Question: This question has 4 parts, please answer all 4. Thank you! second pic is answer choices question: an operations manager at Builder's Rental Company must
This question has 4 parts, please answer all 4. Thank you!
second pic is answer choices

question: an operations manager at Builder's Rental Company must decide how many forklifts to have on hand for possible rental. The forklifts are obtained from a leasing firm at a cost of $75 per day. If rented, customers pay a rental rate of $130 per day. If not rented, the leasing company gives Equipment Supply a rebate of $30 (since there's no wear & tear on the equipment). Past demand provides the probabilities in the table below.
Optimal Rental Stock An operations manager at Builder's Rental Company must decide how many forklifts to have on hard for possible rental. The forklifts are obtained from a leasing firmata cost of $75 per day. Wrented, customers pay a rental rate of $130 per day. If not rented, the leasing company lives Equipment Supply a rebate of $30 since there's no wear & tear on the equipment). Past demand provides the probabilities in the table below. Demand for forklifts. 2 Cumulative Probability PD">d) marginal loss for a unit not rented Choose] marginal profit for a unit rented Choose PD) Choose optimal quantity to stock Choose [ Choose ] $45 0.55 0.45 $100 $55 $75 $130 Demand for forklifts, Cumulative Probability P(De>d) 1.00 87 71
marginal loss for a unit not rented:
marginal profit for a unit rented:
P(D*)> =
optimal quantity to stock:
answer choices: $45 ,0.55 ,6 ,0.45 ,$100 ,$55, 5, $75, 4, $130
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