Question: Every week Mary needs to decide how many units she needs for each item. She would like to estimate the weekly replenishment order size using
Every week Mary needs to decide how many units she needs for each item. She would
like to estimate the weekly replenishment order size using the annual sales data ie the
number of units sold for each item during that week Please calculate the estimate for
her and put the results in column G Label it Units Please keep decimal places if the
number is not an integer. You may assume a uniform demand function across the whole
year and each year has exactly weeks.
This information may be useful to you: Her profit margin is for all items and for
each item she always orders from the lowestpriced supplier. FYI profit margin is
defined as the ratio of profit revenue.
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