Acompany uses the newsvendor model to manage its inventories and faces normally distributed demand with a coefficients of variation=0.75. the company decides to order a quantity that exactly equals the mean of its demand forecast. which of the following is true regarding this company’s performance measures?
a. there is a 0.50 probability that there is enough inventories to serve all demand.
b. expected inventory equals 50% of the mean of the demand forecast.
c. the stockout probability is 25%

The manager of a branch office of banco mexicali observed that during peak hours an average of 20 customers arrives per hour and that there is an average of 6 customers in the branch office at any time. how long does the average customer spend waiting in line and being serviced?

Which term best fits the sentence? is the process of reasoning, analyzing, and making important decisions. it’s an important skill in making career decisions. a. critical thinking b. weighing pros and cons c. goal setting

John has served as the chief operating officer (coo) for business graphics, inc., a publicly owned firm, the past 5 years. which of the following statements about john is correct? both john and the ceo of business graphics must certify to the sec that the firm's financial statements are accurate. as the coo, john will be ranked higher than the ceo but still below the cfo. in john's postition as the coo, it is highly unlikely that he would also be the chairperson of the board of directors. as the coo, john would typically be involved with accounting, finance, and asset purchase decisions.