Flextrola, Inc., an electronic systems integrator, plans to design a key component for its next-generation product with
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Question:
A. What is the probability that Flextrola's demand is within 25% of its forecast?
B. What is the probability that demand for Flextrola is more than 40% greater than Flextrola's forecast?
C. According to this contract, how many units should Flextrola order to maximize its expected profit?
D. If Flextrola orders 1,200 units, how many units of inventory can Flextrola expect to sell in the secondary electronic market?
E. If Flextrola orders 1,200 units, what are the expected sales?
F. If Flextrola orders 1,200 units, what is the expected utility?
Related Book For
Matching Supply with Demand An Introduction to Operations Management
ISBN: 978-0073525204
3rd edition
Authors: Gerard Cachon, Christian Terwiesch
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