The UnLimited offers the sweaters to Fashionables at the wholesale price of $36 per sweater, and Fashionables plans to sell each sweater at the retail price of $74 per unit. The UnLimited does not accept any returns of unsold inventory. However, Fashionables can sell all of the unsold sweaters at the end of the season at the fire-sale price of $18 each. 1) say fashionable orders 700 of each sweater. what is fashionable expected profit for all five sweater colors? 2) say fashionable orders 700 of each sweater. what is the stockout probability for each sweater?
