The friendly sausage company orders the sausages that they use at the end of each week....
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
The friendly sausage company orders the sausages that they use at the end of each week. They consume on average 5 kg sausage per day with a standard deviation of 2.5 kgs. It takes 1,5 days to get their orders from the butcher outside the city. This week they start with a sausage stock of 10 kgs in their fridge. If they want to keep their service level at 99% how much order they should place at the end of each week? 1 The friendly sausage company orders the sausages that they use at the end of each week. They consume on average 5 kg sausage per day with a standard deviation of 2.5 kgs. It takes 1,5 days to get their orders from the butcher outside the city. This week they start with a sausage stock of 10 kgs in their fridge. If they want to keep their service level at 99% how much order they should place at the end of each week? 1
Expert Answer:
Answer rating: 100% (QA)
Solution is excel The sausage company follows periodic review system by ordering each week or... View the full answer
Related Book For
Principles of Accounting
ISBN: 9780077300456
1st edition
Authors: Robert Libby, Patricia Libby, Fred Phillips, Stacey Whitecotton
Posted Date:
Students also viewed these accounting questions
-
If you deposit $1,000 at the end of each period for 10 interest periods and you earn 8 percent interest, how much would you have at the end of period 10? Use a convenient format to display your...
-
An industrial plant claims to discharge no more than 1000 gallons of wastewater per hour, on the average, into a neighboring lake. An environmental action group decides to monitor the plant, in case...
-
Assume a venture has a perpetuity enterprise value cash flow of $800,000. Cash flows are expected to continue to grow at 8 percent annually and the ventures WACC is 15 percent. A. Calculate the...
-
Tubby Toys estimates that its new line of rubber ducks will generate sales of $7 million, operating costs of $4 million, and a depreciation expense of $1 million. If the tax rate is 35%, what is the...
-
Complete the Permanently Reinvested Earnings Surfing the Standards Case before making the judg-ments in this case. Mini Golf Corporation is a fully owned foreign subsidiary of Fun Parks, Inc. Mini...
-
Discuss characteristics of a good investment benchmark.
-
What items of information must be included in a notice of deposition?
-
On May 10, Tharp Corporation issues 2,500 shares of $5 par value common stock for cash at $13 per share. Journalize the issuance of the stock.
-
Ghost Ltd has just paid a $4 dividend. The dividend is expected to grow at 12% for the next 4 years. After that, the grow rate will be 4% indefinitely. If the required return is 16%, find the current...
-
You have just been hired as a management trainee by Toronto-based Capri Fashions Inc., u nationwide distributor of designer Caps. The company has exclusive distribution of the Caps, and sales have...
-
1. A university department wishes to create a daily schedule for its classes using integer program- ming. The department has access to three classrooms with the following capacities: Capacity Room 1...
-
A bond trades at $1,100 with a face value of $1,000. If the coupon rate is 5%, the yield to maturity is 4%, and there are 10 years to maturity, what is the current yield?
-
A 32.7 kg mass is suspended by the cable assembly as shown in the figure below. The cables have no mass of their own. The cable to the left (cable one) of the mass makes an angle, 0 = 0.00 degrees...
-
Discuss the importance of cause and effect in regards tothe decision-making skills when solving an epidemic, as well as thecause and effect the various characters/victims have in spreadingthe...
-
Jace's Food Market and Tobin's Food Market had the following financial data at December 31, 2024 Tobin's Cash Cash Equivalents Accounts Receivable Total current liabilities Jace Tobin $ Jace's This...
-
2) Suppose that the individual has income of Y in the first period, and Y2 in the second. The interest rate is denoted by r. Assume that the person's preferences are described by the following...
-
Find the local maximum and minimum values and saddle point(s) of the function. You are encouraged to use a calculator or computer to graph the function with a domain and viewpoint that reveals all...
-
A business had revenues of $280,000 and operating expenses of $315,000. Did the business (a) Incur a net loss (b) Realize net income?
-
John "Bum" Andrews founded EZ Reader in January 2010 to provide a service in which an employee follows a student around reading assigned textbook chapters aloud so that the student will not have to....
-
For each of the following activities, indicate what the company owns (the account and effect) and what the company owes (the account and effect) using the fundamental accounting equation. Be sure to...
-
What is the difference between Accounts Receivable and Revenue?
-
Yvonne had the following transactions in the shares of Scotia plc: Sally's capital gains tax position in 2023-24 was as follows: You are required to: (a) Calculate Yvonne's chargeable gain. (b)...
-
In February 2014, Maria bought a diamond necklace for 13,500. In 2017 the necklace was stolen and, as a result, an insurance payment of 14,000 was received in February 2018. In the same month, Maria...
-
Jerome made the following gifts to family members during tax year 2023-24: (1) On 28 May 2023, Jerome made a gift of a house valued at 187,000 to his wife. His uncle had originally purchased the...
Study smarter with the SolutionInn App