D1 and s1 represent the initial demand and supply curves. if there is a huge increase in the desire of u. s. buyers to consume british products, and the british government starts buying u. s. dollars in order to fix the exchange rate at the initial level, then the new equilibrium will be found at : 05_02_201

This exercise illustrates that poor quality can affect schedules and costs. a manufacturing process has 130 customer orders to fill. each order requires one component part that is purchased from a supplier. however, typically, 3% of the components are identified as defective, and the components can be assumed to be independent. (a) if the manufacturer stocks 130 components, what is the probability that the 130 orders can be filled without reordering components? (b) if the manufacturer stocks 132 components, what is the probability that the 130 orders can be filled without reordering components? (c) if the manufacturer stocks 135 components, what is the probability that the 130 orders can be filled without reordering components?