Final answer:
The question pertains to the business discipline of operations management, specifically inventory management, and requires calculating the optimal order quantity for a unisex summer wear product considering cost, selling price, and demand variability.
Step-by-step explanation:
The Lands Beginning Company is dealing with an operations management problem. Specifically, they must decide how many units of unisex summer wear to order based on a projected demand with given costs and standard deviation. The company stands to make a profit on each unit sold at $100, and if a unit is not sold, it will be sent to an outlet store at a reduced price of $75 with additional holding and transfer costs of $15 per unsold unit.
In order to answer the question related to how many units Lands Beginning Company should order, one would typically use a statistical decision model that could include elements of a newsvendor model, considering the cost of overstocking against the cost of potential missed sales due to understocking and the variability in demand represented by the standard deviation. This problem incorporates knowing the projected demand, standard deviation of the demand, costs of the units, and the discount price for unsold units, which is a classic business school exercise related to inventory management and pricing strategy.