Question: Consider the following demand scenario: Quantity Probability ( % ) 2 , 0 0 0 3 2 , 1 0 0 8 2 , 2
Consider the following demand scenario:
Quantity
Probability
Suppose the manufacturer produces at a cost of Rs per unit. The distributor sells to end customers for Rs per unit during the season and unsold units are sold for Rs per unit after the season.
a What is the system's optimal production quantity under global optimisation?
b Suppose the manufacturer produces maketoorder units and sells to the distributor at Rs per unit. What is the expected profit?
c Explore and write a note on the various contractual options covered in the video for maketoorder supply chainConsider the following demand scenario Please refer to the attached image for table
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