Question: 1 2 . 6 7 9 . The J&B Card Shop sells calendars featuring a different colonial picture for each month. The once - a
The J&B Card Shop sells calendars featuring a different colonial picture for each month. The onceayear order for each year's calendar arrives in September. From past experience the SeptembertoJuly demand for the calendars can be approximated by a normal distribution with and standard deviation The calendars cost $ each, and J&B sells them for $ each. Use the Single Period Inventory Excel template in MindTap to answer the following:
a Suppose that J&B throws out all unsold calen
dars at the end of July. How many calendars should be ordered?
b If & sells any surplus calendars for $ at the end of July and can sell all of them at this price, how many calendars should be ordered?
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