A local club is selling Christmas trees and deciding how many to stock for the month of December
If demand is normally distributed with a mean of 100 and standard deviation of 20, trees have no salvage value at the end of the month, trees cost $20, and trees sell for $50 what is the service level?
A) .60
B) .20
C) .84
D) .40
E) unable to determine given the above information
A
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Indicate whether the statement is true or false
The main objective of rehabilitation alimony is to provide ________
A) permanent financial compensation to an elderly divorced spouse B) temporary financial reprieve until the spouse can rejoin the workforce C) financial support for the spouse until he or she dies D) financial aid for spouses who have no chance of rejoining the workforce
The time horizon of the operation phase is typically
A) quarterly or yearly. B) weekly or daily. C) monthly or quarterly. D) over the next several years.
The stage of the product life cycle characterized by informative promotion but little customer awareness of a product is
A. market maturity. B. sales decline. C. market introduction. D. market growth. E. market extinction.