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Books, etc., a nationwide chain of bookstores, anticipates that annual demand for the paperback version of a best-selling novel will be 150,000 copies. The books cost the firm $2 each. Books, etc. has determined that the optimal order quantity (EOQ) is 30,000 copies. It takes 20 days between when an order is placed and when the delivery is received. Carrying costs are 15 percent of the inventory value. Determine the following:
a. Optimal ordering frequency
b. Average inventory and annual carrying costs
c. Reorder point
Books, etc. decides that it wants to maintain a 60-day safety stock of the novel to meet unexpected demand and possible shipment delays from the publisher. Determine the following:
d. Amount of safety stock, in units
e. Average inventory and annual carrying costs
f. Reorder point
Suppose you have selected a random sample of N-7measurements from a normal distribution. Compare the standard normal z- critical values with the corresponding t- critical values if you were forming the following confidence intervals:
Calculate the value of the two accounts at the end of one year, and recommend to Joseph which account he should choose.
list two investment products that a manager following a passive investment strategy could use to make an investment in
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Today you purchase a $1,000 par value convertible bond of Bunky's Burgers. The bond matures in 30 years and has an annual coupon of 10%, payable semiannually. The yield to the maturity on the bond is 12% a year, compounded semiannually.
Describe the purpose of the report and provide a conclusion. An introduction and a conclusion are important because many busy individuals in the business environment may only read the first and the last paragraph.
torrid romance publishers has total receivables of 3000 which represent 20 days sales.average total assets are 75000.
You are a financial advisor and your new client is Triangle Jones, a 32 year old Musician. In the first meeting Triangle tells you he only has faith in real assets. He believes only real assets create wealth in an economy and when you try to expla..
You've the option of extending your annuity another 10 years. If you pay more money today, you can continue to recieve $1,500 per year for another 10 years.
royal mediterranean cruise lines common stock is selling for 22 per share. the last dividend was 1.20 and dividends
What is strategic management? What are the roles of mission and vision statements in strategic management? Can an organization have a successful strategic plan without effective mission and vision statements? Why or why not?
In brief explain the types of risks faced by investors in domestic bonds? Also point out the additonal risks associated with nondomestic bonds. Describe the differece between Stocks and Bonds and which one Corporations use most to raise capital.
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