9.2) A company is using a carrier to deliver goods to a major customer. The annual demand is $2‚500‚000‚ and the average transit time is 10 days. Another carrier promises to deliver in 7 days. What is the reduction in transit inventory? I = tA=(10 – 7 ) 2‚500‚000=$7‚500‚000=$20‚547.90 365365 365 9.4) A florist carries an average inventory of $12‚000 in cut flowers. The flowers require special storage and are highly perishable. The florist’s estimates capital costs at 10%‚ storage
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OPIM Assignment 4 1. Cu = 24-11 = $13 Co = 11-7 = $4 Critical ratio = 13/(13+4) = 0.7647 μ = 30‚000 σ = 10‚000 Using normal distribution function (=norminv(0.7647‚30000‚10000))‚ the optimum order quantity is 37‚216 jerseys to maximize profit. 2. Quantity = 32‚000 First‚ we normalize the order quantity to find the z-statistic z=Q-μσ=32‚000-25‚00010‚000=0.7 We then look up the standard normal loss function. The expected lost sale is given by. Lz=0.1429 Therefore‚ the expected lost
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Project Delays Delays during material purchase and supply are widespread in most projects around the world. Some of the delay happens at the time of purchasing of material for the project that is the period which is before the start of project as well as during actual execution of project is under way. Project schedules are consistently dynamic and uncertain. Several controllable and uncontrollable factors can adversely affect the project schedule and cause delays. These delays definitely create
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branch is taken or not. In the MIPS CPU‚ the branch operation is delayed by one instruction. The MAL assembler hides the delayed branch by inserting an instruction after each branch or jump. The instruction following a branch or jump is called the delay slot. By default the assembler inserts an instruction which does nothing‚ a no-op. In previous sections describing the branch instruction‚ it was stated that the PC was incremented when the branch was fetched and therefore the branch offset is relative
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The least thing a passenger wants to encounter when waiting for a flight is a delay. Delays and cancellations in today’s commercial flights have become the fear and shadow from anyone who desires to use airplanes as their method of transportation. Delays account for a big percentage of complaints at airline counters. Many factors could lead to a delay; weather and maintenance are the most common. But‚ what is a customer suppose to do when encountering such mishap? What rights assure the well-being
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– Ghafoori (ed.) © 2010 Taylor & Francis Group‚ London‚ ISBN 978-0-415-56809-8 Delays in the Iranian construction projects: Stakeholders and economy E. Asnaashari‚ A. Knight & A. Hurst Nottingham Trent University‚ Nottingham‚ United Kingdom ABSTRACT: The construction industry has a major role in the Iranian economy by generating employment and wealth. However‚ delay is one of the most reoccurring problems in the Iranian construction industry and has negative impacts on project success in
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wasted opportunities and deferred tasks. Don’t forget that quite often we have to pay a very heavy price for delaying things. The person who prolongs taking insurance of his house usually regrets his folly‚ when the house is gutted by a sudden fire. Delay in the treatment of a disease may lead to its worsening and may‚ finally‚ even result in death. The student‚ who goes on postponing studies‚ never gets time to prepare for the examination and does very badly at the end. He remains under great mental
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Microeconomics (Fall 2014) Simon Bowmaker Problem Set 6 Submit at lecture (Monday‚ November 10) Write your answers on separate sheets of paper. Please include: your name your recitation teacher’s name day and time of the recitation NB: if your recitation takes place on Monday morning‚ you must submit your assignment to your teacher at the beginning of the recitation. 1. Assume a monopolist faces the following market demand: Q = 100 - 2P. The monopolist’s total cost function is TC = 5+8Q2. What
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Assignment Problem Set includes overview of these exercises: C: 9-35 Allocation of Precontribution Gain Solution C: 11-45 Use of Losses by Shareholders Solution C: 10-4 Discussion C:11-47 Problem Post-Termination Loss Use Solution Business - Accounting Complete the problems found in Ch. 9‚ 10‚ 11 of Federal Taxation 2010: Corporations with your Learning Team . C:9-32 Problem – Partnership Income and Basis Adjustments (Ch. 9) C:11-37 Problem – Determination
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73-240 | Recitation A Problem Set 1 Problem 1: Nominal GDP‚ Real GDP‚ Price Indices‚ and Inflation A. Nominal GDP in Year 1 = $430 Nominal GDP in Year 2 = $617.50 Growth Rate of Nominal GDP = 44% B. RGDP(1) in Year 1 = $430 RGDP(1) in Year 2 = $410 RGDP(1) growth = -4.65% RGDP(2) in Year 1 = $655 RGDP(2) in Year 2 = $617.50 RGDP(2) growth = -5.73% The answer differs depending on which base year you use because the relative prices of the goods in comparison to each other (price
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