The following graph represents the cost and revenue functions for custom-made computers. How many computers have been sold at th
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Using the <em>Single's Person Weekly payroll</em> distribution , the number of allowances claimed by Frica Morrison will be 3.
<u>Given that</u> :
- Weekly pay = $513.66
- Federal income tax withheld = 33
<em>From the payroll table</em>, Frica's weekly pay falls inbetween $510 - $520 ; checking along the row, we can see from the <em>table(attached)</em> that Federal income tax withheld of $33 falls under the 3 allowances claimed.
This means that for Frica to have $33 withheld from his <em>weekly pay of $513.66</em>, then he must have claimed 3 allowances.
Therefore, the Number of allowances claimed by Frica Morrison is 3.
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Answer:
344 Sheets
Explanation:
This can be estimated as follows:
D = Demand = 4,100 per year,
d = Daily demand = 4,100/365 = 11.23 sheets
T = Time between orders = four weeks = 28 days
L = Lead time, i.e. time sheets taken to be delivered = 14 days
SDd = Daily demand standard deviation = 3 per day
I = Current Inventory = 160 sheets
P = Service level = 95% (Probability of not stocking out)
From Standard normal distribution, z = 1.64 for 95% Service Level (or 5% Stock out)
SDt + l = SDd * = 3 *
= 19.44
Employing the order quantity formula, we have:
Q = Order quantity = D * (T + L) + z * (SDt + l) - I
Substituting for the values, we have:
Q = 11.23 * (28 + 14) + 1.64 * 19.44 - 160
Q = 343.54 = 344 sheets approximately
Therefore, 344 sheets should be ordered.