(teddy bower parkas ) teddy bower is an outdoor clothing and accessories chain that purchases a line of parkas at $10 each from its asian supplier, teddysports. unfortunately, at the time of order placement, demand is still uncertain. teddy bower forecasts that its demand is normally distributed with mean of 2,100 and standard deviation of 1,200. teddy bower sells these parkas at $22 each. unsold parkas have little salvage value; teddy bower simply gives them away to a charity.
a. what is the probability this parka turns out to be a "dog," defined as a product that sells less than half of the forecast?
Answers: 2
Another question on Business
Business, 22.06.2019 16:00
In a perfectly competitive market, the long-run market supply curve tends to be horizontal or nearly so. what is another way to state this fact? (a) market supply is much more elastic in the long run than the short run. (b) in the long run, average total cost is minimized. (c) in the long run, price equals marginal cost. (d) market supply is much less elastic in the long run than the short run.
Answers: 1
Business, 22.06.2019 18:00
Your subscription to investing wisely weekly is about to expire. you plan to subscribe to the magazine for the rest of your life, and you can renew it by paying $85 annually, beginning immediately, or you can get a lifetime subscription for $620, also payable immediately. assuming that you can earn 6.0% on your funds and that the annual renewal rate will remain constant, how many years must you live to make the lifetime subscription the better buy?
Answers: 2
Business, 23.06.2019 01:00
While on vacation in las vegas jennifer, who is from utah, wins a progressive jackpot playing cards worth $15,875 at the casino royale. what implication does she encounter when she goes to collect her prize?
Answers: 3
Business, 23.06.2019 06:00
What are some questions to ask a clerk in the dispatch office?
Answers: 1
You know the right answer?
(teddy bower parkas ) teddy bower is an outdoor clothing and accessories chain that purchases a line...
Questions
Computers and Technology, 24.01.2020 23:31
Mathematics, 24.01.2020 23:31
World Languages, 24.01.2020 23:31
History, 24.01.2020 23:31
Computers and Technology, 24.01.2020 23:31
Mathematics, 24.01.2020 23:31
History, 24.01.2020 23:31
Computers and Technology, 24.01.2020 23:31
Mathematics, 24.01.2020 23:31
Mathematics, 24.01.2020 23:31
