Company A orders three different winter boots from the same supplier. Demands for all three boots...

 

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Company A orders three different winter boots from the same supplier. Demands for all three boots are normally distributed. The company has a limited purchase budget of $100.000. The characteristics of the boots are Selling Price $50 Salvage Value $25 $40 $100 $200 $80 Item WB1 WB2 WB3 Unit Cost $30 $50 $100 Calculate the order quantities of the three items by taking the limited budget into account. Mean Demand 1000 600 400 Demand Std Dev 250 200 100 Company A orders three different winter boots from the same supplier. Demands for all three boots are normally distributed. The company has a limited purchase budget of $100.000. The characteristics of the boots are Selling Price $50 Salvage Value $25 $40 $100 $200 $80 Item WB1 WB2 WB3 Unit Cost $30 $50 $100 Calculate the order quantities of the three items by taking the limited budget into account. Mean Demand 1000 600 400 Demand Std Dev 250 200 100

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