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Southeastern Bell stocks a certain switch box at its central warehouse for supplying field service offices. The yearly demand for these connectors is 15,000 units. Southeastern estimates its annual holding costs for this item to be $25 per unit. The cost to place and process an order from the supplier is $75. The company operates 300 days per year and the lead-time to receive an order from the supplier is 8 working days.
a) Find the economic order quantity.
b) Find the annual holding costs.
c) Find the annual ordering costs.
d) What is the reorder point?
P-value for test statistic is .085, determine the minimum level of significance needed to reject null hypothesis?
Suppose that nine additional firms will be added to the bankruptcy rolls during the next quarter. How many of those failures are likely to be attribute to fraud?
In the history class the mean score was 76 with standard deviation 3.
One environmental group did a study of recycling habits in a California community. It found that 73% of the aluminum cans sold in the area were recycled. (Round your answers to four decimal places.)
At the .05 level of significance, can we conclude that those joining Weight Reducers on average will lose less than 10 pounds? Determine the p -value.
Determine the coefficient of correlation between the two variables. Interpret the value.
The accounting department at Weston Materials, Inc., national manufacturer of unattached garages, reports that it takes two construction workers mean of 32 hours and standard deviation of 2 hours to erect the Red Barn model.
Find out the earliest completion time for play and critical path.
According to the patient's history and physical examination. What are the chances of herniation if the MRI is positive?
The profit from selling food at an outdoor cafe depends on the number of hours of sunshine through the formula, Profit = 1000(1-(e -x /10)). Find the expected level of profit.
Estimate the probability the store will gross over $850 a) Fewer than 5 out of 10 business days.
Assume that the weights of coconuts are normally distributed with a mean weight of 17.6 pounds and a standard deviation of 1.2 pounds.
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