Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

A department store will place a sale item in a special display for a one-day sale. Previous experience suggests that 32 percent of all customers who pass such a special display will purchase the item. If 2,824 customers will pass the display on the day of the sale, and if a one-item-per-customer limit is placed on the sale item, how many units of the sale item should the store stock in order to have at most a 1 percent chance of running short of the item on the day of the sale? Assume here that customers make independent purchase decisions. (Round your answer to nearest whole number.)

Number of units

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M92038067

Have any Question?


Related Questions in Operation Management

1 free trade agreements fta between nations have

1. Free trade agreements (FTA) between nations have proliferated in recent times, however they have not been universally well received. Discuss the major arguments for and against FTAs, focusing particularly on their eff ...

1 weberrsquos rules for organizations will be followed

1. Weber’s rules for organizations will be followed precisely for all projects. True False 2. A project manager with team members from various units will vie with the functional managers of the team for influence over th ...

You work for a us-based company in the soft drink industry

You work for a U.S.-based company in the soft drink industry (think Coke or Pepsi with a healthy, organic spin). Your company is considering expansion into parts of the European Union and you've been tasked with gatherin ...

Assignmentvisit the free personality test websites there

Assignment Visit the Free Personality Test websites. There you will find a variety of personality tests such as "Are you a Type A?"; the "Stress O Meter"; and other IQ and personality tests. Most are free and often fun t ...

1 what is the major advantage of an s corporation what are

1. What is the major advantage of an S corporation, what are the disadvantages? 2. If you had a business today would you invest in the BOP market? Why or Why not? 3. Porters Five forces Analysis for Microsoft Corporation ...

Solve the following problems showing your workvicky is one

Solve the following problems showing your work. Vicky is one of 25 sales reps for Student Painters Inc., a local house painting service in Uburbia. Vicky's territory has a sales potential of $4,900,000, which is 5.0% of ...

Write atleast 1500 words on your synthesis of ideas

Write atleast 1,500 words on your Synthesis of Ideas presented in the film “Disclosure” to those Leadership concepts and ancilliary Theories. Examine and dissect the type of Leadership Styles, characteristics demonstrati ...

1 social profiles and crowdsourced ratings can improve

1) Social profiles and crowdsourced ratings can improve trust, but they can also create opportunities for fraud and discrimination. Give examples of where this technology may have negative ethical implications, and discu ...

New wave music is an international company that develops

New Wave Music is an international company that develops music software that is used to compose music, play recordings in clubs, and produce albums. Founder and CEO Moritz Halbach is the company’s biggest fan. He said “I ...

Course business intelligencechapter enterprise

Course: Business Intelligence Chapter: Enterprise Applications: Business Communications Need Answers for below DQ(Discussion Questions) 300 words, APA 6 edition, No palgiarism, use 3 references for each DQ and in-text ci ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As