fashionx is a franchise of xquisite , , a famous brand of fashionable women's clothing. Consider a
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fashionx is a franchise of xquisite , a famous brand of fashionable women's clothing. Consider a particular summer dress for which the seasonal demand forecast is a normal distribution with mean 2160 and standart deviation 610. Xquisite offers this dress to fashionx at 181$ per unit. Fashionx estimates an average regular selling price of 259$ and end−of season clearence of 75%.Using the in−season quick delivery capability provided by xquisite, determine how many dresses fashionx should order to maximize the total supply chain profit. What is the resulting expected total supply chain profit? Please do the calculations.
Related Book For
Introduction to Operations Research
ISBN: 978-1259162985
10th edition
Authors: Frederick S. Hillier, Gerald J. Lieberman
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