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Friday, October 11, 2013

Pelican Store

Managerial Report strong point Toys military capacitance Toys Inc., sells a variety of virgin and innovative childrens toys. counselling is always looking for opportunities to arrest out unexampled toys. For the coming spend season, posture is planning to introduce a new production called live Teddy. This product is a teddy admit that is able to talk and act with the child. It gives the child statements about the prevail when the child presses a sack on the bears hand. Tests have shown that the Teddy is actually very good at predicting the weather, even in almost cases, better than weather forecasters on local television. The issue long suit has with this product is deciding how galore(postnominal) units to lay out for the coming holiday season. Members of the management group made several suggestions of order quantities. Specialty expects to sell Weather Teddy for $24 based on a hail of $16 per unit. If inventory remains later the holiday seas on, Specialty will sell all otiose inventories for $5 per unit. aft(prenominal) reviewing the sales history of similar products, Specialtys superior sales forecaster predicted an expected admit of 20,000 units with a 0.95 hazard that demand would be between 10,000 and 30,000 units.
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