Under the all-unit quantity discount contract, Hastings Sportswear’s optimal ordering quantity is with its expected/average profit of $ . (Hint: please round both of your answers to the nearest positive integer number. E. g., answers between 12345.01 and 12345.44 should be rounded down to 12345, and answers between 12345.45 and 12345.99 should be rounded up to 12346.) Now, instead of offering all-unit quantity discount, Global-Fashion offers an incremental quantity discount of 25%, if Hastings Sportswear orders 920 skiwear items or more (e. g., if Hastings Sportswear orders 1000, then it will pay $80 apiece for the first 920 items and pay $60 apiece for the additional 80 items). Build up your simulation model (the expected profit estimation should be based on the average profit of 100000 simulation runs) and answer the following question: Question 2: Under this incremental quantity discount contract, Hastings Sportswear’s optimal ordering quantity is with its expected/average profit of $ . (Hint: please round both of your answers to the nearest positive integer number.)

Read the overview below and complete the activities that follow.apartment complexes often look for ways to recruit new tenants and retain current tenants. although apartment complexes offer the tangible benefit of shelter to their tenants, many apartment complexes also offer additional services to tenants to encourage tenants to stay or to support the rent prices. the following scenario identifies the several service gaps of a company that runs an apartment complex as well as solutions for reducing these service gaps.concept review: customers have certain expectations about how a service should be delivered. a service gap occurs when the delivery of a service fails to meet customer expectations. there are four types of service gaps: knowledge gap, standards gap, delivery gap, and the communications gap. it is important for marketers to identify these gaps and develop strategies for minimizing them.match the example or solution to the appropriate service gap category.1. wait for repairs 5. train employees well2. understand expectations 6. incentives for tenants3. do not overpromise 7. family movie night4. empower employees 8. delayed lawn careservice gap example solutionknowledge gap standards gap delivery gap communication gap