7 The cost for supply kits for a healthcare clinic is the sum of the supply kit cost, ordering cost, andinventory holding cost for the entire year. It is summarized by the following cost function for everypossible batch size, q, it can break up its year's worth of orders into:c(4) = 20000 + 24 +180000What is the optimal order batch size, the one that minimizes annual cost?Enter an integer onlyDQuestion 8At UTC mall in San Diego, monthly sales for the Tesla Model S obeys a normal distribution withmean of 200 cars and a standard deviation of 100 cars. What is the probability that this locationsells more than 800 cars during the next quarter (i.e., 3 months) assuming monthly sales areindependent? A small venture capitalist (VC) is hoping to make a big hit investment. The process it follows isdescribed:1. It chooses a startup company in which to invest.2. The outcome of the startup company is revealed. Specifically:o There is a 50% chance of it failing after 1 year• There is a 25% chance of it failing after 4 yearso There is a 25% chance of it becoming a big hit after 5 years3. If the outcome is a failure, the VC invests in another startup and starts the process over. If theoutcome is a big hit, the process ends.What is the expected number of years until the VC finally has one of its investments turn into a bighit?Enter an integer only

Name: 7 The cost for supply kits for a healthcare clinic is the sum of the s
Uploaded: 2024-03-20T07:06:41.000Z
Channel: Bartleby
Description: 7 The cost for supply kits for a healthcare clinic is the sum of the supply kit cost, ordering cost, andinventory holding cost for the entire year. It is summarized by the following cost function for everypossible batch size, q, it can break up its y