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1. A publisher sells books to Barnes & Noble at $15 each. The unit production cost for the publisher is $3 per book. Barnes & Noble prices the book to its customers at $28 and expects demand over the next two months to be normally distributed, with a mean of 15,000 and a standard deviation of 4,000. Barnes & Noble places a single order with the publisher for delivery at the beginning of the two-month period. Currently, Barnes & Noble discounts any unsold books at the end of two months down to $4, and any books that did not sell at full price sell at this price. a) How many books should Barnes & Noble order? What is its expected profit? How many books does it expect to sell at a discount? Use the following information to solve parts c) and d). A plan under discussion is for the publisher to refund Barnes & Noble $6 per book that does not sell during the two-month period. Because Barnes & Noble shares the point-of-sales data with the publisher, the publisher does not require Barnes & Noble to return all unsold books for verification purpose. As before, Barnes & Noble will discount them to $4 and sell any that remain. b) Under this plan, how many books will Barnes & Noble order? What is the expected profit for Barnes & Noble? How many books are expected to be unsold during the two-month period? [Hint: Since Barnes & Noble gets a refund of $6 from the publisher for each unsold book as well as a $4 of clearing each unsold book after the two-month period, Co = c – b - SR. Moreover, SM = 0]
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Existing method involved assemblers taking individual springs from a box containing several hundred also then placing two of m behind an ON button also two more behind an OFF button. Illustrate what was poka-yoke Shingo created
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A bakery buys flour in 25-pound bags. the bakery uses 1,215 bags a year. ordering cost is $10 per order. annual carrying cost is $75 per bag. a. what is the average number of bags on hand?
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Servant, authentic, and ethical leadership models have been successful in different types of organizations as well as in different cultures and countries. Using the overview of global leadership provided in this week’s lecture and readings, do you be..
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