Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on May 18, 2024

if the standard deviation of demand decreases, how does the safety stock change in the periodic review policy?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Introduction to Management Science

Authors: Bernard W. Taylor

11th Edition

132751917, 978-0132751919

More Books

Students also viewed these General Management questions

Question

The commercial company "A" has an estimated annual demand of 60,000 units with a regularity in its dispatches throughout the year. During the semester, the purchase of lots of 10,000 units has been...

Answered: 1 week ago

Question

The operations manager at J. Hansen Enterprises, Inc. has a historical sample of demand during the lead time normally distributed. She found that the average daily demand is 70 units, and the...

Answered: 1 week ago

Question

★★★★★

There are three assets, A, B and C, where A is the market portfolio and C is the risk-free asset. The return on the market has a mean of 12% and a standard deviation of 20%. The risk-free asset...

Answered: 1 week ago

Question

★★★★★

Cungs Dress Delivery operates a mail-order business that sells clothes designed for frequent travelers. It had sales of $610,000 in December. Because Cungs Dress Delivery is in the mail order...

Answered: 1 week ago

Question

★★★★★

A firm has a high current debt/net worth ratio in relation to prior years, competitors, and the industry. Comment on what this tentatively indicates.

Answered: 1 week ago

Question

★★★★★

LO.2, 6 Amos owns a lathe (adjusted basis of $40,000) that he uses in his business. He exchanges the lathe and $20,000 in cash for a new lathe worth $50,000. May Amos avoid like-kind exchange...

Answered: 1 week ago

Question

★★★★★

A bus, which has a capacity of carrying 50 passengers, passes through a certain bus stop every day at some time point between 10:00 a.m. and 10:30 a.m. In order to study the time the bus arrives at...

Answered: 1 week ago

Question

★★★★★

Two oppositely charged. Identical insulating spheres, each 50.0 cm in diameter and carrying a uniform charge of magnitude 175 µC are placed 1.00 m apart center to center (Fig). (a) If a...

Answered: 1 week ago

Question

★★★★★

X Company is considering buying a new machine that will cost $150,000 and that will generate annual cash inflows of $31,470 for 6 years. What is the approximate internal rate of return (as a decimal,...

Answered: 1 week ago

Question

★★★★★

Question 36 (1 point) An investor sells a December put with a $30 strike price for $3. At the time of the sale the underlying stock traded at $28. Which of the following statements is true? a) If at...

Answered: 1 week ago

Question

★★★★★

Q1: What are Generally Accepted Accounting Principles (GAAP)? Q2: What is the difference between GAAP and International Financial Reporting Standards (IFRS)?

Answered: 1 week ago

Question

★★★★★

Q1: What is cost accounting, and why is it important for businesses? Q2: Explain the difference between fixed costs and variable costs with examples.

Answered: 1 week ago

Question

★★★★★

Q1: What is deferred tax, and how is it accounted for? Q2: Explain the difference between tax avoidance and tax evasion.

Answered: 1 week ago

Question

★★★★★

Q1: What is the purpose of an audit, and what are the types of audits? Q2: What are internal controls, and why are they important in the auditing process?

Answered: 1 week ago

Question

★★★★★

Q1: What is managerial accounting, and how does it differ from financial accounting? Q2: What are some common techniques used in managerial accounting?

Answered: 1 week ago

Question

★★★★★

Consider a project with negative cash flow in Year 0, positive cash flows after Year 0. If the company felt that the risk of the project was less than original estimates, what will happen to NPV and...

Answered: 1 week ago

Question

★★★★★

Write a function that reads a Float24_t value: Float24_t float24_read(void) A legitimate float24 value string is of the form: "mantissabexponent" where the mantissa (m) and the exponent (e) may have...

Answered: 1 week ago

Question

★★★★★

25. Laplace s rule of succession says that if there have been n Bernoulli trials and they have all been successes, then the probability of a success on the next trial is (n 1)/(n 2). For the...

Answered: 1 week ago

Question

★★★★★

7. The accompanying 25 observations on fracture toughness of base plate of 18% nickel maraging steel were reported in the article Fracture Testing ofWeldments (ASTM Special Publ. No. 381, 1965:...

Answered: 1 week ago

Question

★★★★★

22. Compute a 99% CI for m1 m2 using the data in Exercise 10. Assume the same prior distribution used in Example 14.8, and assume that the data is a random sample from a normal distribution with...

Answered: 1 week ago

Previous Question Next Question