A gourmet coffee shop in downtown San Francisco is open 200 days a year and sells an average of 75 pounds of Kona coffee beans a day.? (Demand can be assumed to be distributed normally with a standard deviation of 13 pounds per? day). After ordering? (fixed cost? = $17 per? order), beans are always delivered from Hawaii in exactly 4 days.? Per-pound annual holding costs for the beans are $3. Refer to the standard normal table for? z-values.

a) What is the economic order quantity? (EOQ) for Kona coffee? beans?

412 pounds ?(round your response to the nearest whole? number).
b) What are the total annual holding costs of stock for Kona coffee? beans?
$618(round your response to two decimal? places).
c) What are the total annual ordering costs for Kona coffee? beans?
$618.93(round your response to two decimal? places).
d) Assume that management has specified that no more than a 1?% risk of stockout during lead time is acceptable. What should the reorder point? (ROP) be?

The monthly payment m of a loan of amount p for y years with an interest rate r can be calculated by the formula: m = p(r/12) 1 â’ (1 + r/12)â’12y calculate the monthly payment and the cummulative total payment for a $100,000 loan with an interest rate of 4.85% if taken out for 10 years, for 11 years, etc., up to a 30 year term. display the results in a three-column table where the first column is the number of years, the second is the monthly payment, and the third is the cummulative total payment. note: use format bank; for this problem. also, remember to represent the interest rate as a decimal (e.g. 0.0485) 2. a torus-shaped water tube is designed to have a volume of 8, 000in3 . the volume of the tube, v , and its surface area, s, are given by: v = 1 4 ď€ 2 (a + b)(b â’ a) 2 s = ď€ 2 (b 2 â’ a 2 ) if a = kb, determine s, a, and b for k = 0.2, 0.3, 0.7. display the results in a table

Consider the following scenarios. use what you have learned to decide if the goods and services being provided are individual, public, or merit goods. for each case, state what kind of good has been described and explain your answer using the definitions of individual, public, and merit goods. (6 points each) 1. from your window, you can see a city block that's on fire. you watch city firefighters rescue people and battle the flames to save the buildings. 2. while visiting relatives, you learn that your cousins attend a nearby elementary school that is supported financially by local property tax revenue. 3. you see a squadron of military jets flying overhead. 4. you find out that your aunt works for a defense manufacturing company that has several defense contracts with the government. she tells you that she works for a team that is producing a communications satellite. 5. your class visits a local jail run by a private, profit-making company that detains county criminals and is paid with tax revenue.

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