Weekly demand for private label washing machines at Home Depot is normally distributed with a mean of 187 and a standard deviation of 35. Home Depot currently has a supply source in China that delivers machines at a cost of $400, and the shipping charge is $5000 each time. The lead time from this supplier is normally distributed with a mean of 5 weeks and a standard deviation of 2 weeks. A US local supplier has offered to deliver washing machines with a guaranteed lead time of one week at a cost of $220, and the shipping charge is $1000 each time. Home Depot has a holding cost of 25% and targets a cycle service level of 99%. Required:
Should Home Depot accept the local supplier's offer?

1. list five staple convenience goods that you or your household buys on a regular basis. (you do not need to use complete sentences. 2.5 points) 2. list three impulse convenience goods that you or someone you know has purchased. (you do not need to use complete sentences. 2.5 points) 3. describe a shopping good that you or someone you know purchased. what kind of research did you or that person do before buying the product? (1-5 sentences. 3.0 points) 4. choose an example of a company you could start, and decide which business structure would make the most sense for that type of company (sole proprietorship, partnership, llc, c corporation, s corporation, or nonprofit corporation). explain why this structure would be good for this type of company. give at least 3 reasons. (3-6 sentences. 6.0 points) 5. if you were starting a new business, describe at least three departments to the company that you would need right away. why are these departments so important? (1-5 sentences. 3.0 points) 6. describe a product that you think has saturated its market. what makes you think it has saturated its market? (1-5 sentences. 3.0 points)