You are a newsvendor selling san pedro times every morning. before you get to work, you go to the printer and buy the day’s paper for $0.25 a copy. you sell a copy of san pedro times for $1.00. daily demand is distributed normally with mean = 250 and standard deviation = 50. at the end of each morning, any leftover copies are worthless and they go to a recycle bin. how many copies of san pedro times should you buy each morning?

The smelting department of kiner company has the following production and cost data for november. production: beginning work in process 3,700 units that are 100% complete as to materials and 23% complete as to conversion costs; units transferred out 10,500 units; and ending work in process 8,100 units that are 100% complete as to materials and 41% complete as to conversion costs. compute the equivalent units of production for (a) materials and (b) conversion costs for the month of november.