Handi inc. options contract management | Bus 30102
I need Help with the L(z) score in the middle. Handi Inc., a cell phone manufacturer, procures a standard display from LCD Inc. via “an options supply contract”. At the start of quarter 1 (Q1) Handi pays LCD $15 per option. At that time Handi’s forecast of demand in quarter 2 (Q2) is normally distributed with mean 15,000 and standard deviation 5,000. At the start […]