What is the expected profit from swimsuits

Assignment Help Operation Management
Reference no: EM132742020

Lana manages inventory at fashion apparel retailer Gup. In January, she is determining order quantity for swimsuit for coming summer season. Each swimsuit is purchased at $50 and sold at retail price of $150. All the swimsuits that remain unsold at the end of summer, are sold to discount retailer TJ-Minn for $25 at the beginning of fall. The demand for swimsuits during summer is Normally distributed with mean of 200 and standard deviation of 50. If Lana orders 250 swimsuits, what is the expected profit from Swimsuits?

Reference no: EM132742020

Questions Cloud

Risk assessment and core capabilities : Select two core capabilities from each of the five mission areas in the Threat and Hazard Identification and Risk Assessment Guide (THIRA).
Determine change in economic order quantity : If Burrito-King's demand for the potatoes is decreased by 20%, what will be the change in its economic order quantity?
What will the total amount credited to the capital account : Earnings for the period total $70,000. What will be the total amount credited to the Capital account of each partner
What is the demand forecast for november : Assuming the demand forecast of 220 for July, what is the demand forecast for November with exponential smoothing method with a = 0.2?
What is the expected profit from swimsuits : If Lana orders 250 swimsuits, what is the expected profit from Swimsuits?
What is the NPV for the project : A project that will generate cash flows of 6,000, 4,000, and 3,000 during its three year useful life and a salvage value of $2,000. What is the NPV for project
Develop an ordering plan and costs : The master production plan of a company has shown below: Period (weeks) 1 2 3 4 5 6 7 8 9 Gross requirements 12 22 25 25
What are the pretax cash flows : What are the pretax cash flows from this project for the next five years compared to those of the base case of doing nothing? (Clarify it in details)
Determineincremental income that pederson enterprises : Pederson Enterprises produces giant stuffed bears. Determine the incremental income or loss that Pederson Enterprises would realize by accepting special order.

Reviews

Write a Review

Operation Management Questions & Answers

  Analyze the organization''s effectiveness in design thinking

Apply the five key elements of design thinking to analyze the organization's effectiveness in design thinking and innovation.

  What may be considered reasonable accommodation

Need the employer accommodate this request? What may be considered a reasonable accommodation?

  Determine the need for and purpose of a gantt chart

Determine the need for and purpose of a Gantt chart and distinguish between the pros and the cons of using a Gantt chart. Provide a rationale for your response.

  What are the positives and negatives of career planning

What are the Positives and Negatives of Career Planning? Describe the reinforcement perspective and social learning theory.

  Where should immelt invest the cash generated

Where should Immelt invest the cash generated from the sale of GE Capital?

  Describe the terms-forum shopping and yellow-dog contract

Describe the terms: Forum Shopping and Yellow-Dog Contract.

  Risks were too great or the mitigation plan

Recall a project that you considered at one time but decided against during the initiation phase because the risks were too great or the mitigation plan was insufficient to proceed. Describe the project, the risks, the mitigation plan, and why you ch..

  A theoretical advantage of unrelated diversification

A theoretical advantage of unrelated diversification is that:

  Two elements are critical for decision makers-information

Two elements are critical for decision makers-information and values. Analyze and explain which of these you would rely on most heavily for making decisions.

  If john is investing 200000 then determine the dollar range

john is investing in the sampp 500. his expected return on the sampp 500 is 10 with a standard deviation of 4. if john

  What were customers actually saying in the four response

What were the customers actually saying in the four responses given in this case? Translate them into customer requirements using actionable business language.

  Compare the habitual decision-making process

Compare the habitual decision- making process and the extended problem - solving process.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd