Question: 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

Flextrola, Inc., an electronics systemsFlextrola, Inc., an electronics systems

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 1,500 and a standard deviation of 180. Flextrola purchases the component from Solectrics at a cost of $55 per unit. Flextrola incurs essentially no cost associated with the software integration and handling of each unit. Flextrola sells these units to consumers for $80 each. Flextrola can salvage unsold inventory at the end of the season in a secondary electronics market for $17 each. Please use the information provided above to answer Q9 - Q14. Question 12 2.5 pts The critical ratio you choose in the previous question implies that the newsvendor order quantity will be the mean demand. lower than O equal O higher than We cannot base on the critical ratio to determine the relation between the mean demand and the newsvendor order quantity. Question 13 5 pts What is the newsvendor order quantity Q? (Round UP your answer to the nearest integer) Note: you may use Excel to calculate the z value. The demonstration is in the Lecture 10, Part 4 video 2:56 - 3:49. Keep at least 2 decimals in the z value to ensure the accuracy of the final

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