The Perfume Order Decision
unconventional
What this case is about
A perfume retailer must decide how much inventory to order at the start of the year and cannot adjust the order mid-year. Demand is uncertain and takes one of three discrete values. The retailer wants to choose the order quantity that maximizes expected profit.
Objective
Calculate expected profit for each available order quantity and recommend a profit-maximizing choice, explaining any tie.
Skills this case tests
Structuring the problem
Working the numbers
Judgement and recommendation
This is an interview practice scenario. Figures in the brief are case inputs, not current market research.