Question: Question 9 (2 points) Saved ABC Inc collected their forecast and actual demand data for winter tires and computed Actual to Forecast (i.e. A/F) ratio.

Question 9 (2 points) Saved ABC Inc collected

Question 9 (2 points) Saved 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 3000. 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? 2040 3000 4303 2688 None of these answer choices

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