Ordering and Pricing at Land's End

Cost of sweaters =
Sale Price in winter catalog =
Mean demand from winter catalog =
SD of demand from winter catalog =
Mean discounted demand =
SD of discounted demand =

$
$

Initial Quantity ordered =

Winter catalog demand =
Sweaters to be discounted =
Discounted price, p =
Demand at discounted price =
Number sold at discount =
Number donated to charity =

3000
3946
0
$ 150.0
346
0
0

Average profit =
SD of profit =

$
$

50
150
3,000
1,000
250
83.33

300,000.00
-

Data Table for Land's End

Replication Profit
Number discounted Charity
1
300000
0
0
300000
0
0
300000
0
0
300000
0
0
300000
0
0
300000
0
0
300000
0
0
300000
0
0
300000
0
0
300000
0
0
300000
0
0
300000
0
0
300000
0
0
300000
0
0
300000
0
0
300000
0
0
300000
0
0
300000
0
0
300000
0
0
300000
0
0
300000
0
0
300000
0
0
300000
0
0
300000
0
0
300000
0
0
300000
0
0
300000
0
0
300000
0
0

Cost of sweaters ordered =

Revenue from winter sales =
Revenue from discounted sales =
Net benefit from donation =
Net profit =

Average number of sweaters discounted =

Average number donated to charity =

300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000
300000

0
0
0
0
0
0
0
0
0
0
0
0
0

0
0
0
0
0
0
0
0
0
0
0
0
0

$ 150,000
$ 450,000
$
$
$ 300,000

0
0