ute buy-back contract. For the seller, the cost of manufacturing a Ski-Jacket is $35 per unit. The buy-back price is $42/unit, and the fixed cost is $100000. For the buyer, the selling price is $95/Ski-Jacket, the purchase price is $55/Ski-Jacket and the purchase quantity is 15,000. The demand for the buyer follows a discrete distribution as given below: Demand Probability 12,000 0.071 13,000 0.071 14,000 0.143 15,000 0.143 16,000 0.214 17,000 0.07 18,000 0.143 19,000 0.145
ute buy-back contract. For the seller, the cost of manufacturing a Ski-Jacket is $35 per unit. The buy-back price is $42/unit, and the fixed cost is $100000. For the buyer, the selling price is $95/Ski-Jacket, the purchase price is $55/Ski-Jacket and the purchase quantity is 15,000. The demand for the buyer follows a discrete distribution as given below: Demand Probability 12,000 0.071 13,000 0.071 14,000 0.143 15,000 0.143 16,000 0.214 17,000 0.07 18,000 0.143 19,000 0.145
Database System Concepts
7th Edition
ISBN:9780078022159
Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Publisher:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Chapter1: Introduction
Section: Chapter Questions
Problem 1PE
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A buyer and seller execute buy-back contract.
For the seller, the cost of manufacturing a Ski-Jacket is $35 per unit. The buy-back price is $42/unit, and the fixed cost is $100000.
For the buyer, the selling price is $95/Ski-Jacket, the purchase price is $55/Ski-Jacket and the purchase quantity is 15,000.
The demand for the buyer follows a discrete distribution as given below:
| Demand | Probability |
| 12,000 | 0.071 |
| 13,000 | 0.071 |
| 14,000 | 0.143 |
| 15,000 | 0.143 |
| 16,000 | 0.214 |
| 17,000 | 0.07 |
| 18,000 | 0.143 |
| 19,000 | 0.145 |
What is the expected supply chain profit?
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