simulation on inventory management

Place New Order Place An Order for Amulet 1.0 Cost/Revenue ($) You can place a maximum order of 4,000 units in multiples of 50. The larger your order, the higher your holding costs. However, smaller orders mean more frequent re-ordering costs. Order Size . Inventory 50 Units Cost Per Unit: $95 Units Purchase Cost: $4,750 23 45 6 Shipping Fee: Normal shipping(5 days) - $6,000 Total Units Sold Total Cost: $10,750 0 PLACE ORDER & START SIMULATION CLOSE Total Pro NVENTORY MANAGEMENT SIMULATION PLACE ORDER . Revenue . Costs THIS MONTH THIS QUARTER YEAR-TO-DATE 125 100 75 Costs and Revenues will appear here as Cost/Revenue ($ 50 the simulation runs 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 Day of Month . Inventory Units left: 0 Demand: 0 Please make a decision to begin. 20 20 10 1 2 3 4 5 6 7 8 9 10 17 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 Day of Month Total Units Sold Total Revenue Total Costs SO SO Total Profits for Year Boss Satisfaction Hmmmm $0.00 of $1,000,000 Goal Based on last year's numbers and expected trends into this year, our analysts have concluded the following about the Amulet: Cost of product: $95/unit