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never [62]
2 years ago
11

Marvel Woodcraft makes furniture. Marvel’s expected sales are 36,000 bookcases for the quarter. The company begins the quarter w

ith inventory of 7,000 bookcases and wants to have enough finished bookcases on hand at the end of the quarter to provide for 20% of the next quarter’s expected sales of 40,000 bookcases. Based on this information, how many bookcases need to be produced during the quarter?
Business
1 answer:
Anna35 [415]2 years ago
8 0

Answer:

The production requirement for this quarter is 37000 bookcases.

Explanation:

The required closing inventory for this quarter is = 0.2 * 40000  = 8000 bookcases.

The production requirement for this quarter can be calculated by calculating the bookcases that needs to be produced in addition to the opening inventory to meet this quarter's sales and the required closing inventory. Thus, the production for this quarter should be,

Production = Sales requirement for the quarter + Closing Inventory - Opening Inventory

Production = 36000 + 8000 - 7000   =  37000 bookcases

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The participants in a television quiz show are picked from a large pool of applicants with approximately equal numbers of men an
IgorLugansk [536]

Answer:

a) P(X \leq 2)= P(X=0)+P(X=1)+P(X=2)

P(X=0)=(11C0)(0.5)^0 (1-0.5)^{11-0}=0.00049

P(X=1)=(11C0)(0.5)^1 (1-0.5)^{11-1}=0.0054

P(X=2)=(11C0)(0.5)^2 (1-0.5)^{11-2}=0.027

And adding we got:

P(X \leq 2)= 0.033

b) P(X \geq 2)= 1-P(X

And replacing we got:

P(X \geq 2)= =1-[0.00049 +0.0054] = 0.994

c) P(X \leq 1)= 1-P(X

And replacing we got:

P(X \leq 1)=0.00049 +0.0054= 0.0059

Explanation:

Previous concepts

The binomial distribution is a "DISCRETE probability distribution that summarizes the probability that a value will take one of two independent values under a given set of parameters. The assumptions for the binomial distribution are that there is only one outcome for each trial, each trial has the same probability of success, and each trial is mutually exclusive, or independent of each other".

Solution to the problem

Let X the random variable of interest "number of women", on this case we now that:

X \sim Binom(n=11, p=0.5)

The probability mass function for the Binomial distribution is given as:

P(X)=(nCx)(p)^x (1-p)^{n-x}

Where (nCx) means combinatory and it's given by this formula:

nCx=\frac{n!}{(n-x)! x!}

Part a

For this case we want to find this probability:

P(X \leq 2)= P(X=0)+P(X=1)+P(X=2)

P(X=0)=(11C0)(0.5)^0 (1-0.5)^{11-0}=0.00049

P(X=1)=(11C0)(0.5)^1 (1-0.5)^{11-1}=0.0054

P(X=2)=(11C0)(0.5)^2 (1-0.5)^{11-2}=0.027

And adding we got:

P(X \leq 2)= 0.033

Part b

For this case we want this probability:

P(X \geq 2)

And we can use the complement rule and we got:

P(X \geq 2)= 1-P(X

And replacing we got:

P(X \geq 2)= =1-[0.00049 +0.0054] = 0.994

Part c

For this case we want this probability:

P(X \leq 1)

And we can use the complement rule and we got:

P(X \leq 1)= 1-P(X

And replacing we got:

P(X \leq 1)=0.00049 +0.0054= 0.0059

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The answer is b hope this helps 


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On December 1, 2018, your company borrowed $15,000, a portion of which is to be repaid each year on November 30. Specifically, y
tino4ka555 [31]

Answer:

Explanation:

The loan will be reported in the December 31, 2019 and 2018, balance sheets, is shown below:-

                              Balance sheet(Partial)

                                                 As of December 31

                                                      2016        2015

Current liabilities

Current portion of long term debt $3,000   $2,000

Long term liabilities

Long term debt                              $10,000   $13,000

Total liabilities                                $13,000     $15,000

On December 2018 we represent the current liability of $2,000 loan because of year 31 December 2019 within of one year and the left portion of the loan represent as long term liability because it is not within one year from the balance sheet.

On December 2019 Loan remains outstanding $13,000 ($2,000 repaid on November 2019) from this amount, on November 30, $3,000 is due. So, $3,000 should be represented as current liability and the left balance $10,000 represented as long term debt.

8 0
2 years ago
On January 15, 2020, Dolan Corp. adopted a plan to accumulate funds for environmental improvements beginning July 1, 2024, at an
Andreyy89

Answer:

Annual deposit (PMT) = $1,567,060.39

Explanation:

Given:

Future value of annuity due = $8,000,000

Rate of interest(r) = 10% = 0.1

Number of year (n) = 4 year

Annual deposit (PMT) = ?

Computation of annual deposit :

Future\ value\ of\ annuity\ due = PMT [\frac{(1+r)^n-1}{r} ](1+r)\\\\8,000,000 = PMT [\frac{(1+0.1)^4-1}{0.1} ](1+0.1)\\\\8,000,000 = PMT [\frac{(1.1)^4-1}{0.1} ](1.1)\\\\8,000,000 = PMT [\frac{(0.4641}{0.1} ](1.1)\\\\8,000,000 = PMT [5.1051]\\PMT = 1,567,060.39

Annual deposit (PMT) = $1,567,060.39

6 0
2 years ago
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