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 74 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 :)

komodo7

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

In 2008, the U.S. economy suffered a gaping wound as several trillion dollars were ripped out of it. In 2008, the U.S. economy suffered a gaping wound as several trillion dollars were ripped out of it.
The Wug Test The Wug Test
Using a digital multimeter to test an oxygen sensor using the MIN/MAX record function of the meter. Using a digital multimeter to test an oxygen sensor using the MIN/MAX record function of the meter.
Mantoux tuberculin skin test. Mantoux tuberculin skin test.
Sample prescriptions of drugs for oral herpes infection. Sample prescriptions of drugs for oral herpes infection.
Video: How a Urinalysis is Performed

For a complete list of videos, visit our video library