The owner of a sales kiosk of perishable goods downloaded 10 weeks of sales data from...
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The owner of a sales kiosk of perishable goods downloaded 10 weeks of sales data from her POS (point of sales) system. That appears below. The unit revenue is $65, the unit cost is $28, and any unsold inventory at the end of each day is sold on the secondary market at a salvage price of $9 per unit. Restocking occurs on a daily basis. An inventory stockout on any given day sets the maximum revenue for that day, since replenishment orders cannot be placed for delivery on the same day. The daily fixed cost of operation is $160. Data Week 1 Week 2 Week 3 Week 4 Week 5 Week 6 Week 7 Week 8 Week 9 Week 10 Ten Week Sales Data (Units) Day 1 15 17 18 14 14 13 16 14 19 11 Day 2 Day 3 20 12 13 10 17 14 15 16 17 15 13 18 17 12 15 12 11 17 18 16 Day 4 Day 5 18 15 12 13 14 15 14 17 15 13 16 16 15 18 16 14 13 16 16 69 19 BIN 10 11 12 13 14 15 16 17 18 19 20 QUESTION 1 What is the relative frequency for the daily sales of 15 units? Enter your result as a number as a percentage rounded to the nearest whole number. Do not include the % symbol. QUESTION 2 What is the relative frequency for the daily sales of 19 units? Enter your result as a number as a percentage rounded to the nearest whole number. Do not include the % symbol. The owner of a sales kiosk of perishable goods downloaded 10 weeks of sales data from her POS (point of sales) system. That appears below. The unit revenue is $65, the unit cost is $28, and any unsold inventory at the end of each day is sold on the secondary market at a salvage price of $9 per unit. Restocking occurs on a daily basis. An inventory stockout on any given day sets the maximum revenue for that day, since replenishment orders cannot be placed for delivery on the same day. The daily fixed cost of operation is $160. Data Week 1 Week 2 Week 3 Week 4 Week 5 Week 6 Week 7 Week 8 Week 9 Week 10 Ten Week Sales Data (Units) Day 1 15 17 18 14 14 13 16 14 19 11 Day 2 Day 3 20 12 13 10 17 14 15 16 17 15 13 18 17 12 15 12 11 17 18 16 Day 4 Day 5 18 15 12 13 14 15 14 17 15 13 16 16 15 18 16 14 13 16 16 69 19 BIN 10 11 12 13 14 15 16 17 18 19 20 QUESTION 1 What is the relative frequency for the daily sales of 15 units? Enter your result as a number as a percentage rounded to the nearest whole number. Do not include the % symbol. QUESTION 2 What is the relative frequency for the daily sales of 19 units? Enter your result as a number as a percentage rounded to the nearest whole number. Do not include the % symbol.
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Related Book For
Operations management processes and supply chain
ISBN: 978-0136065760
9th edition
Authors: Lee J Krajewski, Larry P Ritzman, Manoj K Malhotra
Posted Date:
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