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A. If Mercedes Benz realizes that its annual demand for 500SEL model is 50,000 and their cost of order preparations is $42,000.00 and the inventory carrying cost per car per year is $3,600.00. What will be the Economic Order Quantity? b. During replenishment of blue diamonds, it is shown that the average demand per period is 4 and the average lead time is 3 per period. What is the standard deviation of demand during replenishment of blue diamond if the standard deviations of demand per period and lead time are 1.2 and 1.5 respectively?
Calculate the maintained mark up percentage for a department under the following conditions:
Determine the point price and income elasticity’s for household furniture. b. What interpretation would you give to the exponent for R?
For 5 years you have owned and operated a small company, ABC Desks, that designs and manufactures high-end custom wooden desks. The business is incorporated and pays state and federal taxes separate from your personal income. Develop an Income Statem..
How might it be possible for the unemployment rate to still increase? Provide an example, i.e., provide a scenario with numbers, to support your answer
A manufactures of a well-known brand of toothpaste is considering changing the way he prices his tooth paste. Currently, he is selling it at $5.00 per bottle. He hired a college professor of economics to estimate the demand function for the product.
Suppose the production function for pasta is Q = 4kl. Does this cost function have increasing or decreasing returns to scale?
In a Price Taker market, with a total fixed cost =$200 Also given Output per month (3) tons, Total Cost = 1550, Price per ton = 500,. How would I calculate (and what formula would I use for each), Marginal Cost (MC), Average Variable Cost (AVC), Aver..
Most people spend some of the time in the majority and some of the time in the minority, but overall they consider themselves to be one or the other. Determine whether or not you are going to consider yourself a minority or majority for this question..
What were factors that caused ex-slave states in the south lag behind the north in participation in this acceleration of industrialization?
For the closed-economy, one-period model, suppose that and where determine consumption, employment, output, leisure, and the real wage in a competitive equilibrium, and explain your solutions.
Revenue-sharing in professional sports. Assume that there are two grades of professional football players. There are a limited number of “stars,” whom the fans most want to watch, and an unlimited number of “non stars.” There are too few stars to ful..
Based on the information conveyed by the demand curve expressions, how would you explain the price difference between the two meals.
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