A university had forecasted its new enrollment at 2,000 students and ordered 2,200Inspiring Minds unisex t-shirts at

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A university had forecasted its new enrollment at 2,000 students and ordered 2,200"Inspiring Minds" unisex t-shirts at a bulk price of $13.10 each, to be included in each student's welcome package (the extra 200 were an initial safety order). The final enrollment is 2,500 students, and now the missing 300 t-shirts must be backordered at an increased price of $21.54 each. What is the university's regret to not have chosen an initial safety order of 500?

Posted Date: Nov 17, 2021 11:05 AM

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A university had forecasted its new enrollment at 2,000 students and ordered 2,200Inspiring Minds unisex t-shirts at

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Cost of one T shirt at safety stock level of 500 t sh... View the full answer

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