Crystal Ball Help

Cancelled Posted Nov 28, 2006 Paid on delivery
Cancelled Paid on delivery

The owner of a ski apparel store in Winter Park CO. must decided in July how many ski jackets to order for the following ski season. Each ski jacket costs $54 each and can be sold during the ski season for $145. Any unsold jackets at the end of the season are sold for $45. The demand for jackets is expected to follow a Poisson distribution with a average rate of 80. The store owner can order jackets in lot sizes of 10 units.

A) How many jackets should the store owner order if she wants to maximize her expected profit?

B) What are the best case and worst case outcomes the owner might face for this product if she implements your suggestion?

C) How likely is it that the store owner will make at least $7000 if she implements your suggestion?

D) How likely is it that the store owner will make between $6000 to $7000 if she implements your suggestion?

## Deliverables

1) Complete and fully-functional working program(s) in executable form as well as complete source code of all work done.

2) Deliverables must be in ready-to-run condition, as follows (depending on the nature of the deliverables):

a) For web sites or other server-side deliverables intended to only ever exist in one place in the Buyer's environment--Deliverables must be installed by the Seller in ready-to-run condition in the Buyer's environment.

b) For all others including desktop software or software the buyer intends to distribute: A software installation package that will install the software in ready-to-run condition on the platform(s) specified in this bid request.

3) All deliverables will be considered "work made for hire" under U.S. Copyright law. Buyer will receive exclusive and complete copyrights to all work purchased. (No GPL, GNU, 3rd party components, etc. unless all copyright ramifications are explained AND AGREED TO by the buyer on the site per the coder's Seller Legal Agreement).

## Platform

Crystal Ball Excel Add-In!!!

PHP

Project ID: #3941599

About the project

Remote project Active Nov 28, 2006