Demand for doughnut holes on Saturdays at Dons Doughnut Shoppe is shown in the following table. Demand
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Question:
Demand for doughnut holes on Saturdays at Don’s Doughnut Shoppe is shown in the following table.
Demand (dozens) | Relative Frequency | Demand (dozens) | Relative Frequency |
19 | .02 | 25 | .10 |
20 | .06 | 26 | .14 |
21 | .17 | 27 | .10 |
22 | .02 | 28 | .03 |
23 | .14 | 29 | .05 |
24 | .17 | ||
a-1. Determine the optimal number of doughnut holes, in dozens, to stock if labor, materials, and overhead are estimated to be $4.80 per dozen, doughnut holes are sold for $6.40 per dozen, and leftover doughnut holes at the end of each day are sold the next day at half price. (Round your answer to the nearest whole number.)
Optional number of doghnuts: ???
What is the resulting service level: ???
Related Book For
Applied Regression Analysis and Other Multivariable Methods
ISBN: 978-1285051086
5th edition
Authors: David G. Kleinbaum, Lawrence L. Kupper, Azhar Nizam, Eli S. Rosenberg
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