Highland Drugs, Inc. sells a variety of health and beauty aids. A particular shampoo costs Highland $2.75 per bottle. Using a continuous review system, an order quantity of 350 bottles per order is recommended. The store operates 52 weeks per year. Lead time is two weeks and the demand for the product per week can be estimated as normally distributed with a demand of 62 bottles and a standard deviation of 6 bottles. a) What is the reorder point if the company wants to have a 1% risk of stock out? b) How much safety stock does the company hold? c) What is the standard deviation of demand during lead time (sigma_dlt)? d) If the company holds 10 bottles of safety stock, what service level policy would the company be using (e. g. enter 98.2% as 98.2)?

Complete the sentences. upper a decrease in current income taxes the supply of loanable funds today because it a. decreases; increases disposable income, which decreases saving b. has no effect on; doesn't change expected future disposable income c. decreases; decreases expected future disposable income d. increases; increases disposable income, which encourages greater saving upper a decrease in expected future income a. increases the supply of loanable funds today because households with smaller expected future income will save more today b. has no effect on the supply of loanable funds c. decreases the supply of loanable funds because it decreases wealth d. decreases the supply of loanable funds today because households with smaller expected future income will save less today

Read the following paragraph, and choose the best revision for one of its sentences.dr. blake is retiring at the end of the month. there will be an unoccupied office upon his departure, and it is big in size. because every other office is occupied, we should convert dr. blake’s office into a lounge. it is absolutely essential that this issue is discussed at the next staff meeting. (a) because every other office is occupied, it’s recommended that we should convert dr. blake’s office into a lounge. (b) because every other office is filled, we should convert dr. blake’s office into a lounge.

Spartan credit bank is offering 7.5 percent compounded daily on its savings accounts. you deposit $5,900 today. a. how much will you have in the account in 4 years? (use 365 days a year. do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. how much will you have in the account in 12 years? (use 365 days a year. do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. how much will you have in the account in 19 years?