This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A sample of 61 observations yielded a sample standard deviation of 6 . If we want to test H0: 2 = ... (Read 144 times)

rosent76

  • Hero Member
  • *****
  • Posts: 516
on: Jun 24, 2018
A sample of 61 observations yielded a sample standard deviation of 6 . If we want to test H0: 2 = 40, the test statistic is
 a. 54.
  b. 9.15.
  c. 54.90.
  d. 9.

Question 2

Demand for a popular athletic shoe is nearly constant at 800 pairs per week for a regional division of a national retailer. The cost per pair is 54 . It costs 72 to place an order, and annual holding costs are charged at 22 of the cost per unit. The lead time is two weeks.
 a. What is the EOQ?
  b. What is the reorder point?
  c. What is the cycle time?
  d. What is the total annual cost?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

k2629

  • Sr. Member
  • ****
  • Posts: 357
Reply #1 on: Jun 24, 2018
Answer to Question 1

a

Answer to Question 2

a. Q = 710.1
b. r = 1600
c. T = 710.1/800 = .8876 weeks or .8876(7) = 6.2 days
d. TC = .5(710.1)(.22)(54) + (41600/710.1)(72) = 8435.99


rosent76

  • Member
  • Posts: 516
Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)

ktidd

  • Member
  • Posts: 319
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

The Normal Distribution of Scores for a Standardized Intelligence Test The Normal Distribution of Scores for a Standardized Intelligence Test
ROM exercises on a patient’s wrist: radial deviation. ROM exercises on a patient’s wrist: radial deviation.
ROM exercises on a patient’s wrist: ulnar deviation. ROM exercises on a patient’s wrist: ulnar deviation.
Test Paper Test Paper
A Scatterplot of the Test Scores and Average Grades of 10 Students A Scatterplot of the Test Scores and Average Grades of 10 Students
How to quickly determine the maximum or minimum value of a quadratic equation in standard form How to quickly determine the maximum or minimum value of a quadratic equation in standard form
Video: Rh blood type and complications during pregnancy & Fertilization

For a complete list of videos, visit our video library