cathy's customer base is 2/3 residential and 1/3 business . if she has 350 residential customers, how many total customers does
1 answer:
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Answer:
The target inventory position is T= 713.6 gallons.
Explanation:
Given:
Average demand =per day = D = 152 Gallons
Standard deviation of demand = σ = 33 Gallons per day
Lead time for delivery = L = 4 days
Z value for 94.5% service level = 1.6
The target inventory position = (Average demand x Lead time) + Safety stock
= (D × L) + (Z× σ × )
= (152 × 4) + (1.6 × 33 × )
= (152 × 4) + (1.6 × 33 × 2)
= 608 + 105.6
= 713.6
Answer:
interest rate r = 6.78 %
Explanation:
given data
investment = $12,000
interest rate = 3.5 percent = 0.035
time = 5 year
interest rate = 7.9 percent = 0.079
time = next 15 year
to find out
What was your annual rate of return over the entire 20 years
solution
we get here interest rate as
interest rate r = ...................1
here t1 is time period for first 5 year and t2 is time i.e next 15 year and r1 and r2 is rate
now put here value we get
interest rate r =
interest rate r =
interest rate r = 1.0678 - 1
interest rate r = 0.0678
interest rate r = 6.78 %