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V = YOUR STUDENT NUMBER (e.g., S012345 12345; S0097539753) Vs SUM OF DIGITS OF YOUR STUDENT NUMBER (e.g., S01234515; S009753 24) = TCX, Inc.
V = YOUR STUDENT NUMBER (e.g., S012345 12345; S0097539753) Vs SUM OF DIGITS OF YOUR STUDENT NUMBER (e.g., S01234515; S009753 24) = TCX, Inc. is an Indian electronics system integrator, developing a new product as a generational upgrade. Owing to their long business history, they intend to work with Deltic, Inc. as the supplier of a key component for this product. Deltic sells this component for $(80 - Vs) per unit with a 4-month delivery lead time. Assume Deltic covers all transportation and related processing until delivery. TCX's demand forecast for the upcoming selling season (12 months) is a normal distribution with mean 300 x (10 + Vs) and standard deviation V/5. TCX sells each unit, after integrating their proprietary software, for $135. Assume that TCX uses a holding cost rate of V5 %, and any leftover units can be sold for $30 on average. 1) [20] Due to the long lead time and high minimum order quantity required, TCX is planning on a single order from Deltic to meet their needs in the next year. How many of these components should TCX order? Calculate the resulting expected annual profits for TCX.
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