Daily demand for a product is 100 units, with a standard deviation of 10 units. The review period is 20 days and the lead time is 5 days. At the time of review, 10 units are in stock. The demand will be satisfied 97.97% of the time, and there is a 2.28 % risk of stocking out. Hint: find Z where area under the curve = 0.9772How many umits should be ordered?

an important city to the south and the region's capital is c. kiev

answer: in the short-run firms will respond by raising the price of turkey.

explanation: initially the long-run equilibrium is at a price of $5 per pound of turkey and a quantity of 50 million pounds per year. now, when webmd claims that a protein found in turkey will increase your expected lifespan by 4 years. the consumers demand for turkey will increase at every price shifting the demand curve to the right from d1 to d2. while, there will be no change in the supply curve in the short-run as it is not possible for producers to adjust supply so quickly. as a result the new equilibrium will occur at a higher price and a higher quantity of turkey.

thus, in the short run firms will respond by increasing the price of turkey, selling more quantity at a higher price and earning economic profits.