Tammi’s Truck Stop sells Seat-o-Nails cushions, which are specifically designed to keep drivers awake on the road. Her accessories supplier makes deliveries every Tuesday, at which times she can get as many cushions as she wants (the supplier always has extras in his truck). Tammi, who was a statistics major in college, has done some calculations and estimates that weekly demand for cushions is normally distributed with mean 35 and standard deviation 10. The cushions cost her $40 wholesale and she sells them for $65. Tammi uses a 35 percent interest rate to evaluate the cost of holding inventory. It is Tuesday, she has 12 cushions in stock and the supplier has just arrived. Assuming that the weekly demand is normally distributed with mean 35 and standard deviation 10, answer the questions below. (hint: use newsvendor model)

How many cushions should Tammi buy if sales are lost when she runs out of stock during the week?
Reconsider part (a) if unmet demand is not lost but it is back ordered, and it costs Tammi $12 to mail the cushion to the customer.

previous business sales - c.

the investment was $14,174.196

explanation:

a lump sum means that the father of the example made one deposit and leave it be.

we need to know the value of a capital that generated at 4.05% per year during 28 years the sum of $48,613.24

now clearing the formula to solve for capital we got:

and we reach the answer investment = $14,174.20

whole quiz

1. the sum of all activities involved in getting high-quality products into the marketplace

2.operations

3. the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.

4. produced; performed

5. activities producing tangible products, such as radios, newspapers, buses, and textbooks.

6. activities producing intangible and tangible products, such as entertainment, transportation, and education.

7.   customer focus

8. analyzing a competitor's products to identify desirable improvements

9. the systematic direction and control of the processes that transform resources into finished projects that create value for and provide benefits to consumers.

10. operation management.

your welcome leave a rate and a < 3

turnover

the amount of money taken by a business in a particular period.