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Assumptions: Customers will place orders for Pez dispensers via the web or by using our mobile phone app; the mobile app runs natively on Android, Apple and Microsoft smart phones. Pez Inventory: o An average Pez dispenser has a retail selling price of $4.00 o There are 800 different kinds of Pez dispensers offered through our online store. o We typically stock between 20 and 200 (60 on average) different kinds of Pez dispensers. o Total inventory that you must accommodate in your warehouse consists of: 800 different types of Pez dispensers An average of 60 per each different types of dispensers 48,000 total Pez dispensers in stock at any one time Pez Orders o Average cost from the manufacturer of each Pez dispenser is $2.90. O A typical order can be from 1 to 10 different Pez dispensers; the average order consists of 3 Pez dispensers. c. Sales - How many Pez dispensors will we sell in the first year of operations, assuming that we start shipping on January 1st? a. We want to know the number of Pez dispensers that will be sold in the first year of operations, not the number of orders sold. b. This facility is going to open on January 1st of next year. This plant (facility) needs to support the company for the next 3 years. When calculating your totals, please round up to next whole number on a monthly basis. d. We are currently processing 90 orders per day but the business is growing at 5% per month on average. For example, in January we expect 90 orders per day and in February we expect an average of 95 orders per day (rounded up to the nearest number of orders). We expect this same pattern of growth for many years to come. f. We are open and processing orders (from 8:00am until 5:00pm - with a 1 hour lunch break), seven days a week. With one exception: we never work February 29th; we give the employees that day off - we believe that it is 'bad luck' to work on February 29th during a leap year. g. Please show your calculations to demonstrate how you arrived at the correct answer. e