Business, 18.12.2019 07:31 chakalarenfroe
Dan mcclure is trying to decide on how many copies of a book to purchase at the start of the upcoming selling season for his bookstore. the book retails at $28.00. the publisher sells the book to dan for $20.00. dan will dispose of all of the unsold copies of the book at 75 percent off the retail price, at the end of the season. dan estimates that demand for this book during the season is normal with a mean of 1 00 and a standard deviation of 42. a. how many books should dan order to maximize his expected profit? b. given the order quantity in part a what is dan’s expected profit? c. the publisher’s variable cost per book is $7.5. given the order quantity in part a, what is the publisher’s expected profit?
Answers: 3
Business, 21.06.2019 17:50
Identify which of the twelve basic functions listed below fit the description given.
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Business, 21.06.2019 19:40
Uppose stanley's office supply purchases 50,000 boxes of pens every year. ordering costs are $100 per order and carrying costs are $0.40 per box. moreover, management has determined that the eoq is 5,000 boxes. the vendor now offers a quantity discount of $0.20 per box if the company buys pens in order sizes of 10,000 boxes. determine the before-tax benefit or loss of accepting the quantity discount. (assume the carrying cost remains at $0.40 per box whether or not the discount is taken.)
Answers: 1
Business, 21.06.2019 20:20
Jimmy owns an ice cream parlor. he designs a schedule for the different tasks the employees have to perform in order to prevent monotony at work. according to the schedule, if an employee makes waffle cones on a day, he serves ice creams the next day and clears the tables on the day after that. jimmy is using the approach at his ice cream parlor.
Answers: 2
Business, 22.06.2019 11:00
Acoase solution to a problem of externality ensures that a socially efficient outcome is to
Answers: 2
Dan mcclure is trying to decide on how many copies of a book to purchase at the start of the upcomin...
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