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Below is a histogram of how much money was spent last week for food by a random sample of college students. The median of this distribution is $30. That indicates that:

Wal-Mart sells 10,000 cases of soda each year. The manager is trying to determine how many cases of soda should be ordered each time an order is placed with the supplier. Ordering cost is $5 per order. The annual carrying cost per case is 20% of its purchase price. The soda supplier offers Walmart the schedule of quantity discounts shown in the table below. No. of cases ordered Purchase Price per case 1 ≤ Q < 200 $7.0 200 ≤ Q

The inventory on hand, and the product structure tree, for a certain product are given below. LT refers to lead time in weeks and the number in brackets ( ) refers to the number of units required.  If 60 units of A are required, how many additional units of C should be ordered Component A B C D E F Inventory on Hand 15 10 25 30 10 15  Picture3(1)(2).png

The AOA network for a certain project is given in the graph below with the task durations (in days) in the table beneath it. The activities d1 and d2 are dummy activities. The predecessors for activity e are: Activity a b c d e f g h Duration 6 15 10 5 3 1 9 8 Capture(1)(2).GIF

The business analyst for Movie Sales, Inc. wants to forecast this year’s demand for Movies based on the following historical data: Time Period Demand 5 years ago 200 4 years ago 600 3 years ago 300 2 years ago 500 Last year 700 What is the forecast for this year using a three-year weighted moving average with weights of .5 (for the most recent observation), .3, and .2?

A manager has been using a certain technique to forecast demand for gallons of ice cream for the past six periods. Actual and forecasted amounts are shown below. Period Demand Forecast 1 85 75 2 96 100 3 102 105 4 85 87 5 74 68 6 69 65 If the errors are assumed to be normally distributed with CL=0, LCL= -4.5 and UCL= +4.5, in which period are the errors out of control?

The AOA network for a certain project is given in the graph below with the task durations (in days) in the table beneath it. The activities d1 and d2 are dummy activities. How many paths are there from start to finish? Activity a b c d e f g h Duration 6 15 10 5 3 1 9 8 Capture(1)(2).GIF

A manager has been using a certain technique to forecast demand for gallons of ice cream for the past six periods. Actual and forecasted amounts are shown below. Period Demand Forecast 1 85 75 2 96 100 3 102 105 4 85 87 5 74 68 6 69 65 What is the MAD for this forecasting technique?