Answer:
100 times per year
Explanation:
Data provided in the question:
Annual Demand , D = 320,000 boxes
Cost of storing one box, C = $10
Plant set up cost for production, c = $160
Now,
The optimal ordering quantity = 
or
The optimal ordering quantity = 
or
= 3200
Therefore,
Number of timer in year company produce boxes = 
= 
= 100 times per year
Answer:
C.) The law will have no impact on the market.
Explanation:
The minimum wage refers that the producers could charge high amount as compared with the wages i.e. minimum also the equilibrium wage would be more than the minimum wage so this represents that the market is an equilibrium point and hence there is no impact on the market
Therefore the option C is correct
And, hence all the other options are wrong
Answer:
sopomores= 0.0397
juniors= 0.1481
seniors= 0.2063
Explanation:
Giving the following information:
There are two teams of students:
Team A with 3 sophomores, 8 juniors, and 13 seniors. Total of 24 students.
Team B with 5 sophomores, 7 juniors, and 6 seniors. Total of 18 students.
First, we need to calculate the probability of selecting any student on each team:
Team A:
sophomores=3/21= 0.1428
juniros= 8/21= 0.3809
senors= 13/21= 0.619
Team B:
sopomores= 5/18= 0.2778
juniors= 7/18= 0.3889
seniors= 6/18= 0.3333
Now, we can calculate the probability of selecting the same type of students:
sopomores= 0.1428*0.2778= 0.0397
juniors= 0.3809*0.3889= 0.1481
seniors= 0.619*0.3333= 0.2063
