Business, 01.11.2019 06:31 msmojangles
University of florida football programs are printed 1 week prior to each home game. attendance averages 60,000 screaming and loyal gators fans, of whom two-thirds usually buy the program, following a normal distribution, for $4 each. unsold programs are sent to a recycling center that pays only 10 cents per program. the standard deviation is 5,000 programs, and the cost to print each program is $2. refer to the standard normal table for z values.
(a) what is the cost of underestimating demand for each program?
(b) what is the overage cost per program?
(c) how many programs should be ordered per game?
(d) what is the stockout risk for this order size?
Answers: 3
Another question on Business
Business, 21.06.2019 16:00
Danny "dimes" donahue is a neighborhood's 9-year-old entrepreneur. his most recent venture is selling homemade brownies that he bakes himself. at a price of $2 each, he sells 100. at a price of $1.5 each, he sells 300. instructions: round your answer to 1 decimal place. a. what is the elasticity of demand? 3.50 รขยฑ 0.1 . b. is demand elastic or inelastic over this price range? . c. if demand had the same elasticity for a price decline from $1.5 to $1 as it does for the decline from $2 to $1.5, would cutting the price from $1.5 to $1 increase or decrease danny's total revenue? .
Answers: 1
Business, 21.06.2019 16:10
Martinez manufacturing applies overhead based on direct labor hours. the company estimates that their overhead for the year will be $180,000, and that they will use 72,000 direct labor hours. during the year, martinez manufacturing actually used 75,000 direct labor hours and actual overhead costs were $190,000. at the end of the year, manufacturing overhead was: overapplied by $2,500. overapplied by $10,000. underapplied by $2,500. underapplied by $10,000.
Answers: 2
Business, 22.06.2019 05:00
Ajewelry direct sales company pays its consultants based on recruiting new members. question 1 options: the company is running a pyramid scheme, which is illegal. the company is running a pyramid scheme, which is legal. the company has implemented a legal and ethical plan for growth. the company uses this method of compensation to reduce the fee for the product sample kit.
Answers: 3
Business, 22.06.2019 11:40
Vendors provide restaurants with what? o a. cooked items ob. raw materials oc. furniture od. menu recipes
Answers: 1
You know the right answer?
University of florida football programs are printed 1 week prior to each home game. attendance avera...
Questions
Mathematics, 27.06.2020 05:01
Mathematics, 27.06.2020 05:01
Mathematics, 27.06.2020 05:01
Computers and Technology, 27.06.2020 05:01
