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Aleonysh [2.5K]
3 years ago
5

7. Goop Inc. needs to order a raw material to make a special polymer. The demand for the polymer is forecasted to be normally di

stributed with a mean of 250 gallons and a standard deviation of 100 gallons. Goop sells the polymer for $25 per gallon. Goop purchases raw material for $10 per gallon and must spend $5 per gallon to dispose of all unused raw material due to government regulations. (One gallon of raw material yields one gallon of polymer.) If demand is more than Goop can make, then Goop sells only what it has made and the rest of the demand is lost.
How many gallons should Goop purchase to maximize its expected profit?
Business
1 answer:
marusya05 [52]3 years ago
6 0

Answer:

i do not support gwentyth paltrows company

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Assume that the reserve ratio is 20% and banks in the system are loaning out all their excess reserve. If people collectively ca
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Answer:

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<u><em></em></u>

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Some of the damage that new technology can produce are not predicted both because the technology is new and because it may be used with different goals to those it was developed. This explains why option <em>C, It has many bad effects</em>, is false, and option <em>D, "It has both good and bad effects, but we can't always predict what those are", </em>is true.

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