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One of QBP s bicycle models for the upcoming season is known as the Surley - 0 0 7 . This will be the first
One of QBPs bicycle models for the upcoming season is known as the Surley This will be the first offering of this new model. The wholesale price for the Surleyie the price QBP charges bike shops will be $ per bicycle. Based on an analysis of prior sales history for likeskus seasonal demand at this price point for the Surley is estimated to be normally distributed with a mean of and a standard deviation of In terms of expenses, QBP must pay the supplier $ per bicycle ordered as well as an additional $ per bicycle for shipping including customs duties, etc. QBP also incurs a seasonal holding cost, which is accounted as of QBPs purchased cost. For the Surley this results in a holding cost of $ x $ per bicycle. QBP also pays its sales staff a commission, computed again as a of QBPs purchased cost, for each bicycle sold to a bike shop.
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