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<p>
In this game, you will be taking on the role of inventory planner for a company. You must decide how many units of a product you want to order and stock to sell to your customers. 

<p>
You are releasing 12 new products. This firm has an expected demand distribution for each product based on a long-term forecast but expects to update the forecasted demand distribution closer to product release as they do additional research on how well each product is predicted to perform in the market. 
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<p>
You are making your decision under uncertainty. This means at the time of the order decisions you do not know the exact demand the product will realize. However, you do know the probability distribution of the demand of the period you are ordering for. The demand for each product will be shown by a distribution curve, shown on the decision-making page. The initial demand distribution will be the same for all products but may update closer to the time of actual demand. Demand is independent between each of the products.
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<p>
You need to make an initial order for each of the products from your suppliers now, but you will have the option of changing your initial orders when the demand forecast has been updated. There may be a change fee if you decide to change your order. There are three things that can be updated closer to the time of realized demand: the forecasted average demand, the forecasted standard deviation, and the purchase price of the products from the supplier.   
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<p>
Once actual demands are realized, profit for all products will be calculated. If you purchased too few units to fulfill a product’s demand, the unfulfilled demand is lost. For example:
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<p>
Number of product purchased: 30 units 
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<p>
Demand realized: 80 units
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<p>
Units sold: 30 units 
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<p>
Unfilled demand: 80 - 30 = 50 units 
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<p>
You are trying to maximize your profits in this experiment. If you decide to keep your initial order, your profit is calculated as follows: 
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<p>
Profit per SKU= (selling price x units sold) - (purchasing price x order) 
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<p>
However, you will have the option of changing your order closer to realized demand, for a change fee. If you decide to use this option, your profit will be calculated as follows: 
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<p>
Profit per SKU= (selling price x units sold) - (purchasing price x order) – change fee
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<p>
Therefore, profit = revenue - purchase costs – change fee
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