Answer:
The optimal stocking level for the bakery is cakes 27.
Explanation:
Cost c = $ 7
Selling price p = $ 10
salvage value s = $ 5
Mean = 25
Standard deviation \sigma = 8
Cu = underage cost
= p-c
= $10 - $7
= $3
Co = overage cost
= c-s
= $7 - $5
= $2
P\leq C_{u}/(C_{u}+C_{o})
P\leq3/(3+2)
= 0.6
By using normsinv() function in excel we to find the correct critical value
The Z value for the probability 0.6 is 0.2533
The optimal stocking level is
=\mu +z\sigma
= 25 + 0.2533 *8
= 27.02
The optimal stocking level of bakery is 27.02
Therefore, The optimal stocking level for the bakery is cakes 27.
Answer:
In that situation, the demand of the Milk tea will fall.
Explanation:
In businesses subtitles are the type of products that serve a similar purpose but generally less favorable. You use substitutes as a second product when you somehow cannot use the first/main product.
In the example above,
Let's say that Coffee is people's favorite beverages. They like it better than milk tea. But, if they don't have enough money to buy their favorite coffee, they sometimes have to exchange it and settle with milk tea.
When weather increases the harvest of the coffee bean crop, the price of coffee will most likely fall down due to the abundance in resource.
When this happen, there will be lesser people who use the substitute product. in the end, the demand for the milk tea will fall.
Selection Funnel Process should be decided by the organisation to have good candidates that would help to Grow the business.
Explanation:
1. Positive Attitude -. The candidate should have a optimistic thinking towards every situation he/she faces.
2. Cooperative/Teamwork - The candidate should have the sportsman spirit to be able to work under or above as a team.
3. Creative -The candidate should have a create mind so as to innovate and give new ideas , suggestion that help the company to grow.
Answer:
The correct word for the blank space is: Permissive.
Explanation:
Permissive parenting is the style by which parents allow their children to do what the children consider best for them, even if it is not necessarily correct. Under this approach, parents are seen more like friends since they do not provide the children with a well-established set of rules.
The correct option is B. Libraries and the registrar/bursar are examples of resources that may be accessible online.
You will converse with peers on the subjects covered in a session on the discussion board.
<h3>
What are study resources?</h3>
Study aids are available to support students in achieving their academic and non-academic objectives. Making use of these beneficial hints can help you get the most out of your education. While balancing life as a student, time management and access to study materials is crucial.
Learning Materials Materials are things that are employed in the teaching of a subject. The "Primary Material Type" field and the "Secondary/Other Material Type" field definitions for the material types that can be chosen during upload are listed below.
The best choice is B. Online resources include the registrar/bursar and libraries, for instance.
Learn more about Study Resources here:
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