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Omar Haaris receives 5000 tripods annually from Top-Grade Supplier to meet his annual demand. Omar runs a large photographic outlet, and the tripods are used primarily with 35mm cameras. The ordering cost is $15 per order, and the carrying cost is $0.50 per unit per year. Weekly demand is 100 tripods. A) What is the optimal order quantity? B) Top-grade offering a new shipping option. When an order is placed, top-grade will ship one third of the order every week for three weeks instead of at one time. What is the order quantity if Omar chooses to use this option? To simplify your calculations, assume that the average inventory is equal to one-half of the maximum inventory level for Top-Grade' s new option.
Determine and interpret the sensitivity of mammography.
Find the mean, median, mode, variance and standard deviation for the following nine data values and find the four quartiles and the 20 th and 80 th percentiles for the above data.
Will all three approaches always result in the same conclusion? Explain.
Difference between the variances in assembly times (in seconds) of employees trained in a computer-assisted, individual-based program and those trained in a team based program?
Develop 95% confidence intervals for the proportion of all students, the proportion of male students, and the proportion of female students who were involved in some type of cheating.
What percentage of current customers would be eligible for the discount?
List all necessary assumptions and indicate which might be suspect. Also perform a non-parametric analysis. Verify your results using SAS - Determine the subset of variables that is selected as best by the forward selection procedure using Fo = 4.2 ..
Find the probability that - exactly two of the workers have been exposed to asbestos - Find the probability that exactly 15 babies are female.
What is the probability in the sample?
question 1an airline was interested in measuring the length of time customers have to wait in the queue prior to
The researchers used the available survey data and summarised the nature of the car accidents and if a mobile phone was being used by the driver either during (or immediately before) the accident
The U.S. Food and Drug Administration
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