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mgt 3121 hw help Kristen manages inventory at fashion apparel retailer Gup. In January, she is determining order quantity for swimsuit for coming summer season.

mgt 3121 hw help

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Kristen 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 $250. 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 Kristen orders 250 swimsuits, what is the expected profit from Swimsuits? O 28021 O 37813 O 23125 O 32917Martin owns a single cab and license. He lists his telephone number in the yellow pages, and takes calls (for cab ride) on his cell phone while driving. On average he receives a call every 1.25 hours. Service to a customer is divided into two parts: . An average drive time to pick-up a passenger is 13 min. . An average drive time to drop-off a passenger is 17 min. (this time includes the time the passenger takes to pay Martin). Martin always carries one passenger at a time. When Martin is busy offering a ride, a new calling customer waits as long as necessary to get a ride from Martin. What is the average time from a customer's call until Martin picks up that customer? (Assume CVa = CVp = 1) 05 O 20 O 13 O 33

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