Question
In: Accounting
Harmons sells an average of 40 tubes of chapstick weekly. The normal price paid by Harmons...
Harmons sells an average of 40 tubes of chapstick weekly. The
normal price paid by Harmons is $1 per tube it costs Harmons $25 to
place an order, and Harmons' annual holding cost rate is 20%.
Answer the following questions: 1. How many tubes of chapstick
should be ordered to minimize combined ordering and holding cost? 2
The supplier is willing to offer a 8% minimize combined ordering,
holding and purchasing cost? discount on orders of at least 800
tubes. How many tubes of chapstick should be order to minimize
combined odering, holding and purchasing
Solutions
ekkarill92 answered 2 years agoRelated Solutions
In 2003, the average weekly earnings of truck drivers was $603 while average weekly earnings of...
In 2003, the average weekly earnings of truck drivers was $603
while average weekly earnings of bank tellers was only $395. How
might market, institutional, and sociological forces, respectively,
be responsible for the higher earnings of truck drivers? 6
MARKS
The following is average weekly per pound price data for apple pears in the US (from...
The following is average weekly per pound price data for apple
pears in the US (from usda.gov) starting May. Your
employer wants you to determine forecasted average weekly price for
all the weeks starting in May.
Week of (2019 Calendar Year)
Actual ($/lb)
Naïve Previous Period ($/lb)
Moving Average ($/lb)
Weighted Moving Average ($/lb)
Exponential Smoothing ($/lb)
May 6
1.72
May 13
2.43
May 20
2.99
May 27
1.72
June 3
1.59
June 10
3.50
June 17
3.50
June 24...
A music store is restocked weekly. The weekly demand for a best-selling CD is normal, with...
A music store is restocked weekly. The weekly demand for a
best-selling CD is normal, with mean of 200 and standard deviation
of 50. These CDs cost $8.00 per piece, and the store earns $4.50
per CD sold. Excess demand is lost (salvage value is $0); Customers
go to a competitor's store rather than wait for resupply.
Suppose that exactly 10% of the start-of-week inventory of this
CD disappears from the store without being sold; this is
euphemistically known as...
Holtzman Clothiers's stock currently sells for $40 a share. Itjust paid a dividend of $3.5...
Holtzman Clothiers's stock currently sells for $40 a share. It
just paid a dividend of $3.5 a share (i.e., D0 = $3.5). The
dividend is expected to grow at a constant rate of 4% a year.a. What stock price is expected 1 year from now?b. What is the required rate of return?
Holtzman Clothiers's stock currently sells for $40 a share. It just paid a dividend of $3.5...
Holtzman Clothiers's stock currently sells for $40 a share. It
just paid a dividend of $3.5 a share (i.e., D0 = $3.5). The
dividend is expected to grow at a constant rate of 4% a year.
a. What stock price is expected 1 year from now?
b. What is the required rate of return?
Store B orders on a weekly basis. Its weekly demand is 40 unitswith a standard...
Store B orders on a weekly basis. Its weekly demand is 40 units
with a standard deviation of 10 units. The holding cost is $10 per
unit per week and a 0.99 in-stock probability is desired. What is
Store B’s weekly inventory holding cost per unit if lead time is
two weeks?A. $32.09B. $30.09C. $24.09D. $25.09
A company manufactures and sells x cellphones per week. The weekly price-demand and cost equations are...
A company manufactures and sells x cellphones per week. The
weekly price-demand and cost equations are given below.
p=400-.05x and C(x)=20,000 + 135x
A) What price should the company charge for the phones, and how
many phones should be produced to maximize the weekly revenue?
What is the maximum weekly revenue? The company should produce ?
phones each week at a price of $ ?. (Round to the nearest cent
as needed.) The maximum weekly revenue is $ ? (Round...
A company manufactures and sells x cellphones per week. The weekly price-demand and cost equations are...
A company manufactures and sells x cellphones per week. The
weekly price-demand and cost equations are given below.
p = 500-0.5x and C(x)=15,000+135x
What price should the company charge for the phones, and how
many phones should be produced to maximize the weekly revenue?
What is the maximum weekly revenue?
(B) What price should the company charge for the phones, and
how many phones should be produced to maximize the weekly profit?
What is the maximum weekly profit?
The average selling price of a smartphone purchased by a random sample of 40 customers was...
The average selling price of a smartphone purchased by a random
sample of 40 customers was $308. Assume the population standard
deviation was $30. Using a 95% confidence interval to estimate the
average selling price in the population ranges from $298.70 to
$313.70.
Question 3 options:
True
False
The Nero Match Company sells matchboxes that are said to contain an average of 40 matches...
The Nero Match Company sells matchboxes that are said to contain
an average of 40 matches per box with a standard deviation of 9
matches. A random sample of 94 Nero matchboxes shows the average
number per box to be 41.8 Using a 1% level of significance, can
you say that the average number of matches per box is more than
40?
1) What type of hypothesis test is this?
2) State the hypotheses.
3) Calculate the value of the...
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