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players and teams will play the best and will sell the most jerseys? The demand term is low due to?Question 2Why could you use a newsvendor model for the NFL replica jerseys? That is, what are the characteristics of this problem which make it a good candidate for a newsvendor model.2
Rotterdam School of Management – Supply Chain Management Bachelor 3Look up the single period model in the slides of week 2 (Selling Christmas trees). Construct now a single period model exactly the same wayfor the New England Patriot jerseys, that is, only the “marginal profit = marginal cost” argument and terminology and NOT the overage / underage cost arguments which have not been introduced (neither in the book nor during the lectures). Please notethat SOLELY those answers will be accepted which are conform these requirements! Question 3Start with the blank jerseys. Identify all cost components using the following notation: Reebok purchases blank jerseys from the CM at a cost of c1; c2is the cost of printing a blank jersey at Reebok’s own warehouse in Indianapolis, pis the wholesale price Reebok receives for a dressed jersey, and vis the salvage price.