Question
In: Statistics and Probability
An e-retailing company assigns an ID to online orders received. Order ID starts with 3-digit number,...
An e-retailing company assigns an ID to online orders received. Order ID starts with 3-digit number, followed by four letters of alphabet.
a) How many unique order IDs could be generated?
b) What is the probability that first order is assigned an ID where sum of 3 digits equals 4? For instance, consider order ID “123 ABCD” with sum of three digits equals 1+2+3 = 6.
Solutions
orchestra answered 1 year agoRelated Solutions
Maram Manufacturing Company received orders: 1; 2; 3. Orders: 2 and order 3 completed. Order 2...
Maram Manufacturing Company received orders: 1; 2; 3. Orders: 2
and order 3 completed. Order 2 sold. I
nstructions: Prepare job costing schedule. And the necessary
journals.
Additional information:
1. Materials used $200,000 distributed 30%; 20%; 50%
respectively to the orders.
2. Labor: $20,000; $30,000; $40,000 respectively to the
orders.
3. Overhead cost: $10,000; $60,000; $70,000 respectively to the
orders.
A cardboard cutting company received three orders to cut rolls to the measurements shown below: Order...
A cardboard cutting company received three orders to cut rolls to the measurements shown below:
Order
Width (meters)
Length (meters)
A
0.50
1000
B
0.70
3000
C
0.90
2000
This company buys the cardboard to be cut into two standard widths: 1 and 2 meters and then cuts it according to what each order requires. The standard rolls do not have a defined length, since for practical purposes the cardboard can be glued to comply with the required length.
Formulate...
Takke Company orders 10 inventory part items on a purchase order. All 10 items are received...
Takke Company orders 10 inventory part items on a
purchase order. All 10 items are received along with the
bill. Takke Company opens a bill form and selects the
vendor.
What is the next step?
Select one:
A. Takke should add the items (including
quantities) from the purchase order to the bill.
B. Takke should close the bill form, open the
purchase order, and select Create Bill.
C. Takke should manually enter the items and quantities
received in the item...
3. John Deere is operated as a C corporation. The company received an order for a...
3. John Deere is operated as a C corporation. The company
received an order for a $12,000 tractor from a customer on June 30,
2020 and delivered the tractor to the customer on July 31, 2020.
The company sent the customer a bill saying they had to pay for the
tractor by no later than January 31, 2021. John Deere uses a
calendar year tax period. Based on phone calls with the customer in
December of 2020, the customer explained...
3. John Deere is operated as a C corporation. The company received an order for a...
3. John Deere is operated as a C corporation. The company
received an order for a $12,000 tractor from a customer on June 30,
2020 and delivered the tractor to the customer on July 31, 2020.
The company sent the customer a bill saying they had to pay for the
tractor by no later than January 31, 2021. John Deere uses a
calendar year tax period. Based on phone calls with the customer in
December of 2020, the customer explained...
Smalltalk is a social media company that is considering expanding into online retailing. The project, which...
Smalltalk is a social media company that is considering
expanding into online retailing. The project, which is estimated to
last 4 years, requires an initial investment of £20m in year zero.
Sales and operating costs are estimated to be £30m and £20m,
respectively, in each of years 1-4. Working capital is expected to
be £10m in year 1, doubling to £20m in year 2 and growing to £30m
in year 3, before falling back to zero in year 4. Smalltalk...
The following table shows the average petrol price and the number of online shopping orders over...
The following table shows the average petrol price and the
number of online shopping orders over a given month:
Petrol Price and Online Shopping
Average Petrol Price
per gallon over a month ($)
Number of Online
Shopping Orders
3.8025
3,860
4.975
4,172
1.525
1,389
3.81
3,766
1.515
2,072
4.0275
3,286
4.7075
3,840
4.8725
4,688
1.7425
1,795
1.3225
1,539
The relationship between the average petrol price and the number
of online shopping orders in a given month is proposed to follow...
The following table shows the average petrol price and the number of online shopping orders over...
The following table shows the average petrol price and the
number of online shopping orders over a given month: Petrol Price
and Online Shopping Average Petrol Price per gallon over a month
($) Number of Online Shopping Orders
1.57 1,398
4.8225 4,109
2.2725 2,257
3.42 2,644
3.2225 3,257
4.3175 3,530
1.3275 1,791
3.68 3,859
4.3025 3,544
2.065 2,173
The relationship between the average petrol price and the number
of online shopping orders in a given month is proposed to follow...
Question 1: The following table gives the frequency distribution of the number of orders received each...
Question 1:
The following table gives the frequency distribution of the
number of orders received each day during the past 50 days at the
office of the mail order company. Calculate the mean, mode, median,
quartiles, variance and standard deviation.
Number of Order
Frequency
10-12
13-15
16-18
19-21
4
12
20
14
n=50
b. "Fits", a designer dress retailer specialising in ladies'
formal wear, is currently in the process of re-ordering a batch of
formal black dinner dresses....
Assume the local Pearle Vision has the following information on the number of sales orders received...
Assume the local Pearle Vision has the following information on
the number of sales orders received and order-processing costs.
Month Sales Orders Order-Processing Costs
1 ........................................ 3,000 $82,700
2 ........................................ 1,500 50,375
3 ........................................ 4,400 120,700
4 ........................................ 2,800 81,900
5 ........................................ 2,300 69,775
6 ........................................ 1,200 43,100
7 ........................................ 2,000 62,500
Required
a. Use information from the high- and low-volume months to
develop a cost-estimating equation for
monthly order-processing costs.
b. Plot the data on a scatter diagram. Using...
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