Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Consider a product satisfying assumptions of the newsvendor model. Demand ~ Normal[μ=1000, σ=200]. Purchase cost: $100 / unit. For every unit sold, there is a profit of $30 per unit. (Revenue = cost + profit = 100 + 30 = $130). Unsold units are disposed off at a loss of value: $20 per Unit (therefore V=$80).
a) What is the mean demand?
b) What is the newsvendor critical ratio?
c) What is the optimal order quantity Q*? (Use Standard Normal Distribution Function Table Round up to the nearest integer if you get a non-integer.)
d) If we order Q* as obtained in (c), what is the expected lost sales? (Use Standard Normal Loss Function Table)
e) If we order Q* as obtained in (c), what is the expected profit?
You are the project manager for the Seaburst construction project. So far the proj- ect is progressing ahead of schedule and below budget. You attribute this in part to the good working relationship you have with the carpenters, plumbers, electrician..
What kind of economic factors affect the purchasing power of potential customers and the firm's cost of capital such as economic growth, interest rates, exchange rates, etc.
Imagine yourself as the CEO of a large firm in an industry in which you are interested. Please (1) identify major trends in the general environment, (2) analyze their impact on the firm, and (3) identify major sources of information to monitor these ..
The money a company brings in from selling products equals the amount spent producing the products. the total fixed costs are exactly equal to the total variable costs. profits are exactly equal to the difference between revenue and total variable co..
From the e-Activity, evaluate the requirements under GAAP related to channel stuffing practices on financial statements. Recommend key additional requirements, and justify those requirements.
Briefly describe one example of a firm that appears to have done a good job in balancing their e-business distribution network with their “brick and mortar” distribution store network. Use at least four criteria from the e-business scorecard in the t..
Assume that only purchasing costs are being considered. Which machine would have the lowest total cost, and how many of that machine would be needed? Machines operate 10 hours a day, 250 days a year.
A manager who encourages initiative by reminding employees that their failure means organizational failure should do something different. What should he do?
What methods of communications does Kroger and Johnson&Johnson employ? What elements of the communication mix are used to target which consumer segments of Kroger and Johnson&Johnson? Does either Kroger or Johnson&Johnson address accountability and t..
give an example of a good decision you made that resulted in a bad outcome or an example of a bad decision you made
submit an 8-10 page analysis excluding cover page and references of your organization as a learning organization.the
Happy Valley Hospital is a community-based health care facility with a reputation for providing quality health care services to the residents of Happy Valley and its surrounding markets.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd