Demand for walnut fudge ice cream at the Sweet Cream Dairy can be approximated by a normal distribution with a mean of 23 gallons per week and a standard deviation of 3.5 gallons per week. The new manager desires a service level of 90 percent. Lead time is 4 days, and the dairy is open seven days a week. (Hint: Work in terms of weeks.) For this problem, we consider both continuous inventory system and periodic inventory system. If we use periodic inventory system, the time from delivery of an order until next review is 10 days (Note: this is reported in days). What is the corresponding z-value for the desired service level

d. automatic stabilizers.

explanation:

the answer is "b.the increased supply will create a surplus. "

the essential thought behind price controls is straightforward - utilize the power of law to modify the equilibrium of a market. for instance, the legislature may choose that the steel business needs to survive, and in this way pass a law to set a value floor on steel. this implies all steel sold must offer at or over the floor value, which must be set over the equilibrium cost for it to have any impact. the switch could likewise happen - the administration can choose that steel is excessively costly and set a value roof underneath its equilibrium value, with the goal that all steel must be sold at or beneath that ceiling.