managment questions
turki200
question.docx
first question
Kroger at Scottsville Road makes fresh pumpkin pies each morning. The daily demand for these pies is a random variable with a distribution estimated from manager Mike’s experience given by
Number of pumpkin Probability
pies sold in one day
0 0.05
5 0.15
10 0.10
15 0.05
20 0.20
25 0.10
30 0.15
35 0.05
40 0.10
45 0.05
Mike knows that the cost of making one pumpkin pie is about $4. In the store, pumpkin pies are sold for $10 each. At the end of the day, unsold pumpkin pies are sold to Bowling Green food bank for $1 each. Determine the average number of pumpkin pies sold to Bowling Green food bank (Average Overstock).
A.
1
B.
2
C.
2.5
D.
3.5
E.
5.5
F.
7.5
G.
8.5
H.
10
I.
12.5
J.
15
K.
17.5
L.
20.5
second question
Question 22
Kroger at Scottsville Road makes fresh pumpkin pies each morning. The daily demand for these pies is a random variable with a distribution estimated from manager Mike’s experience given by
Number of pumpkin Probability
pies sold in one day
0 0.05
5 0.15
10 0.10
15 0.05
20 0.20
25 0.10
30 0.15
35 0.05
40 0.10
45 0.05
Mike knows that the cost of making one pumpkin pie is about $4. In the store, pumpkin pies are sold for $10 each. At the end of the day, unsold pumpkin pies are sold to Bowling Green food bank for $1 each. Determine the average number of customers turned away (Average Understock).
A.
1
B.
2
C.
3.5
D.
5.5
E.
7.5
F.
8.5
G.
10.5
H.
12.5
I.
15
J.
17.5
K.
18.5
L.
20.5
Question 16
Kroger at Scottsville Road makes fresh pumpkin pies each morning. The daily demand for these pies is a random variable with a distribution estimated from manager Mike’s experience given by
Number of pumpkin Probability
pies sold in one day
0 0.05
5 0.15
10 0.10
15 0.05
20 0.20
25 0.10
30 0.15
35 0.05
40 0.10
45 0.05
Mike knows that the cost of making one pumpkin pie is about $4. In the store, pumpkin pies are sold for $10 each. At the end of the day, unsold pumpkin pies are sold to Bowling Green food bank for $1 each. How many pumpkin pies should Kroger make at the start of each day?
A.
0
B.
5
C.
10
D.
15
E.
20
F.
25
G.
30
H.
35
I.
40
J.
45
