Monsanto sells genetically modified seed to farmers. it needs to decide how much seed to pit into a warehouse to serve demand for the next growing season. It will make one quantity decision. it costs montanso $8 to make each kilogram of seed. it sells each kg for $45. if it has more seed than demand by the local farmers, the remaining seed is sent overseas. unfortunately, it only earns $3 per kg from the over-seas market. If demand excedes its quantity, then the sales are lost-the farmers go to another suplier. as a forecast for demand it will use a normal distribution with a mean of 300,000 and a standard deviation of 100,000.A. How many kilograms should it place in the warehouse before growing season. B. if it puts 400,000 kg in the warehouse what is their expected revenue(include both domestic revenue and overseas revenue)? c. how many kilograms should it place in the warehouse if it wants to minimize its inventory while ensuring that the stock out probability is no greater than 10 percent?D. what is the maximum profit for this seed?

Suppose your rich uncle gave you $50,000, which you plan to use for graduate school. you will make the investment now, you expect to earn an annual return of 6%, and you will make 4 equal annual withdrawals, beginning 1 year from today. under these conditions, how large would each withdrawal be so there would be no funds remaining in the account after the 4th?

Label each scenario with the term that best describes it. use the midpoint method when applicable. marcel duchamp was a famous artist prior to his death, and was known for his dada artwork, including works such as "soft toilet". all of his original sculptures and paintings go on sale. paul owns a tim horton's, a famous donut and coffee franchise. he is willing to sell as many maple glazed donuts as customers want at a price of $1.00 each, but he refuses to sell any donuts for any price lower than $1.00 . the price of facial tissues rises from $2.85 per box to $3.15 . as a result, p& g increases production from 15 million boxes to 25 million boxes of facial tissue. with the school semester starting for both high school and college, papermate chooses to increase production of pens from 38 million to 42 million after global prices of writing instruments increase from $1.90 a package to $2.10 a package. bright ideas increases its production of lightbulbs by 15% after a 400% increase in the price of fluorescent bulbs.labels: elastic supply; perfectly inelastic supply; perfectly elastic supply; inelastic supply; unit-elastic supply.

Gerda, a real estate agent, is selling a moderately priced house in a subdivision. she knows from her uncle that the factory being built half a mile from the subdivision will be manufacturing dog food, using a process that creates a very strong odor that permeates the surrounding neighborhood. a buyer, who is unaware of the type of factory under construction, makes an offer on one of the houses gerda is selling, and within a short time, the deal goes through. what does this scenario best illustrate?