Currently the firm has 80 workers who produce 800 units per ...

[K@]

Currently the firm has 80 workers who produce 800 units per quarter each. The cost per unit is 35.00 . The cost of holding 1 unit per quarter is 1.50 . The cost of hiring a worker is 100 . The cost of firing a worker is 500 . When using the pure chase strategy, what is the total cost for the year? The quarterly demand information is provided below. Q1:20,000 units, Q2:100,000 units, Q3:60,000 units, Q4:153,000 units
 a. 11,694,000 c. 8,570,500
  b. 11,889,375 d. 35,000,345

Question 2

A Type I error occurs when we:
 a. reject a false null hypothesis.
  b. reject a true null hypothesis.
  c. don't reject a false null hypothesis.
  d. don't reject a true null hypothesis.

[ciecieme]

Answer to Question 1

A

Answer to Question 2

B

[K@]

Thanks for the timely response, appreciate it

[frankwu0507]

Great answer, keep it coming