Henrique Correas bakery prepares all its cakes between 4 A.M. and 6 A.M. so they will be
Question:
Henrique Correa’s bakery prepares all its cakes between 4 A.M. and 6 A.M. so they will be fresh when customers arrive. Day-old cakes are virtually always sold, but at a 50% discount off the regular $10 price. The cost of banking a cake is $6, and demand is estimated to be normally distributed, with a mean of 25 and a standard deviation of 4. What is the optimal stocking level?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 60% (5 reviews)
Optimal stocking level ...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Management Leadership questions
-
Wechsler IQs are approximately Normally distributed with a mean of 100 and a standard deviation of 15. Use the probabilities shown in the figure in Exercise 6.13 to answer the following questions. Do...
-
Quantitative SAT scores are approximately Normally distributed with a mean of 500 and a standard deviation of 100. On the horizontal axis of the graph, indicate the SAT scores that correspond with...
-
Final averages are typically approximately normally distributed with a mean of 72 and a standard deviation of 12.5. Your professor says that the top 8% of the class will receive an A; the next 20%, a...
-
If you uncover critically important information (the sort that could make or break your company) that is from a credible source and appears to be unbiased, well documented, current, and complete but...
-
How is a global marketing strategy distinct from standardization?
-
Davis Outboard Motors Inc. recently developed an epoxy painting process for corrosion protection on exhaust components. Bill Davis, the owner, wishes to determine whether the lengths of life for the...
-
Shown below is a boxplot of a sample of 20 brain volumes (cm 3 ). What do the numbers in the boxplot represent? 963 1034.5 1079 1439 1188.5
-
Sweetum Candies manufactures jaw-breaker candies in a fully automated process. The machine that produces candies was purchased recently and can make 4,100 per month. The machine costs $9,000 and is...
-
A long straddle is an investment strategy whereby at time t an investor would buy a call option C(St,t; K,T) and buy a put option P(St, t; K,T) on the same strike K using the same stock S, and having...
-
The following are the financial statements of Post Corporation and its subsidiary, Sage Company, as at December 31, Year 3: Additional Information ¢ Post purchased 70% of the outstanding shares...
-
Cynthia Knotts oyster bar buys fresh Louisiana oysters for $5 per pound and sells them for $9 per pound. Any oysters not sold that day are sold to her cousin, who has a nearby grocery store, for $2...
-
University of Florida football programs are printed 1 week prior to each home game. Attendance averages 90,000 screaming and loyal Gators fans, of whom two-thirds usually buy the program, following a...
-
Gloria Traxell is paid $800 for a 40-hour workweek and time-and-a-half for hours above 40. Requirements 1. Compute Traxells gross pay for working 48 hours during the first week of February. Carry...
-
Which factor has proven LEAST successful in encouraging sustainability? Increased revenue for sustainability initiatives Customer demand Attracting customers who value sustainability Reducing risk...
-
The focus on sustainability has increased as the economies in large countries such as ________ , ________ , and ________ have grown. Turkey, Brazil, China Brazil, China, India Malaysia, China, India...
-
Quite often in a vendor-managed inventory (VMI) system, the inventory is owned by the retailer before it is shipped by the supplier. owned by the supplier until it is sold by the retailer. sold by...
-
One appropriate measure to reduce replenishment lead times is to reduce flexibility. increase the planning horizon. order electronically. average the aggregate plans from each supply chain member.
-
Which of the following would NOT be the result of a poor/inappropriate distribution network? High profitability Unsatisfactory customer experience Increased cost Poor profitability
-
Design an event handler that will execute when the calcAvailableCreditButton component is clicked. The event handler should perform the following: Declare the following Real variables: maxCredit,...
-
Write an SQL statement to display all data on products having a QuantityOnHand greater than 0.
-
Differentiate between permanent current assets and temporary current assets.
-
The MidLands Trucking Company based in Louisville has eight trucks located throughout the Mideast that have delivered their loads and are available for shipments. Through their Internet logistics...
-
The MidLands Trucking Company based in Louisville has eight trucks located throughout the Mideast that have delivered their loads and are available for shipments. Through their Internet logistics...
-
In Problem S11-27, assume that the customers have the following truck capacity loads: Determine the optimal assignment of trucks to customers that will minimize total mileage while also achieving at...
-
3. Draw the logic diagram of the SOP minimized circuit 4. Use De Morgan's theorems to express the simplest SOP in terms of NAND operators. 5. Use the Karnaugh map method to find the simplest...
-
1. Consider the modification of the master-slave latch pair given in Fig. 1. a) Under a regularly changing clock CK, specify the sequence y1, 92, 93, 94 of output signals appearing at Q at the end of...
-
3.99 Write ARM assembly code to implement the following C statements, assuming all variables are 32-bit integers and a declaration of x[10], y[10]: for i=0; i < 10; i++) x[i] = 10 -1; v[9 - i] = 1;
Study smarter with the SolutionInn App