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During the Final Four, demand for basketball jerseys is uniformly distributed (min demand is 100 and max demand is 500). Each jersey costs $30. The selling price is $40 per jersey. (a) How many jerseys should be ordered? (b) If the demand for basketball jerseys is normally distributed with mean 1,000 and standard deviation 300. In addition, the unsold jerseys can be sold off at half price. How many jerseys should be ordered? (hint: z value can be obtained using NORMSINV function in excel or from the following table)
What does that suggest to us in terms of how we lead an IT organization made up of IT workers/professionals?
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List and describe 3 of the decisions made at the federation level in the business of sports, and provide an example of each.
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