Question: Parameter Notation Value Unit purchase cost (incl. transportation, etc.) C $ 290.0 Unit sales price SP $ 529.0 Unit salvage value G $ 149.9 Cost

Parameter Notation Value
Unit purchase cost (incl. transportation, etc.) C $ 290.0
Unit sales price SP $ 529.0
Unit salvage value G $ 149.9
Cost of overstocking Co $ 140.10
Cost of understocking Cu $ 239.00
Average demand/season D 12,642
Std. deviation of demand/season sD 3,900
1) How many units of the netbook should the retailer order (keeping in mind that the goal is to minimize total costs)?
Answer: units

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