Suppose that it costs MCC $0.30 per day in holding costs for each monitor in beginning inventory, and it costs $20 to place an order. Each monitor sold generates a profit of $45, and each lost sale results in an opportunity cost of $65 (including the lost profit of $45 and $20 in lost goodwill). Modify the spreadsheet show below to determine the reorder point and order quantity that maximize the average monthly profit associated with this monitor. Millenium Computer Corp
Shipping Time Quantity Demanded
Days Prob. Days Prob.
3 0.20 0 0.01
4 0.60 1 0.02
5 0.20 2 0.04
Total 1.00 3 0.06
4 0.09
5 0.14
6 0.18
7 0.22
8 0.16
9 0.06
10 0.02
Total 1.00

While cell phones with holographic keyboards are currently in the introduction stage of the industry life cycle, tablet computers are in the growth stage. in the context of this scenario, which of the following statements is true? a. the industry for cell phones with holographic keyboards will face greater competition than the tablet industry. b. while the industry for cell phones with holographic keyboards will focus more on product innovation, the tablet industry will focus more on process innovation. c. while the industry for cell phones with holographic keyboards can reap the benefits of economies of scale, the tablet industry will experience no such benefits. d. the industry for cell phones with holographic keyboards will face price competition, whereas, in the tablet industry, the mode of competition will be non-price.