Question
Crazy Costumes biggest season is Halloween. They are known for selling leggings with Halloween prints that change every year. The leggings are made in Vietnam
Crazy Costumes’ biggest season is Halloween. They are known for selling leggings with Halloween prints that change every year. The leggings are made in Vietnam and must be ordered all at once and well in advance of the Halloween season. The expected demand for the leggings is 33,000 pairs with a standard deviation of 7,500. The production cost for the leggings is $12.00 and they sell for $50.00. Leggings that do not sell are sold to discount companies for $5.00 a pair.
How many leggings should Crazy Costumes order?Â
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Crazy Costumes should order 43000 pairs of leggings Heres the calculation We know the expected deman...Get Instant Access to Expert-Tailored Solutions
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