A Bakery stocks daily five gourmet fancy fruit-topped cakes. All the cakes that are not sold during the day are thrown away, and the bakery restocks the next day with new cakes, bringing the in-stock level up to five at the beginning of each day. If daily demand is greater than the five cakes in stock the bakery loses sales. The special cake sells for $32 and costs the store $10. The probability distribution of daily demand for the cake is as shown below daily demand - 0, 1,2,3,4,5,6,7 Px - 0.01, 0.02, 0.04, 0.06, 0.20, 0.60, 0.05, 0.02

Answers

Answer 1

Answer:

The answer is "$1.98".

Explanation:

calculating the profit per cake [tex]= \$32 -\$10 =\$22[/tex]

[tex]\text{if demand}=6 , \ lose =\$22 \\\\\text{if demand}= 7,\ lose = \$44\\[/tex]

Calculating E(profit lost):

[tex]=\$22 \times 0.05+ \$44 \times 0.02\\\\ =\$ 1.1+\$ 8.8\\\\=\$ 1.98[/tex]

A Bakery Stocks Daily Five Gourmet Fancy Fruit-topped Cakes. All The Cakes That Are Not Sold During The

Related Questions

During 2020 Came Corporation transferred inventory to Nolan Corporation and agreed to repurchase the merchandise early in 2021. Nolan then used the inventory as collateral to borrow from Norwalk Bank remitting the proceeds to Carne. In 2021 when Carne repurchased the inventory, Nolan used the proceeds to repay its bank loan. On whose books should the cost of the inventory appear at the December 31, 2020 balance sheet date?
A) Came Corporation
B) Nolan Corporation
C) Norwalk Bank
D) Nolan Corporation, with Came making appropriate note disclosure of the transaction

Answers

Answer:

A) Came Corporation

Explanation:

This type of transaction is called a product financing arrangement by which one company (Came Corporation) facilitates inventory to another company for the purpose of the second company using it as collateral for a bank loan. Came should include the inventory cost in its balance sheet since it gave it Nolan but promised to repurchase it back.

Emily pays a monthly fee for a streaming service. It is time to renew. She can charge her credit card $12.00 a month. Or, she can pay a lump sum of $60.00 for 6 months. Which should she choose?

Answers

The 60 for 6 months

if you times 12 by 6 it would be 72

so that means the 60 would be less

Answer:

$ 12.00

Explanation:

Should be easy but I’m lazy no plz

Answers

Answer:

it must meet expectations and fulfill their needs

Explanation:

Using the 2017 data, how much more would a college graduate with bachelor's degree expect to earn per year than a high school graduate?

Answers

Answer:

The estimated median lifetime earnings (in 2017 dollars) for a bachelor's degree recipient at age 64 was more than $1.2 million. High school graduates earned far less — just over $800,000, according to the College Board's research.

Explanation:

Posted this question already and no response.

Answers

Answer: A medium of exchange

Explanation:

How to do this question plz answer me​

Answers

Answer: See explanation

Explanation:

Business activities simply refers to the activities that are done in order to provide goods and services for the consumers and also generate profit.

1. The purpose of business activity is:.

To provide goods.

2. An entrepreneur might find setting up a business rewarding as he or she is in control and that may give the person a level of satisfaction. Also, the entrepreneur makes profit which is rewarding as well.

3. Building a good brand image gives credibility to the company and also brings about customer loyalty. Customers want to be associated with good brands. This can also help drive sales and revenue.

Choose the best words to complete each sentence and form a true statement.
Alice is a Chinese-American student. She needs student aid to
her college education. Due to her origins, she could get a(n)
-based scholarship. She could also apply for other kinds of scholarships for which she is
. Although Alice could get a loan, she should really try getting a scholarship because money received as a scholarship is essentially
money.

Answers

Answer:

Financial; ethnicity; eligible; free.

Explanation:

Federal student loans can be defined as a form of financial aid given to college or university students with varying financial means, so as to enable them gain access to higher education.

In the United States of America, the U.S Department of Education is saddled with the responsibility of administering the federal student loans.

In this scenario, Alice is a Chinese-American student. She needs student financial aid to her college education. Due to her origins, she could get an ethnicity-based scholarship. She could also apply for other kinds of scholarships for which she is eligible.

Although Alice could get a loan, she should really try getting a scholarship because money received as a scholarship is essentially free money.

Answer:

fund, ethnicity, eligible, free.

Explanation:

plato

The Internet has created a new market for companies.

True
False

Answers

Answer:true
Explanation: it’s a new form of marketing and reaching audiences like neber before

Answer:

true the internet has created a new market for companies

short notes on Co-Work skill?​

Answers

Answer:

Coworking is an arrangement in which workers of different companies share an office space, allowing cost savings and convenience through the use of common infrastructures, such as equipment, utilities, and receptionist and custodial services, and in some cases refreshments and parcel acceptance services.

Is the following a social organization or a task-oriented organization? college sorority

task-oriented
social

Answers

Answer: social organization

Explanation:

A college sorority is a social organization. College sorority is simply a social club for the females that are in college where the females perform activities together.

Social organization simply has to do with the network of relationships that are in a group and how they are related. Such network is vital in enhancing the relationship in the group.

1. a. What is budget?​

Answers

Answer:

It’s a Minimum price you use to buy stuff..

Explanation:

A budget is a financial plan for a defined period, often one year. It may also include planned sales volumes and revenues, resource quantities, costs and expenses, assets, liabilities, and cash flows.

Sorry if this wasn't what you were looking for

it is 3/4 because 3 +1/4

Answers

Answer:

No, it's [tex]3\frac{1}{4}[/tex]

Explanation:

[tex]3 + \frac{1}{4} \\\\\frac{12}{4} + \frac{1}{4} \\\\\frac{13}{4} = 3\frac{1}{4}[/tex]

No, I think it’s 1 3/4 sorry if I’m wrong

How do you consider globalization and workforce diversity as challenges to Human Resource management? Support your answer with practical example

Answers

Answer:

The responses to the given question can be defined as follows:

Explanation:

Throughout the question, the variety and unequal outcomes wouldn't necessarily think violence requiring equal outcomes. Its elephants throughout the space have poor results between black with modest salaries. So being frank, higher related infant mortality, STDs but no school option should occur. Poor schools, poor police-citizens relations, gangs, security, etc.

Get a look at the root causes of the problem and take a good look at it. What we did not see now but the new BLM profile will not function. Black liberal arts colleges have for ages only spoken of creative approaches to also be mocked and they're not black enough. Shoot back, it was a cop.

According to the video, Industrial Production Managers commonly perform which tasks? Check all that apply.

packaging products for shipping
negotiating with workers and management
maintaining mechanical equipment
reviewing and balancing resources
training assembly workers

Answers

Answer: negotiating with workers and management & reviewing and balancing resources

According to the video, Industrial Production Managers commonly perform the tasks negotiating with workers and management. Thus option (B) is correct.

What is an industry?

An industry can be defined as a group of enterprises or companies or businesses or any entity in the market. An industry is set up by the industrialist to provide goods and services to its customers.

An industry is set up by an industrialist according to the demand of the product in the market. Basically an industry is a profit making enterprise. An industry is an important  for an economy because it gives employment to a large number of people.

According to the video, Industrial Production Managers commonly perform the tasks negotiating with workers and management. Therefore, option (B) is correct.

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What is a negative effect of free trade agreements?

Answers

Answer: in particular deplorable working conditions, job loss, economic damage to some countries, and environmental damage globally.

Explanation:

in particular deplorable working conditions, job loss, economic damage to some countries, and environmental damage globally.

Why does manufacturing's multiplier effect matter to an economy?
It offers a larger number of goods to choose from.
It has a greater impact than service industries.
It attracts global interest.
It prevents lost time and money.

Answers

Answer:

It has a greater impact than service industries.

Explanation:

Alby Ltd is a trading firm and has warehouses in various cities. One of its warehouses was damaged due to a fire. Which insurance could protect
it from this risk?
A. business interruption insurance
B. property insurance
C. workers' compensation insurance
D. general liability insurance

Answers

Answer:

A. Business interruption insurance

Explanation:

Business interruption insurance is a type of insurance that covers the loss of income that a business suffers after a disaster. The income loss covered may be due to disaster-related closing of the business facility or due to the rebuilding process after a disaster.

Alby Ltd is a trading firm and has warehouses in various cities. One of its warehouses was damaged due to a fire. Business interruption insurance could protect it from this risk. The correct option is (A).

What do you mean by the Business interruption insurance?

Business income lost due to a calamity is replaced by business interruption insurance. The occurrence might be something like a fire or a natural disaster.

Business interruption insurance is a type of insurance that pays out in the event that a company is forced to close down due to a direct physical loss or damage, as that which might result from a fire or a natural disaster.

Additionally, the running costs, a shift to a temporary location if necessary, payroll, taxes, and loan payments are all covered by this kind of insurance.

Therefore, Alby Ltd is a trading firm and has warehouses in various cities. One of its warehouses was damaged due to a fire. Business interruption insurance could protect it from this risk.

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Which type of insurance might lenders require borrowers to have when taking out an automobile loan?

Collision
Collateral
Health
Property

Answers

Answer:

The answer is A. Collision.

Explanation:

Collision coverage helps pay for the cost of repairs to your vehicle if it is hit by another vehicle. It may also help with the cost of repairs if you hit another vehicle or object.

Collision is the type of insurance which lenders might require borrowers to have when taking out an automobile loan.

What do you understand by the term “insurance”?

An agreement known as an insurance policy provides financial protection or reimbursement against losses from an insurance company to a person or an organization. In order to make payments to the insured more manageable, the company pools the risks of its clients.

Insurance plans are used to protect against the possibility of monetary losses, large and small, resulting from harm to the insured person or her property or from liability for harm or damage to a third party.

There are many various kinds of insurance plans available, and almost any person or organization may find an insurance firm that will insure them for a fee. Auto, health, homeowners, and life insurance are the most popular categories of personal insurance plans.

What is collision?

Collision insurance is a type of auto insurance that pays the insured for damage to their own car that was caused by the insured driver's negligence. To protect drivers in the event of collision damage, this kind of insurance is frequently acquired as an addition to a normal motor policy. Collision insurance, as the name suggests, compensates the insured for harm caused by a real collision. Vandalism and theft-related damage are not covered by it. Additionally, even if the other driver was at fault, it does not cover damage that is paid for by their own insurance.

For your vehicle to be protected against the financial loss that results from physical damage to your vehicle, collision coverage is crucial. Accidents can happen to anyone at any time. Every time an accident occurs, someone is to blame, and that someone may be you.

There is a collision coverage limit, which is the most your insurance will contribute to a covered claim. The real cash worth of your vehicle often serves as your collision coverage limit (its value minus depreciation).

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example of petition format​

Answers

How To Write A Good Petition:State the purpose/change you want clearly.Direct the petition to the target audience you want to read it.Include accurate information, with sources and evidence.If you're including opinions, use evidence to prove they are not faked.Simply write formally and clearly.

Petition Formats:Letter (formal letter to audience/person)Poster (if you want to express your view with others)Presentation (if you want to express your view with others)Song (write a catchy tune to memorise the message)Poem (write a poem that's easy to remember)Poll (get quick results on other's opinions)Jingle (make a short jingle that's easy to remember)

Language is the most complex challenge global marketers face.

True
False

Answers

Answer:

False.

Explanation:

Globalization can be defined as the strategic process which involves the integration of various markets across the world to form a large global marketplace. Basically, globalization makes it possible for various organizations to produce goods and services that is used by consumers across the world.

Some examples of international economic organizations involved in global economy and trade are;

- World Trade Organization (WTO).

- United Nations (UN).

- International Monetary Fund (IMF).

Trade can be defined as a process which typically involves the buying and selling of goods and services between a producer and the customers (consumers) at a specific period of time.

Language is not the most complex challenge global marketers face because they can be translated easily through the use of a software application, an interpreter or simply through the use of other forms of communication.

To help farmers and workers in developing nations secure trade deals is known as:

A. Real Trade
B. Domestic Trade
C. Fair Trade

Answers

fair trade should be the correct answer

Identify and explain reasons why communication will be difficult in a business that has a Tall Organization structure?
help!!! :(​

Answers

Answer:

Because there will be so many people, nobody will have time to talk, business will be booming, and there will be a lot more people. Nobody will want to stay, because its a big business, but small businesses, are a lot smaller (ofc) and people will be connected more, then having hundreds of people.

Explanation:

When looking for a job, how many hours a week should a person spend looking?

forty hours/week
twenty hours/week
ten hours/week
five hours/week

Answers

Answer:

40 hours a week

Explanation:

I have heard before to spend 6 hours a day looking for jobs. i answered 40 hours for each week and got it right.

`What type of market structure exists for the fast food industry?

Answers

Answer:

http://sellsidehandbook.com/2018/10/08/understanding-market-structure-perfect-competition-monopoly-and-monopolistic-competition/

Explanation:

How is a game restarted if the ball is kicked out of bounds over the goal-line by the defensive team in soccer?

Answers

Answer:

If the ball goes over the goal line (end line), but not into the goal, and was last touched by the attacking team, it is put back into play by the defending team with a goal kick.

SCIENCE
list 5 situations each on how thermal energy can be useful and harmful​

Answers

Explanation:

Uses:

-Cooking

-Heating

-Smoking

-Cooling

-cheap to use

Harmful:

-Can cause high temperatures; cause heat boils, heat stroke

-Pollution of damaging eater ecosystems

-Can only be constructed in areas where temperatures below the earth's surface.

-Needs extensive research

-Can be forced to operate in relatively remote areas

A graph titled Change in U S Unemployment and Inflation from 1971 to 2001 has the year on the x-axis and percentage change on the y-axis, from 0 to 8 percent. From 1971 to 1976, both unemployment rate and inflation increased. From 1981 to 2001, both decreased.
According to the graph, 1971 to 1976 was a period of stagflation due to

rising unemployment and inflation.
falling unemployment and inflation.
rising unemployment and falling inflation.
falling unemployment and rising inflation.

Answers

Answer:

A) rising unemployment and inflation.

Explanation:

EDG2021 - i got it right

According to the graph of the given case, the main reason of occurring the stagflation between 1971 and 1976 was due to the result of increased unemployment and inflation.

What is inflation?

Inflation means the increment in the price of goods and services crossways to an economy When the general price level rises, each unit of currency buys fewer products and services; as a result, inflation matches a failure of money's buying power.

According to the graph of given case, it is understandably comprehended that from year 1971 to 1976, there is an unremitting addition in the price of goods and services, and as a result of that unemployment level also raises.

Therefore, option A is correct.

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You work on salary. Normally, you make $375.00 a week. This week you worked 52 hrs.
How much is your gross pay?

Answers

Answer:

658

Explanation:

Click to review the online content. Then answer the question(s) below, using complete sentences. Scroll down to view additional questions.
Online Content: Site 1
Online Content: Site 2

You can use this area to write your thank-you letter if needed.

Answers

Answer:

drive to the facility prior to your interview date so you know how to get they and approximately how long it will take.

Explanation:

Answer:

Hi [Interviewer Name], Thank you so much for meeting with me today. It was such a pleasure to learn more about the team and position, and I'm very excited about the opportunity to join [Company Name] and help [bring in new clients/develop world-class content/anything else awesome you would be doing] with your team.

I look forward to hearing from you about the next steps in the hiring process, and please dont hesitate to contact me if i can provide additional information.

Best regards,

[your name]

Explanation:

edg 2022

Identify three strengths of each human service delivery system?

Answers

Answer:

hope it helps

Explanation:

The Medical Model. is the oldest of the three models. Looks at symptoms, illness and sickness.

The Public Health Model. Looks at how illness affects population. Focus is on education, prevention and nutrition.

The Human Service Model. Looks at the client and their environment

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