Question: Please note the numbers may change from one question to another. A publisher sells books to Barnes & Noble at $19 each. The unit cost

Please note the numbers may change from one
Please note the numbers may change from one
Please note the numbers may change from one
Please note the numbers may change from one
Please note the numbers may change from one
Please note the numbers may change from one question to another. A publisher sells books to Barnes & Noble at $19 each. The unit cost for the publisher is $3 per book. Barnes & Noble prices the book to its customers at $42 and expects demand over the next two months to be normally distributed, with a mean of 30,000 and a standard deviation of 8,000. Barnes & Noble places a single order with the publisher for delivery at the beginning of the two-month period. Currently, Barnes & Noble discounts any unsold books at the end of two months down to $2, and any books that did not sell at full price sell at this price. A plan under discussion is for the publisher to refund Barnes & Noble $3 per book that does not sell during the two-month period. Because Barnes & Noble shares the point-of-sales data with the publisher, the publisher does not require Barnes & Noble to return all unsold books for verification purpose. Thus, Barnes & Noble can still sell any unsold books at $2 each at the end of two month period. With the arrangement of the refund paid by the publisher for any unsold books, what is the unit underage cost for Barnes & Noble? A publisher sells books to Barnes & Noble who then sells the books to its customers. The expected demand over the next two months will be normally distributed, with a mean of 20,000 and a standard deviation of 6,000. Barnes & Noble places a single order with the publisher for delivery at the beginning of the two-month period and discounts any unsold books at the end of two months. A plan under discussion is for the publisher to refund Barnes & Noble certain amount per book that does not sell during the two- month period. Because Barnes & Noble shares the point-of-sales data with the publisher, the publisher does not require Barnes & Noble to return all unsold books for verification purpose. Thus, Barnes & Noble can still discount and sell any unsold books at the end of two month period. With the arrangement of the refund paid by the publisher, Barnes & Noble's unit underage cost and unit overage cost are $35 and $18, respectively, how many copies of the book should Barnes & Noble order from the publisher? 24472 17480 20000 A publisher sells books to Barnes & Noble who then sells the books to its customers. The expected demand over the next two months will be normally distributed, with a mean of 30,000 and a standard deviation of 8,000. Barnes & Noble places a single order with the publisher for delivery at the beginning of the two-month period and discounts any unsold books at the end of two months. A plan under discussion is for the publisher to refund Barnes & Noble certain amount per book that does not sell during the two- month period. Because Barnes & Noble shares the point-of-sales data with the publisher, the publisher does not require Barnes & Noble to return all unsold books for verification purpose. Thus, Barnes & Noble can still discount and sell any unsold books at the end of two month period. Suppose Barnes & Noble orders 34,160 books from the publisher and its expected lost sales is 1,534, how many books does Barnes & Noble expect to sell during the two month period? 28466 32626 6466 non A publisher sells books to Barnes & Noble who then sells the books to its customers. The expected demand over the next two months will be normally distributed, with a mean of 30,000 and a standard deviation of 8,000. Barnes & Noble places a single order with the publisher for delivery at the beginning of the two-month period and discounts any unsold books at the end of two months. A plan under discussion is for the publisher to refund Barnes & Noble certain amount per book that does not sell during the two- month period. Because Barnes & Noble shares the point-of-sales data with the publisher, the publisher does not require Barnes & Noble to return all unsold books for verification purpose. Thus, Barnes & Noble can still discount and sell any unsold books at the end of two month period. Suppose Barnes & Noble orders 34.160 books from the publisher and its expected lost sales is 1,534, how many books does Barnes & Noble expect to discount at the end of the two month period? 1534 4160 28466 0 A publisher sells books to Barnes & Noble at $22 each. The unit cost for the publisher is $3 per book. Barnes & Noble prices the book to its customers at $45 and expects demand over the next two months to be normally distributed, with a mean of 10,000 and a standard deviation of 3,000. Barnes & Noble places a single order with the publisher for delivery at the beginning of the two-month period. Currently, Barnes & Noble discounts any unsold books at the end of two months down to $2, and any books that did not sell at full price sell at this price. A plan under discussion is for the publisher to refund Barnes & Noble $4 per book that does not sell during the two-month period. Because Barnes & Noble shares the point-of-sales data with the publisher, the publisher does not require Barnes & Noble to return all unsold books for verification purpose. Thus, Barnes & Noble can still sell any unsold books at $2 each at the end of two month period. With the arrangement of the refund paid by the publisher, Barnes & Noble orders 10,900 books from the publisher. As a result, Barnes & Noble's expected lost sales, expected sales, and expected leftover inventory are 800, 9.200, and 1,700, respectively. What is Barnes & Noble's expected profit

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!