Business, 09.03.2020 20:42, jcastronakaya

Build up your descriptive model for the all‐unit quantity discount contract and show the following two measures: (i) Hastings Sportswear’s profit and (ii) Global‐Fashion’s profit. For a given actual demand of 900 and a given quantity ordered by Hastings Sportswear of 1200 , if the descriptive model is built correctly, then Hastings Sportswear’s and Global‐Fashion’s profit will be $17,100 and $44,400, respectively. Input the random number to generate the actual demand and build up your simulation model to answer the following questions: Under the all‐unit quantity discount contract, what is Hastings Sportswear’s optimal ordering quantity? What would be the expected profits for Hastings Sportswear and Global‐Fashion (the expected profit estimation should be based on the average profit of 100,000 simulation runs)? Comparing to the wholesale contract, should Global‐Fashion offer the all‐unit quantity discount contract?

Answers: 3

Show answers

Other questions on the subject: Business

Business, 22.06.2019 13:30, starlodgb1971

Tom has brought $150,000 from his pension to a new job where his employer will match 401(k) contributions dollar for dollar. each year he contributes $3,000. after seven years, how much money would tom have in his 401(k)?

Answers: 3

continue

Business, 22.06.2019 15:00, swansondonovanp66got

Ineed this asap miguel's boss asks him to distribute information to the entire staff about a mandatory meeting. in 1–2 sentences, describe what miguel should do.

Answers: 1

continue

Business, 22.06.2019 15:40, brookekolmetz

As sales exceed the break‑even point, a high contribution‑margin percentage (a) increases profits faster than does a low contribution-margin percentage (b) increases profits at the same rate as a low contribution-margin percentage (c) decreases profits at the same rate as a low contribution-margin percentage (d) increases profits slower than does a low contribution-margin percentage

Answers: 1

continue

Business, 22.06.2019 19:20, needhelp243435

This problem has been solved! see the answerwhich of the following statements is correct? the consumer price index is a measure of the overall level of prices, whereas the gdp deflator is not a measure of the overall level of prices. if, in the year 2011, the consumer price index has a value of 123.50, then the inflation rate for 2011 must be 23.50 percent. compared to the gdp deflator, the consumer price index is the more common gauge of inflation. the consumer price index and the gdp deflator reflect the goods and services bought by consumers equally well.

Answers: 2

continue

Do you know the correct answer?

Build up your descriptive model for the all‐unit quantity discount contract and show the following t...