Use the Following Stock Quotes to Answer This Question $\text { 52-WEEK }$

question 95

Multiple Choice

Use the following stock quotes to answer this question:
$\text { 52-WEEK }$
$\begin{array}{lccccc} \text{ Company} & \text{ Volume} & \text{ Close} & \text{ Chg }& \text{ High }& \text{ Low } \\ \text{ Aldridge, Inc.} & 32,653,080 & 34.50 & -.20 & 41.60 & 33.90 \\ \text{ Baker Co.} & 11,508,900 & 78.10 & -2.30 & 82.30 & 74.60 \\ \text{ Chelsea, Inc. }& 51.873,450 & 48.20 & 4.10 & 48.60 & 29.40\end{array}$

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A pension fund purchased 25 round lots of Chelsea, Inc., stock at the closing price of the day yesterday. What was the cost of that purchase?

Analyze inventory and order policies for optimal operations.

Calculate and interpret average times in queueing systems.

Develop random number intervals based on probability distributions.

Estimate demand using historical data and probability distributions.

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Definitions:

Disposable Income

The spendable income of households after income tax deductions tailored for saving and spending.

Disposable Income

The financial resources meant for household spending and saving after settling income taxes.

Saving

The act of setting aside a portion of current income for future use, either by holding the funds in cash or investing them.

Disposable Income

Spendable and savable funds available to households after the deduction of income taxes.