The book publishing supply chain consists of authors, publishing supply chain consists of authors, publisher, bookstores

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The Book Publishing Supply Chain Consists Of Authors Publishing Supply Chain Consists Of Authors Publisher Bookstores 1 (56.17 KiB) Viewed 45 times

The book publishing supply chain consists of authors, publishing supply chain consists of authors, publisher, bookstores and end-customers. For latest thriller novel on the market, it costs the publisher also pays the author a royalty, which is around 10%. That is, the author gets 10% of the publisher's total revenues from the book sales to the campus bookstore. Suppose that the retail price of a latest thriller novel is $30 per book. Demand 10,000 50,000 100,000 200,000 500,000 1,000,000 Probability 0.6 0.2 0.1 0.07 0.02 0.01 Hint: When you are looking up a target value in a table and the target value falls between two entries, choose the entry that leads to the larger order quantity. Q27 Based on the demand distribution given above, how many books should the bookstore order? a. 500,000 b. 10,000 C. 50,000 d. 100,000 e. 200,000 Q28 Suppose that the publisher suggests the following returns contract to the bookstore. For any copy of the book not sold at the end of the semester, the bookstore can sell it back to the publisher at $18 per book. How many copies of the book should the bookstore order with this returns contact? a. 100,000 b. 500,000 C. 50,000 d. 200,000 e. 10,000