Tobacco is shipped from north carolina to a cigarette manufacturer in cambodia once a year. the reorder point, without safety stock, is 200 kilos. the carrying cost is $10 per kilo per year, and the cost of a stockout is $65 per kilo per year. given the following demand probabilities during the lead time, how much safety stock should be carried?

An increase in the market price of men's haircuts, from $16 per haircut to $26 per haircut, initially causes a local barbershop to have its employees work overtime to increase the number of daily haircuts provided from 20 to 25. when the $26 market price remains unchanged for several weeks and all other things remain equal as well, the barbershop hires additional employees and provides 40 haircuts per day. what is the short-run price elasticity of supply? nothing (your answer should have two decimal places.) what is the long-run price elasticity of supply? nothing (your answer should have two decimal places.)