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Author Question: Suppose that a newspaper stand is operating under the following conditions; papers cost $.4, have no ... (Read 69 times)

Yi-Chen

  • Hero Member
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  • Posts: 550
on: Dec 3, 2019

Question 1

A local club is selling Christmas trees and deciding how many to stock for the month of December. If demand is normally distributed with a mean of 100 and standard deviation of 20, trees have no salvage value at the end of the month, trees cost $20, and trees sell for $50 what is the service level?
◦ .84
◦ .20
◦ .40
◦ .60
◦ unable to determine given the above information

Question 2

Suppose that a newspaper stand is operating under the following conditions; papers cost $.4, have no salvage value, and sell for $.80. If the salvage value is increased by $.1, what is the increase in service level?
◦ 0
◦ .5
◦ .07
◦ 1
◦ unable to determine given only the above information
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Marked as best answer by Yi-Chen on Dec 3, 2019

srodz

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Reply #1 on: Dec 3, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Yi-Chen

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  • Posts: 550
Reply 2 on: Dec 3, 2019
YES! Correct, THANKS for helping me on my review

ktidd

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Reply 3 on: Yesterday
:D TYSM

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