In a revenue sharing supply contract the wholesale order quantity is 8000 units and the wholesale price is $20. The reta
Posted: Mon Jul 11, 2022 10:11 am
In a revenue sharing supply contract the wholesale order quantity is 8000 units and the wholesale price is $20. The retailer selling price is $36 and the clearance price is $12. For the demand scenario of 6,555 units the occurrence probability is 0.19. What is the expected profit for this scenario? (No decimals)