𝑽𝑽 = LAST 4 DIGITS OF YOUR STUDENT NUMBER (e.g., S043210οƒ 3210; S090807οƒ 0807) 𝑽𝑽𝑺𝑺 = SUM

Question: 𝑽𝑽 = LAST 4 DIGITS OF YOUR STUDENT NUMBER (e.g., S043210οƒ 3210; S090807οƒ 0807) 𝑽𝑽𝑺𝑺 = SUM OF DIGITS OF V (e.g., 3210οƒ 6; 0807οƒ 15) FTX Inc, an electronics system integrator, is developing a new product as part of their annual generational upgrades. Owing to their long business history, they are considering Setronics as the supplier of hardware for this𝑽𝑽 = LAST 4 DIGITS OF YOUR STUDENT NUMBER (e.g., S043210οƒ 3210; S090807οƒ 0807) 𝑽𝑽𝑺𝑺 = SUM OF DIGITS OF V (e.g., 3210οƒ 6; 0807οƒ 15)
FTX Inc, an electronics system integrator, is developing a new product as part of their annual generational upgrades. Owing to their long business history, they are considering Setronics as the supplier of hardware for this product. Setronics’ selling price is $(𝟏𝟏𝟏𝟏𝟎𝟎 βˆ’ 𝑽𝑽𝑺𝑺) per unit, including transportation costs. Due to long lead times and high setup costs, both firms agree on a single replenishment order before the upcoming annual season. Assume Setronics’ gross margin is 60% of its selling price for units produced in this pre-season order.
FTX’s recent annual demand forecast is Normally distributed with mean (πŸ“πŸ“πŸŽπŸŽπŸŽπŸŽπŸŽπŸŽ 𝑽𝑽) and standard deviation (𝟏𝟏𝟎𝟎𝟎𝟎 βˆ™ 𝑽𝑽𝑺𝑺). FTX sells each unit, after integrating their proprietary software, for $(𝟏𝟏𝟏𝟏𝟎𝟎 𝑽𝑽𝑺𝑺). Leftovers at the end of the season are liquidated for $30 per unit. FTX incurs holding costs at $𝑽𝑽𝑺𝑺/𝟏𝟏𝟎𝟎 per unit per month.
Make sure to use the following information in calculating Cu, Co, and holding costs when needed:
οƒ˜ FTX begins incurring holding costs upon delivery. Ignore holding costs at Setronics. οƒ˜ β€œLeftover” items are held for the whole duration of the selling season. οƒ˜ β€œSold” items are held in the inventory for half the duration of the selling season (on average).
a) [45] How many of these units should FTX order to maximize their annual expected profits? Calculate resulting expected profits for FTX and Setronics. Hint: Use the Newsvendor model.
Suppose a local supplier, ATEC Inc, approaches FTX with the possibility of supplying this unit. ATEC’s main value proposition is that they offer 100% in-stock probability with 5-day delivery on all FTX’s orders, regardless of quantity and time of orders. Since FTX promises its customers a 2-week lead time, this highly reactive capacity at ATEC would enable FTX meet all their demand, as in β€œmake-to-order”. ATEC’s unit price is $130 per unit.

b) [10]SupposeFTXweretoprocureonlyfromATEC.WhatwouldbeFTX’sprofit?
c) [45] Suppose FTX plans to use both suppliers: A single pre-season order from Setronics, and then supply from ATEC as needed. How many units should FTX order from these suppliers? Calculate resulting expected profits for FTX. Hint: Use β€œrevenues minus costs” to calculate profit, and make sure to include holding costs.
V=1673
VS=17
Given A = 4 k = o An electron is accelerated from rest b_{gamma}*a Potential Difference: Delta*V = (24 * 5 4) = (24 * 5 4) * volt Delta*V…View the full answer