Question: 5 Warded Flextrola, Inc., an electronics systems Integrator, is planning to design a key component for its next-generation product with Solectrics. Flextrola will integrate the
"5 Warded Flextrola, Inc., an electronics systems Integrator, is planning to design a key component for its next-generation product with Solectrics. Flextrola will integrate the component with some software and then sell it to consumers. Given the short life cycles of such products and the long lead times quoted by Solectrics, Flextrola only has one opportunity to place an order with Solectrics prior to the beginning of its selling season. Flextrola's demand during the season is normally distributed with a mean of 1.200 and a standard deviation of 600. Use Table 13.4. Figure 13.15.jpg. Figure 13.16.jpg Solectrics' production cost for the component is $52 per unit, and it plans to sell the component for $75 per unit to Flextrola. Flextrola Incurs essentially no cost associated with the software Integration and handling of each unit. Flextrola sells these units to consumers for $124 each, Flextrola can sell unsold inventory at the end of the season in a secondary electronics market for $49 each. The existing contract specifies that once Flextrola places the order, no changes are allowed to it. Also, Solectrics does not accept any returns of unsold inventory, so Flextrola must dispose of excess inventory in the secondary market. If a part of the question specifies whether to use Table 13.4, or to use Excel, then credit for a correct answer will depend on using the specified method. What is the probability that Flextrola's demand will be within 25% of its forecast? 0.3820 (Round your answer to 4 decimal places.) What is the probability that Flextrola's demand will be more than 40% greater 0.2120 than Flextrola's forecast? Use Excel (Round your answer to 4 decimal places) Under this contract, how many units should Flextrolo order to maximize its 1,645 expected profit? Use Table 13.4. a. Use Excel b. c. d. 291.82 it Flextrola orders 1200 units, how many units of Inventory can Flextrola's expect to sell in the secondary electronics market? Use Table 13.4 (Round your answer to 2 decimal places.) If Flextrola orders 1200 units, what are expected sales? (Round your answer to 2 decimal places.) 0. 1.108.18 f. If Flextrola orders 1200 units, what is expected profit? (Round your answer to 2 decimal places.) S 51,900.96 Z F1z) -4.0 .0000 0000 -3.9 .0000 0000 -3.8 0001 .0000 -37 .0001 0000 -3,6 .0002 0.0000 -3.5 .0002 0.0001 -3.4 .0003 .0001 -33 0005 0001 -3.2 0007 .0002 -3.1 .0010 .0003 -3.0 .0013 0004 -2.9 .0019 .0005 -28 .0026 C0008 -2.7 0035 .0011 2.6 10047 0015 -2.5 .0062 0020 -2.5 .0062 .0020 -2.4 0082 ,0027 -2.3 .0107 0037 -22 0139 0049 -2.1 0179 0065 -2.0 0228 .0085 -1.9 .0287 0111 -1.8 .0359 a 0143 -1.7 0446 0183 -16 .0548 .0232 -1.5 .0668 .0293 -1.4 .0808 .0367 -13 .0968 0455 -1.2 1151 0561 -11 1357 0686 -1.0 .1587 0833 -0.9 1841 1004 -0.9 Question 16 Chapter 13 Quiz-Corn Table 124 1841 1004 -0.8 2119 1202 -0.7 2420 1429 -0.6 2743 1687 -0.5 3085 1978 -0.4 3446 2304 -0.3 3821 2668 -0.2 4207 3069 -01 4602 3509 0 5000 3989 1 5398 4509 2 .5793 5069 3 .6179 5668 4 6554 6304 5 6915 .6978 6 7257 .7687 7 7580 8429 8 7881 9202 .9 8159 1.0004 1.0 .8413 1.0833 1.1 .8643 1.1686 12 .8849 1.2561 1.3 .9032 1.3455 1.4 .9192 14367 1.5 .9332 1.5293 1.6 9452 1.6232 1.7 9554 1.7183 1.8 .9641 1.8143 1.9 9713 1.9111 2.0 9772 2.0085 2.1 9821 2.1065 2.2 9861 2.2049 23 9893 23037 2.4 9918 2.4027 2.5 9938 2.5020 2.6 9953 2.6015 2.4 9918 2.4027 2.5 9938 2.5020 2.6 19953 2.6015 2.7 .9965 2.7011 2.8 9974 2.8008 2.9 9981 2.9005 3.0 9987 3.0004 3.1 .9990 3.1003 3.2 9993 3.2002 3.3 9995 3.3001 3.4 .9997 3.4001 3.5 9998 3.5001 3.6 9998 3.6000 3.7 .9999 3.7000 3.8 9999 3.8000 3.9 1.0000 3.9000 4.0 10000 4,0000 2.4 9918 2.4027 2.5 9938 2.5020 2.6 19953 2.6015 2.7 .9965 2.7011 2.8 9974 2.8008 2.9 9981 2.9005 3.0 9987 3.0004 3.1 .9990 3.1003 3.2 9993 3.2002 3.3 9995 3.3001 3.4 .9997 3.4001 3.5 9998 3.5001 3.6 9998 3.6000 3.7 .9999 3.7000 3.8 9999 3.8000 3.9 1.0000 3.9000 4.0 10000 4,0000