Question: Question 19 (2 points) ABC Inc collected their forecast and actual demand data for winter tires and computed Actual to Forecast (i.e. A/F) ratio. The

Question 19 (2 points) ABC Inc collected their

Question 19 (2 points) ABC Inc collected their forecast and actual demand data for winter tires and computed Actual to Forecast (i.e. A/F) ratio. The mean and standard deviation of A/F ratio values are 0.96 and 0.32, respectively. ABC Inc is forecasting the demand to be 3300. The selling price of each winter tire is $200. The cost of each winter tire is $100. Any unsold winter tires are salvaged at $75 each. What should be the optimum order quantity (rounded to nearest integer) that maximizes the expected profit? 2244 None of these answer choices 4057 3300 3934

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