Select the type of job best demonstrated in each example. Mimi works at least forty hours every week as a Petroleum Engineer. Fabian is paid the same amount each week for his work as a Solar Energy Installation Manager, even though the number of hours he works is a little different every week. Hiram is hired as a Meter Reader, even though he doesn't have any experience with that kind of job. Lynette works for a company that sets up a retirement plan for her.

M. cotteleer electronics supplies microcomputer circuitry to a company that incorporates microprocessors into refrigerators and other home appliances. one of the components has an annual demand of 235 units, and this is constant throughout the year. carrying cost is estimated to be $1.25 per unit per year, and the ordering (setup) cost is $21 per order. a) to minimize cost, how many units should be ordered each time an order is placed? b) how many orders per year are needed with the optimal policy? c) what is the average inventory if costs are minimized? d) suppose that the ordering cost is not $21, and cotteleer has been ordering 125 units each time an order is placed. for this order policy (of q = 125) to be optimal, determine what the ordering cost would have to be.