Question: Hello everyone can i get help with the following problem. Please use excel to solve the following problem How many units of each type of

Hello everyone can i get help with the following problem.

Hello everyone can i get help with the following

Please use excel to solve the following problem

How many units of each type of player should the electronics manufacturer order if the available capacity is 140,000? What is the expected profit?

16. An electronics manufacturer has outsourced production of its latest media players to a contract manufacturer in Asia. Demand for the players has exceeded all expectations, whereas the contract manufacturer has limited production capacity. The electronics manufacturer sells three types of players-a 40-GB player, a 20-GB player, and a 6-GB player. For the upcoming holiday season, the demand forecast for the 40 -GB player is normally distributed, with a mean of 20,000 and a standard deviation of 7,000 , the demand forecast for the 20 -GB player has a mean of 40,000 and a standard deviation of 11,000 , and the demand forecast for the 6-GB player has a mean of 80,000 and a standard deviation of 16,000. The 40-GB player has a sale price of $200, a production cost of $100, and a salvage value of $80. The 20-GB player has a sale price of $150, a production cost of $90, and a salvage value of $70. The 6 -GB player has a sale price of $100, a production cost of $70, and a salvage

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!