Read the problem below and then identify the type of invento…
Read the problem below and then identify the type of inventory model that should be applied ZD Sporting Apparel prints up novelty T-shirts commemorating major sports events (e.g. the Super Bowl, the World Series, UCF winning the NCAA Basketball tournament). The T-shirts cost $5 to make and distribute and sell for $20. Company policy is to dispose of any excess inventory after the event by discounting the T-shorts by 80 percent. In 1994, ZD printed T-shirts for the World Cup soccer playoffs in Chicago. It estimated demand at 12,000 shirts, with a significant amount of uncertainty. Because of this uncertainty, ZD printed only 10,000 shirts. Which inventory model would you have used to figure out the quantity of shirts to print?