Question: 1 2 . 6 7 9 . The J&B Card Shop sells calendars featuring a different colonial picture for each month. The once - a

12.679. The J&B Card Shop sells calendars featuring a different colonial picture for each month. The once-a-year order for each year's calendar arrives in September. From past experience the September-to-July demand for the calendars can be approximated by a normal distribution with =300 and standard deviation =20. The calendars cost $6.50 each, and J&B sells them for $15 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 J&B sells any surplus calendars for $1 at the end of July and can sell all of them at this price, how many calendars should be ordered?
 12.679. The J&B Card Shop sells calendars featuring a different colonial

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