Rossum's Universal Robots produces an upscale voice-activated robot toy, which also has a remote control. It generates
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Rossum's Universal Robots produces an upscale voice-activated robot toy, which also has a remote control. It generates $340 in revenue if the voice-activated component functions properly and costs Rossum $200 to manufacture. Those robots that are not sold during the peak holiday season will subsequently be sold at a discount of $240. The estimated demand for the upcoming holiday season is 29,000 units, with a standard deviation of 2,000 units. What would be the service level? What would be the optimal stocking level?
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ISBN: 9780135163146
3rd Edition
Authors: Robert Gould, Rebecca Wong, Colleen N. Ryan
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