Using the information below, calculate the number of pounds needed to serve a forecasted weekly customer count of 2,100 covers.

ITEM

STANDARD PORTION

EDIBLE YIELD %

SALES MIX %

Steak

10 oz.

75%

32%

Lamb Loin

6 oz.

40%

22%

Baked Ham

6 oz.

65%

28%

Veal Loin

5 oz.

75%

18%

The law of demand is the assertion that ?

On january 1, vermont corporation had 40,000 shares of $10 par value common stock issued and outstanding. all 40,000 shares has been issued in a prior period at $20.00 per share. on february 1, vermont purchased 3,750 shares of treasury stock for $24 per share and later sold the treasury shares for $21 per share on march 1. the journal entry to record the purchase of the treasury shares on february 1 would include a credit to treasury stock for $90,000 debit to treasury stock for $90,000 credit to a gain account for $112,500 debit to a loss account for $112,500

Ashop owner uses a reorder point approach to restocking a certain raw material. lead time is six days. usage of the material during lead time is normally distributed with a mean of 42 pounds and a standard deviation of four pounds. when should the raw material be reordered if the acceptable risk of a stockout is 3 percent?