demand for cars is normally distributed with a mean of 2,700 and a standard deviation of 640. the order quantity is 2,625 units.

Answers

Answer 1

Based on the given information, we know that the demand for cars is normally distributed with a mean of 2,700 and a standard deviation of 640 and that the order quantity is 2,625 units.

To determine if the order quantity of 2,625 units is enough to meet demand, we need to calculate the z-score for this value.

The formula for calculating the z-score is:

z = (x - μ) / σ

where x is the value we want to find the z-score for, μ is the mean, and σ is the standard deviation.

Plugging in the values we have:

z = (2,625 - 2,700) / 640 = -0.117

This means that the order quantity is 0.117 standard deviations below the mean.

To find the probability of demand exceeding the order quantity, we need to find the area under the normal curve to the right of the z-score. We can use a standard normal table or a calculator to find this value.

Using a calculator, we can use the following formula:

P(Z > z) = 1 - P(Z < z)

where Z is a standard normal variable.

Plugging in the values we have:

P(Z > -0.117) = 1 - P(Z < -0.117) = 1 - 0.4535 = 0.5465

This means that there is a 54.65% probability that demand will exceed the order quantity.

In conclusion, while the order quantity of 2,625 units may be close to the mean demand of 2,700 units, there is still a relatively high probability that demand will exceed this quantity. It may be worth considering ordering a larger quantity to ensure sufficient supply.

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Related Questions

difference between moa and aoa?​

Answers

Answer:

AOA is a set of rule and regulations to govern the company's working. 2. MOA defines objectives, powers and constraints of the organization as a whole. AOA describe powers, duties, rights and liabilities of individuals associated with the organization (like members of the Board of Directors).

Explanation:

i hope i helped <3

Matt works part-time and is paid $6.75 per hour. Determine Matt's gross pay (hours worked x hourly rate of pay) for last week when he worked 20.25 hours. Round your answer to the hundredths place.

Answers

Answer:

Matt's gross pay (hours worked x hourly rate of pay) for last week when he worked 20.25 hours is equal to $136.69

Explanation:

Per hour amount paid to Matt = $6.75

Total number of hours worked by Matt = 20.25

To find Gross pay, multiply hours worked and hourly rate of pay.

Therefore,

Matt's gross pay (hours worked × hourly rate of pay) for last week when he worked 20.25 hours [tex]=20.25(6.75)=\$136.6875[/tex] ≈ $136.69

Whether a purely competitive industry is a constant-cost industry or an increasing-cost industry, the final long-run equilibrium position of all competitive firms share which of the following characteristics

Answers

The correct answer is: In the long run, a multiple equality occurs where price is equal to marginal cost which is equal to minimum average total cost.

What does the long-run equilibrium position look like in a purely competitive market?

It occurs when companies are reaching zero economic profit and when there is no insertion of new companies in the sector. This occurs when, in the long run, companies produce at the minimum point of their average cost curve.

Therefore, in a long-term equilibrium situation in a competitive sector, production is adjusted to the minimum point of its average cost curve, where companies obtain only normal profits and not impacted by changes in demand, for example.

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What careers are in the Information Support and Services career pathway of the IT career cluster? (15 points for you)

Question 1 options:

graphic artists, painters, artists


broadcasters, journalists, writers


help desk specialists, PC support specialists

Answers

I think it’s “help desk specialists, PC support specialists”

In the graph above, the point E represents values which are __________ with current resource use and current technology.

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In the graph above, the point E represents values which are unattainable with current resource use and current technology.

What point is the unattainable point in the PPC?

PPC refers to production possibility curve, This is a curve that shows the relationship between available resources to what can be attained.

The points outside the curve implies that the producer cannot achieve what they want given the available resources in the economy, however if the points are within the curve the available resources can meet with the intended production

Point E is a is a point that is beyond the graph, that is outside the graph. The resources available cannot attain production.

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Complete question

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When a company targets several different market segments and creates a different marketing mix for each segment, they are using _______.

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When a company targets several different market segments and creates a different marketing mix for each segment, they are using "multi-segment targeting".

What is multi-segment targeting?

A marketing tactic known as "multiple-segment specialisation" separates your target market into many groups made up of customers with comparable lifestyles and purchasing habits.

As a result, you might design advertisements that are specifically tailored to each demographic.

The multi segment target strategy is-

The company targets multiple market groups at once using a multi-segment targeting strategy, often known as a "differentiated marketing strategy," offering each segment unique advantages, a unique marketing mix, and unique marketing methods.Marketers frequently decide to concentrate on particular needs, such as convenience, affordability, quality, or individualized service. When businesses create a product that will be marketed to more than one sector, it is made to address a need that is present across all intended audiences.Some businesses will make rival items with various perceived benefits in order to develop a multi-segment targeting approach.

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_______ is a hybrid ADR in which both parties first submit to mediation for a set period of time (perhaps two business days). If the mediation fails, the process then moves to binding arbitration.

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Discovery, Exculpatory

is a hybrid ADR in which both parties first submit to mediation for a set period of time (perhaps two business days). If the mediation fails, the process then moves to binding arbitration.

What is Hybrid ADR ?

A hybrid dispute resolution process combines two or more traditional dispute resolution processes into one.

The most common hybrid process is med-arb in which the same individual or dispute resolution forum acts first as a mediator and then if necessary, as an arbitrator.

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Sandia Inc. Wants to acquire a $360,000 computer-controlled printing press. If owned, the press would be depreciated on a straight-line basis over 10 years to a book salvage value of $0. The actual cash salvage value is expected to be $25,000 at the end of 10 years. If purchased, Sandia will incur annual maintenance expenses of $3,000. These expenses would not be incurred if the press is leased. If the press is purchased, Sandia could borrow the needed funds at an annual pre-tax interest rate of 10%. The lease rate would be $48,000 per year, payable at the beginning of each year. If Sandia has an after-tax cost of capital of 12% and a marginal tax rate of 40%, what is the net advantage to leasing? a.$65,543 b.$57,173 c.$37,737 d.$60,713

Answers

Answer:

c.$37,737

Explanation:

Present value of Cost of Buying = The Cost of Press + [(Post Tax annual maintenance expenses - Annual Depreciation Tax shield)*PVIFA (6%,10)] - [Post tax Salvage Value*PVIF (12%,10)]

PV of Cost of Buying = 360000 + (3000*(1-40%)-360000/10*40%)*7.360 - 25000*(1-40%) * 0.322

PV of Cost of Buying = $262,434

Present value of Cost of Leasing = Post tax Lease Payment at the Beginning *(1+PVIFA(6%,9))

PV of Cost of Leasing = $48000*(1-40%)*(1+6.802)

PV of Cost of Leasing = $224,697

Net advantage to leasing = PV of Cost of Buying - PV of Cost of Leasing

Net advantage to leasing = $262,434 - $224,697

Net advantage to leasing = $37,737

What jobs should require personality tests prior to hiring a candidate?

Answers

The first thing you need to understand is that personality test results alone cannot be used to hire employees. First, candidates must be assessed for cognitive ability.

Cognitive ability alone predicts more than 60% of the variation in job performance. Of all personality traits, none predict performance variability greater than 5%. Use the validity studies conducted on personality tests as a guide. Before deciding which roles require character assessment, determine which roles may suffer significantly when hiring someone with character flaws. Personality tests are very useful when used properly.

Personality tests are very dangerous in recruitment as almost all are of some degree of dubious validity and can lead to lawsuits and discrimination complaints. However, we assume that there are methods for assessing personality suitability for different types of jobs and that tests, combinations of tests, etc., can be developed to assess personality in combination with structured interviews and other assessment tools. increase.

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Answer:

what do you need help with?? we dont see anything

Explanation:

Answer:

?

Explanation:

Drag the tiles to the correct boxes to complete the pairs.
Match the different types of incomes to their sources.

Answers

Answer:

interest = the amount earned on bonds or savings accounts

capital gains = the profit earned from selling a financial asset

dividend = the amount of money paid to share holders of a company

Explanation:

A capital gain is a financial term that is most often captured on tax returns when money is made above the face value or declared value of an asset or property that is sold.

When an individual 'purchases' a bond or places money into a savings account, that money is held in an "interest" baring account or grows over time. Savings account: A percentage is paid for holding those funds in a savings account based on the amount held. The financial institution where the funds are held, pays the owner a fee for use of said money that it is held. Those funds are called "interest" and are collected by the owner of those funds. A bond is typically purchased at a reduced face value amount. If the bond is held for a stated amount of time, the bond value reaches maturity after that time. Those gains are called interest and are typically captured on a 1099i form for tax purposes.

A dividend is a profit paid to a stockholder or investor of a company/business entity. Typically those funds are paid when a threshold of profits are reached by that company/business entity. Typically a dividend is captured on a 1099d form for tax purposes.

Answer:

interest = the amount earned on bonds or savings accounts

capital gains = the profit earned from selling a financial asset

dividend = the amount of money paid to share holders of a company

Explanation:A capital gain is a financial term that is most often captured on tax returns when money is made above the face value or declared value of an asset or property that is sold.

When an individual 'purchases' a bond or places money into a savings account, that money is held in an "interest" baring account or grows over time. Savings account: A percentage is paid for holding those funds in a savings account based on the amount held. The financial institution where the funds are held, pays the owner a fee for use of said money that it is held. Those funds are called "interest" and are collected by the owner of those funds. A bond is typically purchased at a reduced face value amount. If the bond is held for a stated amount of time, the bond value reaches maturity after that time. Those gains are called interest and are typically captured on a 1099i form for tax purposes.

A dividend is a profit paid to a stockholder or investor of a company/business entity. Typically those funds are paid when a threshold of profits are reached by that company/business entity. Typically a dividend is captured on a 1099d form for tax purposes.

what is the differences and similarities between rental goods services and non goods services

Answers

Answer and Explanation:

Rented-Goods Services are represented by retailom where consumers can own a good, or use a service for a specified time. As an example of this, we can mention hotel rooms, ski clothes, cars, houses, among others.

Nongoods Services are also represented by retail, but it presents personal services, where consumers can try them, judge them and then decide if they want to own them.

Determining Liquid Assets and Current Liabilities. Based on these items, what is the total of the (a) liquid assets and (b) current liabilities?

Checking account balance $860

Retirement account balance $57,000

Credit card balance $117

Coin collection $450

Savings account balance $2,675

Current student loan payment due $220

Investment account balance $8,000

Mortgage $178,000

Answers

1. A
2. A
3. B
4. A
5. A
6. B
7. A
8. B
24,944 answers
(a) Liquid assets = Checking account balance + Savings account balance = $860 + $2,675 = $3,535

(b) Current liabilities = Credit card balance + Current student loan payment due = $117 + $220 = $337

A self-employed psychologist treats clients in an office in his own house. What must the psychologist do with his house in order to best serve clients?

build extra rooms for client treatment
keep the house clean and private
buy snack foods for the kitchen
have a large television

Answers

Answer:

keep the house clean and private.

Explanation:

I know someone who does exactly this. Also, by keeping certain parts of the house either exclusively or predominantly for business, he can write that square footage off in taxes.

Answer:

Its B

Explanation:



When your tire blows out in the middle of a drive, you should

Answers

You should tap the breaks repeatedly and pull over

get out of the car and change it

Evanston Co. owned 60% of Montgomery Corp. Montgomery owned 75% of Noir Inc., and Noir owned 15% of Montgomery. This pattern of ownership would be called...

Answers

Evanston Co. owned 60% of Montgomery Corp. Montgomery owned 75% of Noir Inc., and Noir owned 15% of Montgomery. This pattern of ownership would be called Mutual Ownership. This type of ownership is also know as Reciprocal Ownership.

A reservation can be made by an owner in a rentable unit other than his own is Mutual owners or Reciprocal Owners capability. In this scenario, the owner of the unit he is living in receives any income generated from his own apartment during the time he is occupying another owner's property.

Not all businesses should use mutual ownership arrangements. Mutual models can, however, undoubtedly serve as the foundation for successful, high-performing companies and provide real competitive advantage. For instance, evidence suggests that collective ownership may help to guarantee that choices are made with the long-term viability of the company in mind. Mutual ownership structures and social enterprises provide a mechanism for communities to more evenly distribute the money that businesses generate in the neighborhood, as well as a way for communities to collaborate to address problems.

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Tend to add value that is greater than the cost to incorporate them into the supply chain.

Answers

Utility is the 4 P's of the marketing mix's representation of the distribution function. They frequently provide value above the price of integrating them into the supply chain. Wholesalers are privately held businesses that own the products they handle. When consumers determine the worth of a product, they consider the advantages before deducting the disadvantages to determine whether the advantages outweigh the disadvantages.

Everything that shoppers consider before making a purchasing decision is referred to as a value package. Value of a product or service and the quality of the service experience. Social value, personal value, and psychological value are some additional benefits that customers may receive.

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Why would My future job be a flight attendant

Answers

Answer:

if you like to travel and be on planes and get that bag then be a flight attendant :) do what you want to!

Explanation:

The markets for prostitution in Nevada and New Jersey have two important differences: 1) prostitutes in New Jersey face higher costs because of government efforts to prosecute them and 2) customers in New Jersey face higher risks of contracting diseases from prostitutes because the illegal nature of the business makes reliable information about product quality much more costly to obtain. Given these facts, which state would you expect the price of prostitution services to be higher? Why? Which state would have the higher amount of services consumed (adjusted for population differences)? Why? What are the underlying economic issues of this market?

Answers

Answer:

Given these facts, which state would you expect the price of prostitution services to be higher? Why?

Since the risks associated to prostitution are higher in New Jersey, we could assume that the price for these services will be higher there. The supply curve of prostitution shift to the left, increasing the price and decreasing the quantity.

Which state would have the higher amount of services consumed (adjusted for population differences)? Why? What are the underlying economic issues of this market?

Since the price is higher in New Jersey, the quantity demanded will be lower. Also, the risks associated to consuming the service will shift the demand curve to the left, reducing the quantity.

In the market for cell phones, if the supply of cell phones increases what will happen to the price and quantity of cell phones?.

Answers

If the supply of cell phones increases, the price of cell phones will reduce and the quantity of cell phones would increase.

What is the impact of an increase in the price of cell phones?

When the market of a good is in equilibrium and the supply for a good increases, the supply curve would shift to the right while the demand curve remains unchanged.

At the new equilibrium of the supply curve and the demand curve, price would be lower and quantity would be higher.

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List the type of banking service each consumer would be most likely to use. Explain your answer.

a. A person planning to open a fitness center
b. A musical group
c. wealthy senior citizen
d. A buyer of a van
e. A high school recycling club

Answers

Think the answer is c but I’m not sure if it’s correct
Wealthy senior citizen

The risk-reward relationship says:

Answers

im not understanding this question.. can you reword it?

Por que se dice que emprender suele ser una decisión muy difícil quien la toma sabe que esta renunciando a la estabilidad que otorga un salario

Answers

Answer:

porque se dice que quiero tomar el siguiente

If LLC members have engaged in fraud or other bad conduct, a court may rely on ______ as the rationale to require members to compensate damaged parties.

Answers

the answer would be LLC membership engaging in bad fraud charges

All of these statements apply to effective decision makers except:

A. They take risks based on intuition and gut feelings
B. They are flexible and resourceful
C. They rely on personal ‘scripts’ that help them manage how to act and react
D. They recognize that the same solution may not apply to similar situations

Answers

Except for A because that’s just what makes sense

Using money as a medium of exchange is more efficient than barter because?

Answers

Explanation:

People are less likely to be cheated since the the object and money are often the same value, but with barter trade,an apple which may cost 5 dollars may be traded for a bag of rice which may cost 30 dollars

Firms operating in the same market, offering similar products, and targeting similar customers are: a. allies. b. competitors. c. multimarket competitors. d. market commonality.

Answers

Firms operating in the same market, offering similar products, and targeting similar customers are competitors.

What are the positives of competition?

Businesses will be more motivated to reduce costs, enhance the quality of their goods and services, and give customers more options when a market is competitive. In other words, companies will need to innovate to differentiate their products from the competition.

why is competition bad for the economy?

Competition reduces your market share and clientele, especially if there is initially little demand for your goods or services. Your return on each product you make and sell may be reduced if a competitive market forces you to cut your prices to remain competitive.

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Bond P is a premium bond with a 10 percent coupon. Bond D is a 5 percent coupon bond currently selling at a discount. Both bonds make annual payments, have a YTM of 7 percent, and have five years to maturity. What is the current yield for Bond P and Bond D

Answers

Let Bond par value be 1000

Bond P:

Coupon rate=10%

YTM=7%

time=9 years

Calculation of current price:

Particulars Year Amount PV Factor  YTM=7% Present value

Ineterest 1-9 years 100 6.515232 651.52

Value 9 1000 0.543934 543.93

       1195.45

Current price =1195.45

Current yield=Annual interest based on coupon rate*100/current price

The current yield of Bond P=100*100/1195.45=8.37%

Bond D:

Coupon rate=5%

YTM=7%

time=9 years

Calculation of current price:

Particulars Year Amount PV Factor  YTM=7% Present value

Interest 1-9 years 50 6.515232 325.76

Value 9 1000 0.543934 543.93

       869.69

Current price =869.69

Current yield=Annual interest based on coupon rate*100/current price

The current yield of Bond D=50*100/869.69=5.75%

Capital gains yield

current price bond P=1195.45

Next year's price bond P=100°5.971299+1000*0.582009=1179.14

The capital gain yield on bond P=(next year price-current price)/current price

                                       =(1179.14-1195.45)/1195.45

                                       =-1.36%

current price bond D=869.69

Next year's price bond D=505.971299+1000*0.582009=880.57

The capital gain yield on bond D=(next year price-current price)/current price

                                       =(880.57-869.69)/869.69

                                       =1.25%.

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write a real life experience that illustrates the process of recruiting, selecting, and training employees.​

Answers

I am not sure I’m sorry

Answer:

Being an astronaut

Explanation:

​Lilliput's aggregate income in 2015 was ​$48,002,000,500. Suppose the population of Lilliput was 20,100,500 in 2015​, of which 16,086,000 people were employed. ​Therefore, Lilliput's income per capita in 2015 was ​$nothing. ​(Round your answer to two decimal places.​) Suppose the aggregate income of Lilliput was ​$6.5 billion in​ Q1:2016, ​$5.2 billion in​ Q2:2016, ​$5.4 billion in​ Q3:2016, and ​$5.9 billion in​ Q4:2016. Lilliput ▼ suffered didn't suffer from a recession in 2016. ​Lilliput's yearly unemployment rate for 2016 is likely to be ▼ greater thangreater than not significantly different fromnot significantly different from lesser thanlesser than the previous​ year's value.

Answers

Answer: See explanation

Explanation:

1. Lilliput's income per capita in 2015 will be calculated as:

= Income / Population

= $48,002,000,500 / 20,100,500

= $2388

2. Suppose the aggregate income of Lilliput was ​$6.5 billion in​ Q1:2016, ​$5.2 billion in​ Q2:2016, ​$5.4 billion in​ Q3:2016, and ​$5.9 billion in​ Q4:2016. We can say that Lilliput (suffered) from a recession in 2016. This is because there was a fall in the aggregate income from the first quarter which was $6.5 billion to $5.4 billion in the second quarter

3. Lilliput's yearly unemployment rate for 2016 is likely to be (greater than) the previous​ year's value.

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Don't forget to// copy str using strdup().//// Note that you will need to assign to *proot the _address_ of the// array element you are allocating, and fill in that element. You// should NEVER return or store the address of a local variable!} else {int cmp = strcmp(str, (*proot)->string);if (cmp == 0) {// Insert code here to increment to count of the bst_node that root// points to (root is what proot points to!). One line of code will// suffice.} else if (cmp < 0) {// Insert code here to call bst_add on the 'left' field of the// bst_node that root points to. (Recall, root is what proot// points to!) To do this, you need need to get the _address_// of the 'left' field of the struct. Again, one line of code// will suffice.} else {// Insert code here to call bst_add on the 'right' field of the// bst_node that root points to, analogously to the previous case.}}}void bst_print(struct bst_node *root) {// Fill this function in.// Here the argument is just a pointer to a bst_node. 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A)behavioral B)psychoanalytic C)cognitive D)humanistic. the modal analysis for multi-degree of freedom systems is useful to make a physical interpretation in the modal space. n a main sequence star, gravitational collapse is balanced by look around you, find an appliance, and look for its power rating. what is the power in watts? what current does this appliance "draw" if the voltage applied to it is 120V? A thermistor is a thermal sensor made of sintered semiconductor material that shows a large change in resistance for a small temperature change. Suppose one thermistor has a calibration curve given by R(T) = 0.5e-inTg2 where T is absolute temperature. What is the static sensitivity [/] at (i) 283K, (ii) 350K? 10T suppose a banking system with the following balance sheet has no excess reserves. what is the reserve requirement ratio?