8) Average Time to Maturity Days Plant Broccoli Days Plant Artichoke 95 Walla Walla Onion 85 Beet Days Plant Okra Days Days Plant Bell Pepper Plant 75 71 55 Rutabaga 90 Pumpkin 120 Bok Choi 45 59 Peanut 120 Romano Pole Bean A) Mode = 75 and 80, Median 64 and Mean = 64.64 B) Mode = 120, Median = 75 and Mean 79.55 C) Mode = 120, Median 71 and Mean 79.82 D) Mode = 55 and 90, Median 74 and Mean 73.82 60 %3D %3D
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- 2. A manager is using the equation Y(t) = 6400 + 70t to forecast quarterly demand for a product. In the equation, t = 0 at Q2 of last year. Quarter relatives are Q1 = 0.89, Q2 = 0.88, Q3 = 0.73, and Q4 = 1.5. What forecasts are appropriate for the last quarter of this year? a. 10230 b. 10125 c. 9810 d. 10020 e. 4546.67The following information relates to Blueberry Company’s materials YWorking days per year 240Normal lead time in working days 20Maximum lead time in working days 45 Annual usage 7,200 Assuming that the units of material Y will be required evenly throughout the year, thesafety stock and order point would be Safety Stock Order Pointa 600 600b 600 1,350c 750 600d 750 1,35013 Please read the following scenario carefully for the next question: If, (a) the Retail Selling Price of the WX350 is $89 in 1997, (b) the retailer’s markup is 50% (of retailer’s SP), (c) CIMA sells directly to these retailers, (d) CIMA’s markup is 15% (of manufacturer’s SP), (e) CIMA’s selling prices increase by 4% every year (increases take effect in 1998), (f) CIMA’s cost prices increase every year by 3% (increases take effect in 1998), (g) CIMA expects to sell 525 units in 1997, 672 units in 1998, 747 units in 1999, 865 units in 2000 and 981 units in 2001, (h) the cost of capital for CIMA is 15%, (i) CIMA’s investment in the WX350 was $ 18,000 and (j) year 0 (zero), for PV discounting purposes was 1996. What will CIMA’s profit be in 1999? a. $ 52,514.15 b. $ 28,173.66 c. $ 9,689.38 d. $ 5,968.53 e. $ 4,912.32
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- A company is thinking of investing in one of two potential new products for sale. The projections are as follows: Year Revenue/cost £ (Product A) Revenue/cost £ (Product B)0 (150,000) outlay (150,000) outlay 1 24,000 12,0002 24,000 25,3333 44,000 52,0004 84,000 63,333 a) Calculate decimal. Please present answer to nearest half a month.Joel Brown & Associates Limited produces and sells two products, vita 120 and vita 220. The following table provides information on the sales forecast for 2018: Sales Forecast Product Qrt1 Qrt2 Qrt3 Qrt4 Total Vita 120 5,000 6,000 4,800 5,500 21,300 Vita220 6,500 4,600 5,400 6,200 22,700 Notes: It is the company policy to have stock on hand at the end of each quarter equalling to 10% of sales for the next quarter. Budgeted sales for the first quarter of 2019 were: 7,000 units for Vita 120 and 5, 800 units for Vita 220 During 2016, the company sold one unit of Vita 120 for $600 and one unit of Vita 220 for $700 Opening inventory for the first quarter of 2018 was 320 units of Vita 120 and 420 units for Vita 220 To make one unit of Vita 120 four (4) units of raw material B20 is required while five (5) units of raw material B12 is required to make one unit of Vita 220. Prepare the sales budget Prepare the…May I ask for a solution and explanation to the problem for a better understanding. Thank you! 18. What is the average collection period for Bittergourd? a. 20.70 days b. 21.50 days c. 22.60 days d. 23.80 days
- Enumerate the different types of derivate products and explain the utility of each one for an investor that is looking to buy 10 tones of grain.6. The monthly incomes for 12 randomly selected people, each with a bachelor's degree in economics, are shown on the right. Complete parts (a) through (c) below. Assume the population is normally distributed. 4450.14 4596.62 4366.84 4455.36 4151.16 3727.41 4283.93 4527.14 4407.35 3946.01 4023.61 4221.66 (a) Find the sample mean.. Skinner’s Fish Market buys fresh Boston bluefish daily for $4.20 per pound and sells it for $5.70per pound. At the end of each business day, any remaining bluefish is sold to a producer of catfood for $2.40 per pound. Daily demand can be approximated by a normal distribution with amean of 80 pounds and a standard deviation of 10 pounds. What is the optimal stocking level?