Assignment:
A company must place an order a product that will be sold in the coming winter season. By April 1, 2016 in order to receive a substantial discount. The demand for the product is forecasted to be 3000, 5000, 8000, or 10000 units. Leftover units can be sold to a discount outlet for $45.
The company purchases the product for $155 and sells it for $240.
- What is the profit if the company purchases 8000 units but the actual demand turns out to be 5000 units?
Your answer must be typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.