A company operates 365 days a year and its annual demand for a product is 18,250 units. The company estimates that the standard deviation for daily demand is 15 units. The cost to place an order is $31.20 and the time from ordering to receipt is 36 days. The annual inventory carrying cost is $0.10 per unit. Determine the optimal ordering quantity per order and find the reorder point necessary to provide a 98 percent service probability

How can a poor housing market put home buyers in a financially unstable position? a. changing property values means it’s easier to find homes with low rental costs. b. when the home value decreases, property taxes and insurance costs increase. c. houses are valued lower than their purchase prices, so the home equity decreases. d. home buyers lose all tax benefits and tax incentives when the housing market goes down. e. mortgage payments can increase even though the home value decreases.

Amarket that consists of all possible consumers regardless of their specific needs or wants is a

Job applications give employers uniform information for all employees, making it easier to