Metro Department Store found that t weeks after the end of a sales promotion the volume...

Metro Department Store found that t weeks after the end of a sales promotion the volume of sales was given by S(t) = B + Ae−kt (0 ≤ t ≤ 4) where B = 44,000 and is equal to the average weekly volume of sales before the promotion. The sales volumes at the end of the first and third weeks were $80,930 and $60,990, respectively. Assume that the sales volume is decreasing exponentially. (a) Find the decay constant k. (Round your answer to five decimal places.) k = (b) Find the sales volume at the end of the fourth week. (Round your answer to the nearest whole number.) $

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Colby Messinger answered 10 hours ago

Harrods is a high-end department store chain in London. House of Fraser is high-end department store...

Harrods is a high-end department store chain in London. House of Fraser is high-end department store in Edinburgh, Scotland. Consider the following data for these two companies (Millions of £). Current Liabilities in 2015 Current Liabilities in 2016 Cash from Operations 2016 Expenditures on PPE 2016 Harrods 1293.7 1703.7 316.2 42.8 House of Fraser 357.5 354.0 17.2 18.1 Compute the operating cash flow to current liabilities ratio for both firms Compute the free cash flow for both firms. Compute Operating...

Chic Sales is a high-end consignment store with several locations in the metro area. The company noticed a decrease in sales over the last fiscal year.

WHICH STORE SHOULD BE CLOSED AND WHY? Simple Regression Models Case Study: Mystery Shoppers Chic Sales is a high-end consignment store with several locations in the metro area. The company noticed a decrease in sales over the last fiscal year. Research indicated customer satisfaction had decreased and the owner, Pat Turner, decided to create a mystery shopper program. The mystery shopper program lasted over a 6-month period, employing several loyal and new customers assigned to each location. Surveys were on...

A shelf in the Metro Department Store contains 95 colored ink cartridges for a popular ink-jet...

A shelf in the Metro Department Store contains 95 colored ink cartridges for a popular ink-jet printer. six of the cartridges are defective. (a) If a customer selects 2 cartridges at random from the shelf, what is the probability that they are all defective? (Round your answer to five decimal places.) (b) If a customer selects 2 cartridges at random from the shelf, what is the probability that at least 1 is defective? (Round your answer to three decimal places.)

The credit department of Lion’s Department Store in Anaheim, California, reported that 28% of their sales...

The credit department of Lion’s Department Store in Anaheim, California, reported that 28% of their sales are cash, 24% are paid with a credit card, and 48% with a debit card. Twenty percent of the cash purchases, 86% of the credit card purchases, and 58% of the debit card purchases are for more than $50. Ms. Tina Stevens just purchased a new dress that cost $120. What is the probability that she paid cash? (Round your answer to 3 decimal...

The credit department of Lion’s Department Store in Anaheim, California, reported that 24% of their sales...

The credit department of Lion’s Department Store in Anaheim, California, reported that 24% of their sales are cash, 27% are paid with a credit card, and 49% with a debit card. Twenty percent of the cash purchases, 86% of the credit card purchases, and 51% of the debit card purchases are for more than $50. Ms. Tina Stevens just purchased a new dress that cost $120. What is the probability that she paid cash? (Round your answer to 3 decimal...

The analysis of sales receipts at Jones Department Store shows the dollar value of sales are...

The analysis of sales receipts at Jones Department Store shows the dollar value of sales are normally distributed with a mean of $200 and a standard deviation of $30. Find the probability that the dollar value of sales will be between $180 and $205. Find the probability that the dollar value of sales will be less than $170. Jones Department Store wants to give a discount to shoppers who purchase a large dollar volume. What dollar volume should be established,...

A large department store is curious about what sections of the store make the most sales....

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The Marketing Department of JustLee Books is preparing for its annual sales promotion. Each customer who...

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Louise applies for a sales position at Moriarty department store and is not hired. She is...

Louise applies for a sales position at Moriarty department store and is not hired. She is a minority and all 75 employees at Moriarty department stores are white. The customers are mostly white. However, all three department stores are located in neighborhoods that are 50% minority. A few months later, Louise goes to another Moriarty store and notices that all of the staff members are white. Louise decides to check the third store and notices the same thing, Louise files...

A department store wanted to see if the distribution of t-shirt sizes sold followed the proportions:...

A department store wanted to see if the distribution of t-shirt sizes sold followed the proportions: 14% Small, 22% Medium, 38% Large, and 26% Extra Large. A record of the sales of t-shirts is shown in the given table. At the 0.025 level of significance, can it be concluded that the percentages are equal to those stated? Show your work to receive credit. Small Medium Large Extra Large 28 32 53 47

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