Question: I need the answer ASAP please Question 20 (6 points) Compute the critical fractile value (CFV) (enter CFV in blank #1) and determine the best

I need the answer ASAP please

Question 20 (6 points) Compute the critical fractile value (CFV) (enter CFV in blank #1) and determine the best retailer stocking policy (enter in blank #2) under a simple pricing mechanism using the following data: Demand Probability 0 0.3 500 0.4 1000 0.3 Manufacturer cost Wholesale Price (aka Retail cost) Customer Price 2.00 5.00 10.00 Blank # 1 A Blank # 2 Question 21 (8 points) Advanced Machine Company averaged $3 million in inventory last year, and the cost of goods sold was $12 million. The best inventory turnover in the company's industry is five turns per year. The company has 52 business weeks per year. In blank #1: How many weeks of supply were held in inventory? In blank #2: What was the inventory turnover? In blank #3: Is the company doing better or worse than the industry? In blank #4: What should the company do? Blank # 1 A Blank # 2 Blank #3 Blank #4 Question 22 (3 points) A retailer wants options for how much Inventory to purchase during the season based on early in the season reactions from the market. What type of contract would you best recommend the retailer enter into with the supplier

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