Percentage of such cartons contain

Assignment Help Finance Basics
Reference no: EM131435561

At Jen and Perry Ice Cream Company, the machine that fills -pound cartons of Top Flavor ice cream is set to dispense 1 pound cartons of Top Flavor ice cream is set to dispense 16 ounces of ice cream into every carton. However, some cartons contain slightly less than and some contain slightly more than 16 ounces of ice cream. The amounts of ice cream in all such cartons have a normal distribution with a mean of 16 ounces and a standard deviation of .40 ounces. What percentage of such cartons contain less than 15.858 ounces of ice cream?

Round your answer to two decimal places.

Reference no: EM131435561

Questions Cloud

What is your z-score : The written driving learner's permit test, on which scores range from 0 to 20, and has a mean of 16, standard deviation of 2. If you earned the highest possible score on the learner's permit test of 20, what is your Z-score?
How the organizational form of the business affects : Write a letter to Thomas explaining how the organizational form of the business affects each of the items he has mentioned.
Percentage of customers paying by check : Assume that the expenses incurred on groceries by all such customers at these stores are normally distributed. What percentage of customers paying by check spend between 59.94 and 114.06 on groceries?
Discusses the social responsibility pricing : The text discusses "Social responsibility pricing". Some argue that a business cannot sustain itself if it practices social responsible pricing. In 250 words.
Percentage of such cartons contain : The amounts of ice cream in all such cartons have a normal distribution with a mean of 16 ounces and a standard deviation of .40 ounces. What percentage of such cartons contain less than 15.858 ounces of ice cream?
Write essay applying thinking on margin and power of trade : write essay applying Thinking on the Margin and The power of trade. We strongly encourage you to meet with the TA's ahead of time to discuss your writing assignment and get feedback.
Information that would be pertinent : The hospital has noticed a trend in hospital acquired infection VRE in the ICU. What graph or chart would best be utilized to present to administration the data supporting the patients, the diagnosis, staff, shift, and any other information that w..
Identify different specialty areas in public health : Identify and describe at least three different specialty areas in public health to include the actual roles/careers, responsibilities, and organizations that employ these positions. Explain whether you have any interest in any of these service are..
For the following cash flow calculate the pay-back period : For the following cash flow calculate the pay-back period , discounted pay-back period and Profitability Index with discount rate of 10%. Year Cashflow 0 -1000 1 500 2 400 3 300 4 100

Reviews

Write a Review

Finance Basics Questions & Answers

  What is the current carrying cost

Redan Manufacturing uses 2,400 switch assemblies per week and then reorders another 2,400. The relevant carrying cost per switch assembly is $9.50, and the fixed order cost is $1,200.

  Concerns with properly controlling flow

Explain this use in your current place of employment or an organization you are familiar with. Describe concerns with properly controlling this flow, including keeping it safe from unauthorized use.

  How stocks are priced in an efficient

Being the more conventional type, you take it upon yourself to explain to your friend how stocks are priced in an efficient, competitive market. Good luck! Your friend holds strong opinions and will only be convinced by sound logic, clearly stated..

  What is the percentage return on the position

A speculator sells a stock short for $50 a share. The company pays a $ 2 annual cash dividend. After a year has passed, the seller covers the short position at $ 42. What is the percentage return on the position (excluding the impact of any intere..

  Determine the optimal order quantity

a. Determine the optimal order quantity. b. Determine the number of orders per year.

  Determine the settlement option chosen by most

1. you have a parent who may need nursing care at some time inthe future. you know the health insurance policy doesnt

  Triumph company has total assets worth 6413228 next year it

1.planning models that are more sophisticated than the percent of sales method have2.firms that achieve higher growth

  Common rule of thumb for short-term

The most common rule of thumb for short-term operations is to finance long-term needs for capital with long-term sources and short term needs with short-term sources. Given that rules of thumb are for normal operations, for the following situation..

  Objective type questions on financial strategies

Objective type questions on Financial strategies and is it true or false that Corporate shareholders are exposed to unlimited liability

  If a firm pays out 30 of its earnings as dividends and has

if a firm pays out 30 of its earnings as dividends and has averaged a 20 percent return on assets how quickly can the

  Discuss the advantages and disadvantages of maintaining

Discuss the advantages and disadvantages of maintaining multiple manufacturing sites as a hedge against exchange rate exposure.

  What is the primary function of finance companies

What is the primary function of finance companies? How do finance compa- nies differ from depository institution?

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd