B18 B C 1000 600 52 72 $ $ $ $ 121 50 A 1 demand mean 2 demand stddev 3 production cost 4 wholesale price 5 final price 6 salvage value 7 Cu 8 Co 9 Critical ratio 10 Prob demand within 25% of mean 11 Prob demand more than 40% of mean 12 optimal order quantity 13 Expected lost sales if Q=Q* 14 Expected sales 15 Expected leftover inventory 16 Expected profit for Flextrola 17 Expected profit for Solectric 18 1011.90 19 Elextrola Inc, an electronics systems integrator, is planning to design a key component for their 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 Selectrics prior to the beginning of its selling season. Elextrolats demand during the season is normally distributed with a mean of 1,000 and a standard deviation of 600. Solectrics production cost for the component is $52 per unit and it plans to sell the component for $72 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 $121 each. Flextrola can sell unsold inventory at the end of the season in a secondary electronics market for $50 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 Flextrela must dispose of excess inventory in the secondary market. a. What is the probability that Flextrola's demand will be within 25 percent of its forecast? b. What is the probability that Flextrola's demand will be more than 40 percent greater than its forecast? c. Under this contract, how many units should Flextrola order to maximize its expected profit? For remaining parts, assume Flextrola orders your answer in parte d. What are Flextrola's expected sales? e. How many units of inventory can Flextrola expect to sell in the secondary electronics market? g. What is Flextrola's expected profit? h. What is Solectrics' expected profit