Petromax Enterprises uses a continuous review inventory control system for one of its SKUs. The following information is available on the item. The firm operates 50 weeks in a year.

Demand= 50,000 units/year
Ordering cost= $35/order
Holding cost = $2/unit/year
Average lead time= 3 weeks
Standard deviation of weekly demand= 125 units

a. What is the economic order quantity for this item?
b. If Petromax wants to provide a 90 percent cycle-service level, what should be the safety stock and the reorder point?

Consider the following two stocks, a and b. stock a has an expected return of 10%, 10% standard deviation, and a beta of 1.20. stock b has an expected return of 14%, 25% standard deviation, and a beta of 1.80. the expected market rate of return is 9% and the risk-free rate is 5%. security would be considered a good buy if we include the stock in a well diversified a portfolio because a. b, it offers better alpha b. a, it offers better alpha c. a, it offers better sharpe ratio d. b, it offers better sharpe ratio

Identify at least 3 body language messages that project a positive attitude

If a price increase from $5 to $7 causes quantity demanded to fall from 150 to 100 and vice-versa, what is the absolute value of the own price elasticity at a price of $7? note that the question is about the price point of $7, and not $5.