Quantity of the pineapples to buy by her. Concept Introduction: The standard deviation defined as statistic that refers the data set values connection to its mean and variance. The standard deviation determines the securities that the biggest the variance within the every price and the mean, which produces the larger price order.

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Answer 1

Question

Chapter 8, Problem 45AP

a)

Summary Introduction

Interpretation: Quantity of the pineapples to buy by her.

Concept Introduction: The standard deviation defined as statistic that refers the data set values connection to its mean and variance. The standard deviation determines the securities that the biggest the variance within the every price and the mean, which produces the larger price order.

b)

Summary Introduction

Interpretation: Quantity of the pineapples to buy by her for to make enough kabobs to feed all the guests with probability 95 percent.

Concept Introduction: One of the absolute deviations is that a group of data about the data’s mean is known as Mean deviation. The mean is calculated by μ=Σx .P(x) .i.e.) every value of x is product by its corresponding probability and finally the products are added accordingly.

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Sam's Pet Hotel operates 51 weeks per year, 6 days per week, and uses a continuous review inventory system. It purchases kitty litter for $11.00 per bag. The following information is available about these bags: > Demand 95 bags/week > Order cost $52.00/order > Annual holding cost = 25 percent of cost > Desired cycle-service level = 80 percent >Lead time 4 weeks (24 working days) > Standard deviation of weekly demand = 15 bags > Current on-hand inventory is 320 bags, with no open orders or backorders. a. Suppose that the weekly demand forecast of 95 bags is incorrect and actual demand averages only 75 bags per week. How much higher will total costs be, owing to the distorted EOQ caused by this forecast error? The costs will be $ higher owing to the error in EOQ. (Enter your response rounded to two decimal places.)

Sam's Pet Hotel operates 50 weeks per year, 6 days per week, and uses a continuous review inventory system. It purchases kitty litter for $10.50 per bag. The following information is available about these bags: > Demand = 95 bags/week > Order cost = $55.00/order > Annual holding cost = 35 percent of cost > Desired cycle-service level = 80 percent > Lead time = 4 weeks (24 working days) > Standard deviation of weekly demand = 15 bags > Current on-hand inventory is 320 bags, with no open orders or backorders. a. Suppose that the weekly demand forecast of 95 bags is incorrect and actual demand averages only 75 bags per week. How much higher will total costs be, owing to the distorted EOQ caused by this forecast error? The costs will be $ 10.64 higher owing to the error in EOQ. (Enter your response rounded to two decimal places.) b. Suppose that actual demand is 75 bags but that ordering costs are cut to only $13.00 by using the internet to automate order placing. However, the buyer does…

Answer 2

Question

Chapter 8, Problem 45AP

a)

Summary Introduction

Interpretation: Quantity of the pineapples to buy by her.

Concept Introduction: The standard deviation defined as statistic that refers the data set values connection to its mean and variance. The standard deviation determines the securities that the biggest the variance within the every price and the mean, which produces the larger price order.

b)

Summary Introduction

Interpretation: Quantity of the pineapples to buy by her for to make enough kabobs to feed all the guests with probability 95 percent.

Concept Introduction: One of the absolute deviations is that a group of data about the data’s mean is known as Mean deviation. The mean is calculated by μ=Σx .P(x) .i.e.) every value of x is product by its corresponding probability and finally the products are added accordingly.

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Answer 3

Question

Chapter 8, Problem 45AP

a)

Summary Introduction

Interpretation: Quantity of the pineapples to buy by her.

Concept Introduction: The standard deviation defined as statistic that refers the data set values connection to its mean and variance. The standard deviation determines the securities that the biggest the variance within the every price and the mean, which produces the larger price order.

b)

Summary Introduction

Interpretation: Quantity of the pineapples to buy by her for to make enough kabobs to feed all the guests with probability 95 percent.

Concept Introduction: One of the absolute deviations is that a group of data about the data’s mean is known as Mean deviation. The mean is calculated by μ=Σx .P(x) .i.e.) every value of x is product by its corresponding probability and finally the products are added accordingly.

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Answer 4

Question

Chapter 8, Problem 45AP

a)

Summary Introduction

Interpretation: Quantity of the pineapples to buy by her.

Concept Introduction: The standard deviation defined as statistic that refers the data set values connection to its mean and variance. The standard deviation determines the securities that the biggest the variance within the every price and the mean, which produces the larger price order.

b)

Summary Introduction

Interpretation: Quantity of the pineapples to buy by her for to make enough kabobs to feed all the guests with probability 95 percent.

Concept Introduction: One of the absolute deviations is that a group of data about the data’s mean is known as Mean deviation. The mean is calculated by μ=Σx .P(x) .i.e.) every value of x is product by its corresponding probability and finally the products are added accordingly.

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Answer 5

Chapter 8, Problem 45AP

a)

Summary Introduction

Interpretation: Quantity of the pineapples to buy by her.

Concept Introduction: The standard deviation defined as statistic that refers the data set values connection to its mean and variance. The standard deviation determines the securities that the biggest the variance within the every price and the mean, which produces the larger price order.

b)

Summary Introduction

Interpretation: Quantity of the pineapples to buy by her for to make enough kabobs to feed all the guests with probability 95 percent.

Concept Introduction: One of the absolute deviations is that a group of data about the data’s mean is known as Mean deviation. The mean is calculated by μ=Σx .P(x) .i.e.) every value of x is product by its corresponding probability and finally the products are added accordingly.

Answer 6

Chapter 8, Problem 45AP

a)

Summary Introduction

Interpretation: Quantity of the pineapples to buy by her.

Concept Introduction: The standard deviation defined as statistic that refers the data set values connection to its mean and variance. The standard deviation determines the securities that the biggest the variance within the every price and the mean, which produces the larger price order.

Answer 7

Chapter 8, Problem 45AP

a)

Summary Introduction

Interpretation: Quantity of the pineapples to buy by her.

Concept Introduction: The standard deviation defined as statistic that refers the data set values connection to its mean and variance. The standard deviation determines the securities that the biggest the variance within the every price and the mean, which produces the larger price order.

Answer 8

b)

Summary Introduction

Interpretation: Quantity of the pineapples to buy by her for to make enough kabobs to feed all the guests with probability 95 percent.

Concept Introduction: One of the absolute deviations is that a group of data about the data’s mean is known as Mean deviation. The mean is calculated by μ=Σx .P(x) .i.e.) every value of x is product by its corresponding probability and finally the products are added accordingly.

Answer 9

b)

Summary Introduction

Interpretation: Quantity of the pineapples to buy by her for to make enough kabobs to feed all the guests with probability 95 percent.

Concept Introduction: One of the absolute deviations is that a group of data about the data’s mean is known as Mean deviation. The mean is calculated by μ=Σx .P(x) .i.e.) every value of x is product by its corresponding probability and finally the products are added accordingly.

Answer 10

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Answer 11

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Answer 12

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Answer 13

Ch. 8.1 - Prob. 1P Ch. 8.1 - Prob. 2P Ch. 8.1 - Prob. 3P Ch. 8.1 - Prob. 4P Ch. 8.1 - Prob. 5P Ch. 8.1 - Prob. 6P Ch. 8.1 - Prob. 7P Ch. 8.1 - Prob. 8P Ch. 8.1 - Prob. 9P Ch. 8.2 - Prob. 10P

Solution Summary: The author explains how the standard deviation determines the securities that the biggest the variance within the every price and the mean, which produces the larger price order.

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