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The manager of a hardware store decides to use the EOQ with shortages model to determine the ordering policy for tape measures. Using economic considerations, the manager determines that she should use an order quantity of Q = 30 and have a maximum shortage of b = 3. The lead time for her supplier to deliver an order is L working days, where there are six working days in a week. (Essentially, you can ignore Sundays.) The weekly demand is for 20 tape measures. What reorder point should the manager use if L = 3; if L = 5; if L = 10?
the connor company has fixed costs of 500. unit variable costs are 73 per unit and the product sells for 102unit. what
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use the following selected data from success systems income statement for the three months endedmarch 31 2014 and from
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What effect does intra period tax allocation have on reported net income?
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In December 2014, Rangers Inc. invested $100,000 of idle cash in U.S. Treasury notes. The notes mature on October 1, 2015, at which time Rangers expects to redeem them at face value of $100,000.
Using software, find the value of z that makes the following probabilities hold. Again, you might find it helpful to draw a picture to check your answers.
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