subject
Business, 22.04.2020 15:48 anaruiz00

Jerry sells ice cream at the local park. Every day, he needs to decide how many ice cream cones to bring with him. After some calculations, he found that to maximize his daily expected profit, he would need to bring 240 cones with him. This corresponds to a critical ratio of 0.85.

However, Jerry is also mindful that the local community depends on him for refreshments, so he wants to ensure a service level of at least 70%.

How many cones should he bring with him?

a) 240.

b) More than 240

c) Fewer than 240.

d) Cannot be determined.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 14:20
In canada, the reference base period for the cpi is 2002. by 2012, prices had risen by 21.6 percent since the base period. the inflation rate in canada in 2013 was 1.1 percent. calculate the cpi in canada in 2013. hint: use the information that “prices had risen by 21.6 percent since the base period” to find the cpi in 2012. use the inflation rate formula (inflation is the growth rate of the cpi) to find cpi in 2013, knowing the cpi in 2012 and the inflation rate. the cpi in canada in 2013 is round up your answer to the first decimal. 122.9 130.7 119.6 110.5
Answers: 1
question
Business, 22.06.2019 21:10
The blumer company entered into the following transactions during 2012: 1. the company was started with $22,000 of common stock issued to investors for cash. 2. on july 1, the company purchased land that cost $15,500 cash. 3. there were $700 of supplies purchased on account. 4. sales on account amounted to $9,500. 5. cash collections of receivables were $5,500. 6. on october 1, 2012, the company paid $3,600 in advance for a 12-month insurance policy that became effective on october 1. 7. supplies on hand as of december 31, 2010 amounted to $225. the amount of cash flow from investing activities would be:
Answers: 2
question
Business, 22.06.2019 23:10
Which of the following best explains the purpose of a strike? a. to pressure employers to increase the minimum wage. b. to make sure that producers don't make any profit. c. to get employers to submit to collective bargaining. d. to prevent employers from taking industrial action.
Answers: 2
question
Business, 23.06.2019 01:00
Bob, an employee at machina corp., is well known among his colleagues because of his temper and impatience. during a heated argument with one of his supervisors, he reacts with hostility. bob's manager calls him in for a discussion and listens to what he has to say about the incident, while treating him with dignity and respect. this scenario can be best categorized as one that used
Answers: 3
You know the right answer?
Jerry sells ice cream at the local park. Every day, he needs to decide how many ice cream cones to b...
Questions
Questions on the website: 13722361