samuel barnabas bahire(202028114)

question 1 assignment 7

wholesale price number of pianos ordered 12 13

1100 12 0 225
13 400 0
14 800 400
selling price 15 1200 800
1325 16 1600 1200
17 2000 1600
salvage price
700
probability 0.2 0.3
demand for pianos
14 15 16 17 EOL
450 675 900 1125 405
225 450 675 900 305
0 225 450 675 392.5
400 0 225 450 605
800 400 0 225 911.25
1200 800 400 0 1280

0.2 0.15 0.1 0.05

Samuel Barnabas Bahire
202028114
bottle demand
cost/bottle bottles purchased 12 24 36
14.5 24 -73 102 102
13.75 48 -285 -110 65
12.5 72 -425 -250 -75
11.75 96 -553 -378 -203

probability 0.05 0.1 0.15

selling price 18.75

salvage price 4.16666667

part c
i) 0
ii) 93

acceptable ranges 4.166667

 48 60 72 84 96 ev
102 102 102 102 102 93.25
240 240 240 240 240 152.5
100 275 450 450 450 152.5
-28 147 322 497 672 59.5

0.2 0.2 0.15 0.1 0.05

Samuel Barnabas Bahire
202028114
customer demand
venue 150 200 250 300
Church 6750 9000 9000 9000
cathedral 6506.25 8718.75 10931.25 10931.25
concert hall 6300 8700 10900 14000
Basilica 15000 18300 10618.73 12856.25

probability 0.15 0.25 0.3 0.2

church price 48
capacity 800
threshold 100
surcharge/person 3
rent 300
cathedral
capacity 1000
threshold 125
surcharge/person 3.75
rent 600
concert hall
capacity 1200
threshold 200
surcharge/person 4
rent 900
Basilica
capacity 1400
threshold 225
surcharge/person 3.25
rent 1300
 350 ev
9000 8662.5
10931.25 9714.375
14000 10590
1509378 163519.669

0.1