Steve's Shop Sells Seashells by the Seashore

question 38

Multiple Choice

Steve's shop sells seashells by the seashore.Steve desires to offer at least a 90 percent in-stock availability of shells for his customers.He sells 40 shells each day on average,with a standard deviation of 20.When he orders replenishments of shells,it typically takes one day for the supplier to deliver,with a standard deviation of one day.If Steve's holding cost is $0.50 per shell per year,how much money will he spend each year in holding costs in order to provide a 90 percent service level? (Pick the number closest to the correct answer.)

• A)$13
• B)$29
• C)$58
• D)$125

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The reproductive organs, especially those external, involved in sexual reproduction and bodily pleasure.

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The act of investigating or traveling through new areas for discovery or examination.

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Oral contraceptives used to prevent pregnancy by inhibiting ovulation, thickening the cervical mucus, and thinning the uterine lining.

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A form of sexual activity where the genitals of one partner are stimulated by the mouth of the other.