Which of the following is omitted in the calculation of GDP?
A) Pension paid to retired workers B) Export of goods
C) Capital depreciation D) Interest paid on bank deposits
C
Economics
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Demand for a product is constant, but the lead-time fluctuates. The demand during the lead-time is normally distributed with a mean of 40 and a standard deviation of 4. If the company wishes to maintain a 90 percent service level, about how much safety stock should be held? (NOTE: due to possible variations in reading the Z value off the Normal curve appendix, choose the answer option below that is closest to the number you obtain)
a. 45.12 b. 41.28 c. 1.28 d. 5.12 e. none of the above
Economics
Table 9.2 represents 3 markets for used guitars. Which of the markets in Table 14.2 are in equilibrium?
A. 1 only B. 2 only C. 3 only D. 2 and 3
Economics