Question

You operate a store that sells sports equipment and you need to place your yearly order for ski jackets. The retail price of a jacket is $600. Your cost is $120 and worst case, you can discount it for $60. You estimate that yearly demand is 200 units with a standard deviation of 60 units. How many should you buy for this season?

Mar 9, 2015

80

Mar 9, 2015

89

Mar 9, 2015

273.2

Mar 7, 2016

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