The Unlimited offers the sweaters to Fashionables at the wholesale price of $37 per sweater, and Fashionables plans to sell each sweater at the retail price of $66 per unit. The Unlimited does not accept any returns of unsold inventory. However, Fashionables can sell all of the unsold sweaters at the end of the season at the fire-sale price of $16 each. If a part of the question specifies whether to use Table 13.4 or to use Excel, then credit for a correct answer will depend on using the specified method. How many units of each sweater type should Fashionables order to maximize its expected profit? Use Table 13.4 (Round your answer to the nearest whole number) ped b. If Fashionables wishes to ensure a 97.5 percent in stock probability, what should its order quantity be for each type of sweater? Use Table 13.4 (Round your answer to the nearest whole number) Say Fashionables orders 700 of each sweater. What is Fashionables expected profit for all five sweater colors? Use Table 13.4. (Do not round intermediate calculations. Round your answer to 2 decimal places.) C. 2.446.93 d. Say Fashionables orders 700 of each sweater. What is the stockout probability for each sweater? Use Excel (Round your answer to 4 decimal places) The Unlimited offers the sweaters to Fashionables at the wholesale price of $37 per sweater, and Fashionables plans to sell each sweater at the retail price of $66 per unit. The Unlimited does not accept any returns of unsold inventory. However, Fashionables can sell all of the unsold sweaters at the end of the season at the fire-sale price of $16 each. If a part of the question specifies whether to use Table 13.4 or to use Excel, then credit for a correct answer will depend on using the specified method. How many units of each sweater type should Fashionables order to maximize its expected profit? Use Table 13.4 (Round your answer to the nearest whole number) ped b. If Fashionables wishes to ensure a 97.5 percent in stock probability, what should its order quantity be for each type of sweater? Use Table 13.4 (Round your answer to the nearest whole number) Say Fashionables orders 700 of each sweater. What is Fashionables expected profit for all five sweater colors? Use Table 13.4. (Do not round intermediate calculations. Round your answer to 2 decimal places.) C. 2.446.93 d. Say Fashionables orders 700 of each sweater. What is the stockout probability for each sweater? Use Excel (Round your answer to 4 decimal places)
