Management Science: OMGT 6613
Exam 2 (all highlighted answers are correct)
PRACTICE 1 (did not count towards grade)
Question 1
Using the sample size from the formula, what is the average number of jerseys sold at
the salvage price?
9,840.96
Question 2
Using the sample size from the formula and purchasing the number of lots proposed by
Nike's BA Department, what will be the average number of jerseys short (unfilled
demand)?
283.99
Question 3
Using the sample size from the formula and purchasing the number of lots proposed by
Nike's BA Department, what will be the LCL estimate of profits?
670,379.42
Question 4
For a sample of size 60, what is the point estimate of profits?
617,797.44
Question 5
Using the sample size from the formula, what is the UCL of profits?
678,521.67
EXAM
Question 1
This study source was downloaded by 100000901307859 from CourseHero.com on 11-14-2025 05:36:03 GMT -06:00
https://www.coursehero.com/file/250909887/Management-Science-Exam-2docx/
Exam 2 (all highlighted answers are correct)
PRACTICE 1 (did not count towards grade)
Question 1
Using the sample size from the formula, what is the average number of jerseys sold at
the salvage price?
9,840.96
Question 2
Using the sample size from the formula and purchasing the number of lots proposed by
Nike's BA Department, what will be the average number of jerseys short (unfilled
demand)?
283.99
Question 3
Using the sample size from the formula and purchasing the number of lots proposed by
Nike's BA Department, what will be the LCL estimate of profits?
670,379.42
Question 4
For a sample of size 60, what is the point estimate of profits?
617,797.44
Question 5
Using the sample size from the formula, what is the UCL of profits?
678,521.67
EXAM
Question 1
This study source was downloaded by 100000901307859 from CourseHero.com on 11-14-2025 05:36:03 GMT -06:00
https://www.coursehero.com/file/250909887/Management-Science-Exam-2docx/