Chicago's hard rock hotel distributes a mean of 1,000 bath towels per day to guests at the pool and in their rooms. this demand is normally distributed with a standard deviation of 100 towels per day, based on occupancy. the laundry firm that has the linens contract requires a 2-day lead time. the hotel expects a 98% service level to satisfy high guest

expectations.

a) what is the safety stock?

b) what is the rop?

25. kerry company plans to sell 200,000 units of finished product in july and anticipates a growth rate in sales of 5% per month. the desired monthly ending inventory in units of finished product is 80% of the next month's estimated sales. there are 150,000 finished units in inventory on june 30. kerry company's production requirement in units of finished product for the three-month period ending september 30 is: a. 712,025 units b. 630,500 units c. 664,000 units d. 665,720 units

1) u.s. real gdp is substantially higher today than it was 60 years ago. what does this tell us, and what does it not tell us, about the well-being of u.s. residents? what are the limitations of the gdp as a measure of economic well-being? given the limitations, why is gdp usually regarded as the best single measure of a society’s economic well-being? 2) what is an intermediate good? how does an intermediate good differ from a final good? explain why it is the case that the value of intermediate goods produced and sold during the year is not included directly as part of gdp, but the value of intermediate goods produced and not sold is included directly as part of gdp.

Vendors provide restaurants with what? o a. cooked items ob. raw materials oc. furniture od. menu recipes