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vazorg [7]
3 years ago
7

Mrs. Hanson has 2 pies for a party. She calculates that if she splits the pies evenly among the guests, they will each receive

Business
1 answer:
LiRa [457]3 years ago
7 0

Answer:

16 guests

Explanation:

If each guest is getting 1/8 of a pie, it means one pie is being divided into eight parts. One part is 1/8. One pie will be served to eight guests.

Two pies will be sufficient for 2x 8 = 16 guests.

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As can be seen from the above scenario, the risk profile increases as the company's activities move away from the known, controllable, and internal arenas to the unknown, uncontrollable, and external arenas.  This implies that increasing uncertainty induces more risk.

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The economic order quantity (EOQ) model is a classical model used for controlling inventory and satisfying demand. Costs include
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Answer:

Check the explanation

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Note: The values of quantities of the three items is kept as 1 to for the calculations of total cost.

The Solver dialogue box will appear. Enter the decision variables, objective function and the constraints, as shown in the third attached image below:

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