da
Usage rate (u) = 260/da
Setup cost (S) = $66
Annual carrying cost (H) = $0.45/hot dog
Production days (d) = 294 da
Calculations:
a. Optimal run size
(i) Annual demand (D) = pd = (5000 hot dogs/1 day) × (294 days/1 yr)
= 1 470 000 hot dogs/yr
(ii) Economic run size



= 21 327 hot dogs/run
b. Number of runs per year
Runs = D/Q₀ = (1 470 000 hot dogs/1yr) × (1 run/21 327 hotdogs)
= 70 runs/yr
c. Length of a run
Length = Q₀/p = (21 327 hot dogs/1 run) × (1 da/5000 hot dogs)
= 4 da/run