Party Animals orders 5,200 stuffed giraffes per year,at $6 per tiger,FOB destination.Party Animals earns 3% on its cash investments.The purchase order lead time is 4 weeks.The following data are available:

Required:
What is the cost of the prediction error?

Question

Party Animals orders 5,200 stuffed giraffes per year,at $6 per tiger,FOB destination.Party Animals earns 3% on its cash investments.The purchase order lead time is 4 weeks.The following data are available:
  
Required:
What is the cost of the prediction error?

Quizplus · Accepted Answer

The Answer of Party Animals orders 5,200 stuffed giraffes per year,at $6 per tiger,FOB destination.Party Animals earns 3% on its cash investments.The purchase order lead time is 4 weeks.The following data are available:
  
Required:
What is the cost of the prediction error?

Party Animals Orders 5,200 Stuffed Giraffes Per Year,at $6 Per