Demand for cases of royal cola soda
Course:- Business Management
Reference No.:- EM1335377

Assignment Help
Expertsmind Rated 4.9 / 5 based on 47215 reviews.
Review Site
Assignment Help >> Business Management

1- Daily demand for cases of Royal Cola soda at Helen's Food shop has always been 5, 6, or 7 cases. Develop a decision tree and decision table that illustrate the decision alternatives as to whether to stock 5, 6, or 7 Cases.

2- In problem 1, demand could be 5, 6, or 7 cases of Royal Cola per day. Thus 5, 6, or 7 cases should be stocked each day. Each case has a cost of $3 and selling price of $7. Helen may return cases not sold at the end of the day to the supplier and will refund be refunded the cost of each case except for a fee of $2 per case for handling and restorage. Develop an appropriate decision table with the information that:

a. The marginal profit (Mp) of selling 1 case is the selling price minus the cost.(Mp=$7-$3=$4)

b.The marginal loss (ML) of not selling 1 case is the return cost of $2. (ML =$2)

Put your comment

Ask Question & Get Answers from Experts
Browse some more (Business Management) Materials
The following points should be answered conclusively as if your organization Caritas would like to operate in Rwanda. You must evaluate the industry and country of invest
Do you think the four principles of high involvement provide adequate context for designing high-performance work systems? What other concerns or guidelines for developing
Synthesize the strategies that organizations like Zara and Wal-Mart- two companies that are having difficulty developing eCommerce capability can implement to increase the e
In your own words, explain why when using the expenditure methodfor determining GDP do we not include expenditure on intermediate goods, butwhen using the income method, we
Define personal image and discuss why maintaining professionalism while on the job and after hours are important. Give at least two examples of ways health care providers ex
What additional tactics might Stacey have used to generate input about improvement alternatives? How should Stacey and her team evaluate the worth of the tactics that are impl
Supply and demand in a competitive market are given respectively by q = 4p and q = 30 - 2p. If the production of the good imposes a negative externality that generates an e
Suppose we observe the following rates: the interest rate for the next year is 6% and the one-year interest rate expected one year from now is 9%. What is the annual intere