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You are the Retailer Period 2 : You buy products from the Supplier, and sell the products to the customers. - - - - -
You are the Retailer
Period :
You buy products from the Supplier, and sell the products to the customers.
You and the Supplier both know that:
Market price $
Number of customers for period is a random number from the interval
Inventory carryover from period to period
I can sell those inventories in period
Any leftover in period will be lost
Wholesale price $
For period my total available to sell order quantity inventory
Decision Support Tool
Supplier's wholesale price $
Inventory carryover from period
If Retailer's order quantity
If Number of the customer
How many units you decide to ORDER for period
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