CBK Test Questions With 100% Verified
Answers.
The formula for conditional probability - answerThe equation P(A/B)= P(AB)/P(B) is
.900 - answerSuppose that 10 golfers enter a tournament and that their respective skill levels
are approximately the same. Six of the entrants are female and two of ...
7 - answer✔Sales for boxes of Girl Scout cookies over a 4-month period were forecasted as
follows: 100, 120, 115, and 126. The actual results over the 4-month period were as follows:
110, 114, 119, 115. What was the MAD of the 4-month forecast?
levels for finished goods are a direct function of demand, includes raw materials, work-in-
process, and finished goods, is any stored resource used to satisfy current or future need, and
needs from raw materials through finished goods can be reasonably determined, once finished
goods demand is determined - answer✔Inventory
$1,200 - answer✔R. C. Barker makes purchasing decisions for his company. one product that he
buys costs $50 per unit when the order quantity is less than 500. When the quantity ordered is
500 or more, the price per unit drops to $48. The ordering cost is $30 per order and the annual
demand is 7,500 units. The holding cost is 10% of the purchase cost. If R.C. orders 500 units
each time he places an order, what would the total annual holding cost be?
184 pizzas - answer✔Judith Thompson is the manager of the student center cafeteria. She is
introducing pizza as a menu item. The pizza is ordered frozen from a local pizza establishment
and baked at the cafeteria. Judith anticipates a weekly demand of 10 pizzas. The cafeteria is open
45 weeks a year, 5 days a week. The ordering cost is $15 and the holding cost is $.40 per pizza
per year. What is the optimal number of pizzas Judith should order?
none of the above - answer✔consider the following linear programming problem:
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