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Marta_Voda [28]
2 years ago
6

A manufacturer of lawn care equipment has introduced a new product. The anticipated demand is normally distributed with a mean o

f μ = 100 and a standard deviation of σ= 50. Each unit costs $75 to manufacture and the introductory price is to be $125 to achieve this level of sales. Any unsold units at the end of the season are unlikely to be very valuable and will be disposed of in a fire sale for $25 each. It costs $10 to hold a unit in inventory for the entire season.
A.) What is the cost of overstocking (Co)?
B.)What is the cost of understocking (Cu)?
C.)What is the optimal cycle service level?
D.) How many units should be manufactured for sale?
Business
1 answer:
Serjik [45]2 years ago
5 0

Answer:Expected profit = $2657a

Explanation:

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A statistical study is one that _____.
labwork [276]

Answer:

The correct option is (A).

Explanation:

A statistical study is a process of making inferences about the population using the sample data.

In a statistical study the researcher first conducts an experiment and compute certain  sample statistic. Then uses these sample statistics to derive conclusions about the population.

If the sample size is large enough then the sample statistics can be used to estimate the population parameter values.

Or using these sample statistic the researcher can apply a hypothesis test to determine whether the claim made about the population as a whole is true or not.

Thus, the correct option is (A).

8 0
2 years ago
There are three equally-sized distinct subpopulations in Utopolis: unemployed, workers, and retirees. There are four possible so
olganol [36]

Answer:

A) social state A and social state D

B) Social state D

Explanation:

A) The social states that might be chosen by the government are

State A  and State D  : Because it has a reasonable number of active worker that are far greater than the unemployed and Retirees and this means that there is a reasonable amount of income  in the social states and the data from other social states looks quite Fraudulent because there is no way the unemployed = workers and also = Retirees

B) The social state that will most likely be enacted is Social state D and this is due to the High ratio of Active workers compared to the unemployed and retirees

4 0
2 years ago
Here are the comparative income statements of Georgia Development Corporation. GEORGIA DEVELOPMENT CORPORATION Condensed Income
Lena [83]

Answer:

Explanation:

                                                                    Horizontal analysis

                        December31/14   December31/13 Amount Incre.   %incre.

                                                                               over base       over base

Net sales              600000         500000             100000            20.00%

Cost of goods sold414000         350000             64000              18.29%

Gross Profit              186000        150000             36000             24.00%

Operating Expensese 150000        120000            30000          25.00%

Net Income                 36000          30000              6000             20.00%

Looking at the table above you’ll notice that the company is showing a healthy growth in all the figures bott at the top line as well as bottom line. The percentage in gross profit has increased and even higher than the % net sales increase over last year. This clearly reveals that the company has enhanced its economy of scale. But this enhancement has been invalidated by the corresponding increase in the operating expenses %.

Vertical analysis           (having net sales as base)

Net sales                                100%      100%

Cost of goods sold                69.00%   70.00%

Gross Profit                            31.00%    30.00%

Operating Expenses              25.00%    24.00%

Net Income                             6.00%       6.00%

There is not much variation in vertical analysis. The companies performance here is stable as last year.

4 0
2 years ago
Read 2 more answers
Paramount electronics has an annual profit given by p = −100,000 + 5,000q − 0.25q2 dollars, where q is the number of laptop comp
guajiro [1.7K]
<span>P= -1000,000 +5000q - 0.25q2 q= 30n + 0.01n2 n = 20 substituting for q in P P= -100,000 + 5000(30n+0.01n^2) - 0.25(30n+0.01n^2) dp/dn = 5000*30+2*0.01*5000 - 0.25*2(30n+0.001n^2)+30+2*0.01n dp/dn = 0.005n^2 +85.02n+150030 substituting for n=20 and solving dp/dn = 151,732</span>
4 0
2 years ago
Read 2 more answers
Which of the following is NOT one of the pitfalls of pursuing a differentiation strategy? a. Over-emphasizing efforts to strongl
ivolga24 [154]

Answer: Option A

Explanation: In simple words, differentiation strategy refers to the strategy in which a firm tries to develop and introduce a unique product that the customers find different from the other products offered by the competitors.

Thus, the emphasis that the company places on the differentiation works for the  benefit of the company as it gives the company an easy competitive advantage.

Hence the correct option is A.

5 0
2 years ago
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