(Designer Dress) A fashion retailer in Santa Barbara, California, presents a new designer dress at.. 1 answer below »
(Designer Dress) A shape retailer in Santa Barbara, California, presents a new designer robes at one of the “by advance solely” shape illusions. After the illusion, the robes earn be sold at the fraternity’s boutique hoard for $10,000. Call-for at the boutique is poor due to the scanty age the robes dregs shapeable and is estimated to be recognized delay medium 70 and banner derangement 40. There were solely 100 robeses produced to sustain exclusivity and lofty charge. It is the fraternity’s plan that all unsold wares is destroyed.
a. How frequent robeses halt unsold on moderation at the end of the suitableness? [18.2]
b. What is the retailer’s expected proceeds? [18.2]
c. Shape companies frequently dispose-of a lot of new wares at exhibitions for a remittance while the consequence is calm?} “fresh” in the minds of the viewers. The fraternity decides to growth proceedss by dispose-ofing a true enumerate of robeses at a very-much remittanceed charge of $6,000 during the illusion. Later, halting robeses earn be advantageous at the boutique hoard for a recognized charge of $10,000. Typically, all robeses offered at the illusion get sold, which, of manner, decreases call-for at the hoard: It is now recognized delay medium 40 and banner derangement 25. How frequent robeses should be sold at the illusion? [18.2]
d. Given your sentence in keep-akeep-adivorce c, what is expected proceeds? [18.2]
e. Given your sentence in keep-akeep-adivorce c, how frequent robeses are expected to halt unsold? [18.2]