Question 20 of 20Figure 2-2D.Refer to Figure 2-2. Carla regularly buys fruits and vegetables at a grocery store. Roberto regularly pays a lawn-care company to mow his lawn. If the flow of fruits and vegetables from the grocery store to Carla is representedby an arrow from Box C to Box B of this circular-flow diagram, then the money paid by Roberto to the lawn-care company is represented by an arrOwfrom Box A to Box D.3.O b. from Box B to Box C.Oc from Box C to Box B.O d. from Box D to Box A.0-Icon Key11:39 AM30°F Mostly cloudy1/11/2022DELLB.

The circular flow diagram is a model that shows how different aspects of the economy are…

Answered: Question 20 of 20 Figure 2-2 C B Refer…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Question 1
Question 10.6 Storage Limited operates a 50-week working year. It produces a product called "GENERAL' for which demand any week in the year is described by the probability distribution below: Demand 2 3 4. 7 8. 9 Probability 0.07 0.10 0.11 0.13 0.15 0.17 0.13 0.08 0.04 0.02 Demand can only be satisfied (if at all) from stocks. The stockholding costs are N4 per item per year. Fixed costs per re-order are N16 and the variable, re-order costs are N30 per unit Lead time is one week. The costs of being out of stock are N12 per unit short. You are required to calculate: (i) The average weekly demand; [i] The Economic Order Quantity; [iv] The number of ordering cycles in the year; and [v] State briefly the main reason for holding inventory, and explain why good inventory management is a very important aspect of overall company management. [ii The average annual demand;
Question 2 an estimate of the number of times a customer wanted a The Texas Gladiators won the Super Bowl last year. As a cap when it was not available but did not aşk for it.) result, sportswear such as hats, sweatshirts, sweat- pants, and jackets with the Gladiator's togo are popular. The Gladiators operate an apparel store outside the foot- ball stadium. It is near a busy highway, so the store has heavy customer traffic throughout the year, not just on game days. In addition, the stadium has high school or Week Demand Week Demand Week Demand 1 38 11 28 21 52 2 51 12 41 22 38 3 25 13 37 23 49 4 60 14 44 24 46 college football and soccer games almost every week in the fall, and baseball games in the spring and summer. The most poputar single item the stadium store sells is a red and silver baseball-style cap with the Gladiators' logo on it. The cap has an elastic headband inside it, which conforms to different head sizes. However, the store has 5 35 15 45 25 47 42 16 56 26 41 29 17 62…
Question THREE: Suppose you are given a set of data for output at a company which manufactures detergents over a period of time. You have determined a relation between total operating cost and the quantity produced and is given by the linear regression model as follows: TC=20,000+2,500Q, where TC=Total Operating Cost (in $) per annum and Q = Quantity produced per annum Required: i. Determine the total operating cost in the event that quantity of production is at 4,500, 12,500 and 7,000units. ii. What do you think would be your reservations in relaying on the linear regression model for budgetary planning purposes?
Question ompletion A Moving to another question will save this response. uestion 1 If each orientation for an RPN costs approximately $3000, how many RPNS can the hospital plan to hire with an orientation budget of $96,000? O 16 O 32 O 64 O 96 A Moving to another question will save this response. tv PDF 15 MacBook Air 30 888 DII DD F4 F5 F6 F7 F8 F9 36 4 5 7 * 00 %24
1
Question 27 A report in Access can be generated using data from: Table or Ouery B) Table Object Query
● ● In order to drum up business, Ms. Smith purchased seasons tickets for both the Senators and the Redblacks. Should Redblacks tickets be expensed? Yes or No Should Senators tickets be expensed? Yes or No ● The cost for the Senators tickets (2) for $1,500 each. Ms. Smith will take a client to every hockey game; she has not missed a game in over five years. The cost for the Redblacks tickets (4) for $350 each. The same goes for the Redblacks, she hasn't missed a game either and it's a family tradition for her, her spouse and their two nieces to attend the games together. Ms. Smith pays $75 a month for a storage locker that she has had for over 3 years. Everything in the storage locker was bequeathed to her from her great uncle. She has no use for the items, but she can't seem to let them go. Should storgae locker fee be claimed? If yes, how much Ms. Smith has a business bank account and the monthly banking fees associated with this account are $5 a month. ● Should banking fees be…
Question 3: Compute the probability of randomly drawing 7 cards from a deck of cards by getting 4 Hearts and 3 Aces. What would be the Expected Monetary Value (EMV) if 400 USD is paid the moment all of these cards are drawn? Write the implication of the EMV.
Q5) Metters Cabinets, Inc., needs to choose a production method for its new office shelf, the Maxistand. To help accomplish this, the firm has gathered the following production cost data. Metters Cabinets projects an annual demand of 24,000 units for the Maxistand. The Maxistand will sell for $120 per unit. Which process type will maximize the annual profit from producing the Maxistand? What is the value of this annual profit? Annualized fixed Variable costs (per unit) ($) cost of plant & Process type equip. LABOR MATERIAL ENERGY Mass Customization $1,260,000 30 18 12 Intermittent $1,000,000 24 26 20 Repetitive $1,625,000 28 15 12 Continuous $1,960,000 25 15 10
QUESTION 26 B The slope of the line labeled "A" in the diagram is: order rate. rate of inventory demand. production rate. O production rate minus rate of inventory demand. E
5

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