Production cost is $20 per knit garment and the garments are sold for a wholesale price of $50. Any unsold knit garment at the end of the season is salvaged at $10. Introducing postponement requires flexible machinery and hence, increases the cost to $22. The demand, however, now has one dominant color:
red-color shirts have the mean of 3,100 and the standard deviation of 800.
Other three colors:
mean demand is 300 each, and the standard deviation is 200 for each colored shirt.

Upscale hotels in the united states recently cut their prices by 20 percent in an effort to bolster dwindling occupancy rates among business travelers. a survey performed by a major research organization indicated that businesses are wary of current economic conditions and are now resorting to electronic media, such as the internet and the telephone, to transact business. assume a company's budget permits it to spend $5,000 per month on either business travel or electronic media to transact business. graphically illustrate how a 20 percent decline in the price of business travel would impact this company's budget set if the price of business travel was initially $1,000 per trip and the price of electronic media was $500 per hour. suppose that, after the price of business travel drops, the company issues a report indicating that its marginal rate of substitution between electronic media and business travel is 1. is the company allocating resources efficiently? explain.

What has caroline's payment history been like? support your answer with two examples

Ellen and george work for the same company. ellen, a gen xer, really appreciates the flextime opportunities, while george, a baby boomer, takes advantage of the free computer training offered at the company. these policies are examples of