Elite Distributor magazine is currently working on determining the number of publications they should print for theincoming trade show. The production manager analyzed the past data and summarized the following information. Theaverage demand for the magazine is 3264 issues with a standard deviation of 120 issues during a similar trade shows.The magazine is sold for $10 each during the trade show and printing cost is $2.64 per issue. The leftover magazines issold to a trade association for $1 a magazine to be distributed to its members during the next annual meeting.Considering this information, how many magazines should be printed before the trade show? (round your FINAL answerto the nearest integer).Hi if you can use Excel please complete the question that way. Thank You.

From the question, I would determine how many magazines are to be printed before the trade show,…

Answered: Elite Distributor magazine is currently…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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The seasonal demand for a particular product is given below: Period 1 2 3 4 5 6 Demand 300 450 100 450 450 100 The fixed parameters are: Fixed Cost $8 Unit Production Cost $1 Holding Cost $1.3 Calculate total ordering cost using following three methods: i) Lot-for-Lot ii) Wagner-Whitin algorithm iii) Fixed order quantity Please do fast .. ASAP.. fast
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