(Answered)-AnyLogo supplies firms with apparel containing their logo to be - (2025 Updated Original AI-Free Solution
Question
- AnyLogo supplies firms with apparel containing their logo to be used for promotional purposes. Currently AnyLogo has four major customers - IBM, AT&T, HP, and Cisco. During the holiday season, the logos are adorned with a Christmas motif. Demand from each firm for apparel with the Christmas motif is normally distributed as shown below. AnyLogo currently produces all the apparel including the Logo embroidery in Sri Lanka in advance of the holiday season. Each unit costs $15 and is sold by AnyLogo for $50. Any left over inventory at the end of the holiday season is essentially worthless and is donated by AnyLogo to charity. Holding the apparel in inventory adds another $3 to the cost per unit donated to inventory. However, the donation allows AnyLogo to recover $6 per unit in tax savings. What production quantities do you recommend for AnyLogo?
IBM | AT&T | HP | Cisco | |
Anticipated demand | 5,000 | 7,000 | 4,000 | 4,000 |
Standard deviation | 2,000 | 2,500 | 2,000 | 2,200 |
- The?manager?at?AnyLogo?is?considering?the??????purchase?of?high?speed?embroidery?machines?that?will?allow?them?to??????embroider?on?demand.?In?this?case?the?apparel?will?be?made?in?Sri?Lanka??????without?any?logo?and?the?logo?embroidery?is?postponed?and?will?be?done?in??????the?United?States?on?demand.?This?will?raise?the?cost?per?unit?to?$18.??????However,?AnyLogo?will?not?have?any?holiday?or?company?specific?apparel?to??????be?disposed?at?the?end?of?the?season.?The?leftover?apparel?without?logos??????can?be?sold?for?$18?a?unit?to?retailers.?The?cost?of?holding?inventory?and??????shipping?adds?$4?to?the?cost?of?any?apparel?left?over?after?the?holiday??????season.?(Note?there?are?none?left?to?donate?to?charity?now.)?With?all??????other?information?as?in?the?above?problem,?do?you?recommend?that?the??????manager?at?AnyLogo?implement?postponement??What?quantity?should?they?order??????if?they?use?postponement??What?will?the?impact?of?postponement?be?on??????inventories?
- Green Thumb, a manufacturer of lawn care equipment, has introduced a new product. The anticipated demand is normally distributed with a mean of m = 100 and a standard deviation of s = 40. Each unit costs $150 to manufacture and the introductory price is to be $200 to achieve this level of sales. Any unsold units at the end of the season are unlikely to be very valuable and will be disposed of in a fire sale for $50 each. It costs $20 to hold a unit in inventory for the entire season. How many units should Green Thumb manufacture for sale?