Question: IMPORTANT: USE EXCEL SOLVER AND HOW STEP - BY - STEP, TEACHER SAID ANSWER IS 3 9 3 0 Benetton has entered into a quantity

IMPORTANT: USE EXCEL SOLVER AND HOW STEP-BY-STEP, TEACHER SAID ANSWER IS 3930
Benetton has entered into a quantity flexibility contract with a retailer for a seasonal product. If the retailer orders O units, Benetton is willing to provide up to another 35percent if needed. Benettons production cost is $20,and it charges the retailer a wholesale price of $36.The retailer prices to customers at $55per unit. Any unsold units can be sold by the retailer at a salvage value of $25.Benetton can salvage only $10per unit for its leftover inventory. The retailer forecasts demand to be normally distributed, with a mean of 4,000and a standard deviation of 1,600.a)How many units O should the retailer order?

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