You have a one-time chance to purchase an item for 11 the, Ask an Expert

Management Studies

You have a one-time chance to purchase an item for $11. The item can be sold to customers for $62.

After one day, the item has no salvage value because it becomes rotten at the end of the day.

It will then cost you $29 to property dispose of any unsold items. You think you can sell 2, 900 units in one day. but you also know that the standard deviation of demand for the item is 50 units.

How many units should you order?

View complete question

Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92716594

Have any Question?Write your Review or question?

Related Questions in Operation Management

Do an analysis on the external environment surrounding sony

Do an analysis on the external environment surrounding Sony Corporation, including a PEST Analysis, Analysis of Porter's Five Competitive Forces, and Analysis of Core Competencies. PEST Analysis: Political, Economic, Soc ...

1 you are a supervisor or manager are there some people who

1. You are a supervisor or manager. Are there some people who simply can’t be motivated at work? Discuss. 2. Determine the past, present, and likely future of the eBay company and the company's track record with that ind ...

Assignmentfor most goods and services bought and sold in a

Assignment For most goods and services bought and sold in a marketplace, prices are determined by supply and demand. Exchange rates are no different. Absent government or central bank interference, the supply of and dema ...

Ghg bellfast a shipyard company employed a female welder

GHG Bellfast, a shipyard company, employed a female welder. She was harassed by certain male employees. The men drew obscene graffiti directed at the victim all over the plant. They also made numerous suggestive and offe ...

Research at least two articles on the topic of information

Research at least two articles on the topic of Information systems infrastructure: evolution and trends. Write a brief synthesis and summary of the two articles. How are the topics of the two articles related to the topi ...

-think of a hotel stay you have had in the last five to 10

-Think of a hotel stay you have had in the last five to 10 years that was especially memorable. Based on that experience, create a list of best practices concerning structure that all hotels should adopt to improve custo ...

How to determine the expected value of a project explain

How to determine the expected value of a project. Explain whether a proposed project is easily quantified or whether you will need to use some non-numeric information for calculating the value of the project. Include the ...

1 give two forms of primary research you would use for

1. Give two forms of primary research you would use for Google to help with strategy planning. 2. Give two forms of secondary research you would use to help strategy planning. 3. How does your hospital work with their st ...

Garden variety flower shop uses 890 clay pots a month the

Garden Variety Flower Shop uses 890 clay pots a month. The pots are purchased at $3.70 each. Annual carrying costs per pot are estimated to be 50 percent of cost, and ordering costs are $30 per order. The manager has bee ...

1 in 250 words list the five potential benefits of b2b

1. In 250 words, List the five potential benefits of B2B e-commerce. Are there any disadvantages? Please share some examples. 2. In your opinion, what are the criteria for a successful meeting preparation, organization a ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Operation Management Expert