Mathematics, 08.10.2020 03:01, nathancikra
The inventory policy of a retail company is to hold only the highest sales volume items in its distribution center and to ship the remaining lower sales volume items direct from the respective manufacturers to its stores. This policy is intended to reduce transportation costs. Total annual sales of the company are $1 billion. It is known that half of this amount is accounted for by only 15% of the items. In addition, it is assumed that equation (8.1) in the text can be used to model the Pareto cumulative distribution. (a) If the company wants to stock the top selling 35% of the items in the distribution center, what is the expected value of these items in terms of annual sales? (b) On the other hand, if the company wants to stock only those items accounting for the top 75% of annual sales, what proportion of the items corresponds to this sales volume?
Answers: 2
Mathematics, 21.06.2019 19:00, Marleneg
An energy drink company claims that its product increases students' memory levels. to support its claims, the company issues advertisements claiming that 8 out of 10 people (chosen randomly from across the country) who tried their product reported improved memory. the missing component in this study is a .
Answers: 1
Mathematics, 21.06.2019 20:30, oliwia0765
Solve each quadratic equation by factoring and using the zero product property. x^2 + 18x = 9x
Answers: 2
The inventory policy of a retail company is to hold only the highest sales volume items in its distr...
Chemistry, 11.01.2020 11:31
Mathematics, 11.01.2020 11:31
History, 11.01.2020 11:31
English, 11.01.2020 11:31
Mathematics, 11.01.2020 11:31
Mathematics, 11.01.2020 11:31