Question: PLEASE ANSWER ALL THREE QUESTIONS, very badly need them. Using the sample data given in Exhibit 10, 1. How many units of each style should
PLEASE ANSWER ALL THREE QUESTIONS, very badly need them.
Using the sample data given in Exhibit 10,
1. How many units of each style should Wally Obermeyer order during the initial phase of production. Assume that all ten styles in the sample problem are made in Hong Kong, and that Obermeyers initial production commitment must be at least 10,000 units. (Ignore price differences and minimum order quantities among styles in your initial analysis). Come up with a measure of risk associated with your ordering policy. This measure should be quantifiable. You should be able to explain the logic, i.e., why would you order more or less of one item versus another.
- How will price differences affect the first period order decisions? No quantifiable measure is needed. All I want you to do here is explain your logic.
- What operational changes would you recommend to improve performance?
Note: You should hand in a 2 - 3 page write-up plus exhibits

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