Jane distributes mugs from a supplier in Ireland. The average demand for a popular mug is 400 a day. It costs $26 to place an order each time and there is an average 12 day lead-time. The holding cost for a mug is 24% of the items cost of $18 and the company likes to maintain a 91% service level. Sigma is 540 mugs. Jane keeps her store open 210 days a year. If Jane ordered the most economical quantity possible, what will her total annual costs be

Match each feature with the savings account type

Jennifer purchased a house in a brand new development in the outskirts of town. when her house was built, the nearest fire department was nearly 20 miles away. as her neighborhood developed, the density of the community called for a new fire department 1.5 miles away. what effect will the new fire station have on her homeowners insurance premium? a. a new fire department will be more demanding on local taxes. her annual premium will go up. b. the location of a fire department has no bearing on the value of her house. her annual premium will stay the same. c. the new fire department will reduce the risk of financial loss in her home. her annual premium should decrease. d. with a fire department so close (less than 5 miles), financial risk on jennifer’s home practically disappears. she will not need to pay insurance anymore.

At a small store, a customer enters the front door on average every 8 minutes. a prior study indicated that the time between customers entering the front door during weekdays follows an exponential distribution. what is the probability that the time between customers entering the store on a weekday will be less than or equal to 7? select one: a. 62 b. 43 c. 1/8 d. 7/8 e. 58