FYI. Below is the projected probability that Amazon will completely sell out of all in stock inventory for a specific product (also defined as sell-through confidence).Product Sell-Through ConfidenceProduct A 100%Product B 80%Let me know if you need anything else.Thanks,Jessica TempeMarketing ManagerQuestion(s)2. Which product should you select for your category for the highest visibility deals spot? Select one (1) response option.radio_button_uncheckedProduct Aradio_button_uncheckedProduct Bradio_button_uncheckedCannot tell from information provided
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FYI. Below is the projected probability that Amazon will completely sell out of all in stock inventory for a specific product (also defined as sell-through confidence).Product Sell-Through ConfidenceProduct A 100%Product B 80%Let me know if you need anything else.Thanks,Jessica TempeMarketing ManagerQuestion(s)2. Which product should you select for your category for the highest visibility deals spot? Select one (1) response option.radio_button_uncheckedProduct Aradio_button_uncheckedProduct Bradio_button_uncheckedCannot tell from information provided
Solution
Product A
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FYI. Below is the projected probability that Amazon will completely sell out of all in stock inventory for a specific product (also defined as sell-through confidence).Product Sell-Through ConfidenceProduct A 100%Product B 80%Let me know if you need anything else.Thanks,Jessica TempeMarketing ManagerQuestion(s)3. It is now Prime Day, the deal is selling well, but you just got a call from the vendor explaining that they will not be able to fill any more units for the next 3 weeks. Your Instock Manager (Anjali Patel) says that we should cut the deal off early to preserve inventory for that 3-week period. What are the factors you would consider before deciding whether to cut the product off early? Rate the relevance of each response below.Not RelevantSlightly RelevantModerately RelevantVery RelevantExtremely RelevantVendor relationship12345Revenue impact of being out-of-stock for 2 weeks12345Impact of negative experience on customers12345Competitor activity12345
Select Any One Of the Following Options: What could be the best way for traditional retailers like Best Buy do to compete with Amazon?Match Amazon pricesReduce the size and number of storesOpen stores-within-stores for manufacturersImprove service
Question 5Which stock from the ones we had in our project had highest value at risk with 99% confidence?1 pointFacebookAmazonAppleNetflixGoogle
What is the projected on-hand inventory for Item “B” in week 4?Group of answer choices40
Consider a manufacturer of perfume who is about to expand production capacity to make a new product. Three alternative production processes are available. The following table shows the estimated profits (in $) for these processes for each of the three possible demand levels for the product.Alternatives States of NatureLow demand Moderate demand High demandA 100,000 350,000 900,000B 150,000 400,000 700,000C 250,000 400,000 600,000Suppose that the manufacturer assigns prior probabilities of 0.20 to low demand, 0.30 to moderate demand and 0.50 to high demand.Based on the above information, the manufacturer would select ______________ using the expected monetary value (EMV) criterion. a. production process A b. production process B c. production process C d. More information is needed to answer the question.
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