Question: A retailer has determined that the overage cost for a product is $56 and the underage cost is $72. Demand is normally distributed (mean =

A retailer has determined that the overage cost

A retailer has determined that the overage cost for a product is $56 and the underage cost is $72. Demand is normally distributed (mean = 530, standard deviation = 103). = Round your answer to the nearest whole number. What is the optimal order quantity? units Demand for a product is normally distributed with a mean of 730 and a standard deviation of 77. The manager orders 815 units. Round your answer to four decimal places. What is the stockout probability? Demand for a product is normally distributed with a mean of 10,800 and a standard deviation of 1,300. The newsvendor wants to achieve an in-stock probability of 0.95. Roundup your answer to the next whole number. How many units should be ordered? units

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