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hey can you help me with question 1. (A-D)? thank you! D H K Yup. Akin. Were use the profitable you developed in Mt. Skis
hey can you help me with question 1. (A-D)?
D H K Yup. Akin. Were use the profitable you developed in Mt. Skis here. It's transposed, so the order level is now defining the rows, with the demand on the columns 2. Remember these are profits, so when you are making decisions here, the best alternative is the one with the highest profit 4) Using an agressive strategy, how many skis should be order? 5 Demand 7 Order level SO 200 20 Apressive Profit 1405 18.2005 16,200 $ 11, 2005 18,200 $ 18,200 1605 180505 20.800 20,800S 20.100 S 20,800 10 INOS 17,505 22.475 S 23,400 21,4005 2000 11 2005 16,750 21,175 26,000 26,000 26,000 12 2205 15.00 20,275 24,2005 20,600 21.00 240115 14,550 19,1755 23,000 28,425 31,200 260 S 13,450 $ 18.075S 22.2005 22325 31,950 15 16 Decision 17. Profit 10 19 b) Using an conservative strategy, how many skis should he order? 20 21 Demand 22 Order Level 150 175 200 225 23 140 $ 18,200 $ 18,200 $ 18,200 $ 18,200 $ 24 160 S 18,950 $ 20,800 $ 20,800 S 20,800 $ 25 180 $ 17,850 $ 22,475$ 23,400 $ 23,400 s 26 200 $ 16,750 $ 21,375 S 26,000 26,000 S 27 220 S 15,650 $ 20,275 $ 24,900 $ 28,600 S 28 240 S 14,550 $ 19,175 $ 23,800 $ 28,425 S 29 260 $ 13,450 $ 18,075 $ 22,700 S 27,325 s 30 31. Decision: 32 Profit 250 Conservative Profit 18,200 20,800 23,400 26,000 28,600 31,200 31,950 34 c) Using an expected value strategy, how many skis should be order? 35 36 Demand 37 Order Level 150 175 200 225 38 140 $ 18,200 S 18,200 S 18,200 $ 18,200 S 39 160 $ 18,950 S 20,800 S 20,800 $ 20,800 40 180 S 17,850 S 22,475 S 23,400 S 23,400 S 41 200 $ 16,750 S 21,375 S 26,000 S 26,000 S 220 S 15,650 S 20,275 S 24,900 S 28,600 S 43 240 S 14,550 $ 19,175 S 23,800 S 28,425S 44 260 S 13,450 $ 18,075 S 22,700 S 27,325 S 45. Probabilities: 10% 30% 35% 20% 46 47 Decision 48 Profit: 49 ndalia the water andre dating the 250 Expected Profit Stdev 18,200S 18,200 S 20,800S 20,615 S 555 23,400S 22,568 S 1,626 26,000 $ 23,688 $ 3,103 28,600 S 23,513 S 4,058 31,200 22,783 S 4,578 31,950 $ 21,775$ 4,762 5% 49 50 d) I've calculated the weighted standard deviations of the costs for each scenario, in column H just above. 51 (using the probabilities in part c), 52 What do these tell you? 53 54 55 Car Rental Mt. Skis #24 #20 Ready D H K Yup. Akin. Were use the profitable you developed in Mt. Skis here. It's transposed, so the order level is now defining the rows, with the demand on the columns 2. Remember these are profits, so when you are making decisions here, the best alternative is the one with the highest profit 4) Using an agressive strategy, how many skis should be order? 5 Demand 7 Order level SO 200 20 Apressive Profit 1405 18.2005 16,200 $ 11, 2005 18,200 $ 18,200 1605 180505 20.800 20,800S 20.100 S 20,800 10 INOS 17,505 22.475 S 23,400 21,4005 2000 11 2005 16,750 21,175 26,000 26,000 26,000 12 2205 15.00 20,275 24,2005 20,600 21.00 240115 14,550 19,1755 23,000 28,425 31,200 260 S 13,450 $ 18.075S 22.2005 22325 31,950 15 16 Decision 17. Profit 10 19 b) Using an conservative strategy, how many skis should he order? 20 21 Demand 22 Order Level 150 175 200 225 23 140 $ 18,200 $ 18,200 $ 18,200 $ 18,200 $ 24 160 S 18,950 $ 20,800 $ 20,800 S 20,800 $ 25 180 $ 17,850 $ 22,475$ 23,400 $ 23,400 s 26 200 $ 16,750 $ 21,375 S 26,000 26,000 S 27 220 S 15,650 $ 20,275 $ 24,900 $ 28,600 S 28 240 S 14,550 $ 19,175 $ 23,800 $ 28,425 S 29 260 $ 13,450 $ 18,075 $ 22,700 S 27,325 s 30 31. Decision: 32 Profit 250 Conservative Profit 18,200 20,800 23,400 26,000 28,600 31,200 31,950 34 c) Using an expected value strategy, how many skis should be order? 35 36 Demand 37 Order Level 150 175 200 225 38 140 $ 18,200 S 18,200 S 18,200 $ 18,200 S 39 160 $ 18,950 S 20,800 S 20,800 $ 20,800 40 180 S 17,850 S 22,475 S 23,400 S 23,400 S 41 200 $ 16,750 S 21,375 S 26,000 S 26,000 S 220 S 15,650 S 20,275 S 24,900 S 28,600 S 43 240 S 14,550 $ 19,175 S 23,800 S 28,425S 44 260 S 13,450 $ 18,075 S 22,700 S 27,325 S 45. Probabilities: 10% 30% 35% 20% 46 47 Decision 48 Profit: 49 ndalia the water andre dating the 250 Expected Profit Stdev 18,200S 18,200 S 20,800S 20,615 S 555 23,400S 22,568 S 1,626 26,000 $ 23,688 $ 3,103 28,600 S 23,513 S 4,058 31,200 22,783 S 4,578 31,950 $ 21,775$ 4,762 5% 49 50 d) I've calculated the weighted standard deviations of the costs for each scenario, in column H just above. 51 (using the probabilities in part c), 52 What do these tell you? 53 54 55 Car Rental Mt. Skis #24 #20 Ready thank you!
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