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Industry 4.0 · End Term · 10 May 2026 · January 2026 term

Question 14: Colony Shop is stocking heavy coats for next winter. Col…

Question 14

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Colony Shop is stocking heavy coats for next winter. Colony pays 50forcoatandsellsitfor50 for coat and sells it for 110. At the end of the winter season, Colony Shop offers the coats at $55 each. The demand for coats during the winter season is more than 20 but less than or equal to 30, all with equal probabilities. Determine the optimal order quantity that will maximize revenue for Colony Shop. Consider demand to be continuous.

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Question 14 of 34 in the IIT Madras BS Industry 4.0 (Industry 4.0) End Term paper sat on 10 May 2026, in the January 2026 term (Industry 4.0 06 May 26). It carries 2 marks.

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