Question
If the product availability is 85%, the weekly sales would be 12,000 units and the probability of stockout is 5%, the weekly sales would be
If the product availability is 85%, the weekly sales would be 12,000 units and the probability of stockout is 5%, the weekly sales would be 17,000 units. Show all Calculations
1. What is the weekly sales estimate if product availability is 97%?
2. What is the monthly sales if the product unavailability is 20%?
3. What is the weekly change in sales if the product availability changes by 2%?
4. What are the estimated weekly sales the company operates with 91% product availability?
5. What is the estimated weekly sales if the company operates with 97% product availability?
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College Mathematics for Business Economics Life Sciences and Social Sciences
Authors: Raymond A. Barnett, Michael R. Ziegler, Karl E. Byleen
12th edition
321614003, 978-0321614001
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