Question: A retailer planning to sell jackets during winter faces the following probability distribution of demand for jackets:The retailer buys each jacket for $ 4 0

A retailer planning to sell jackets during winter faces the following probability distribution of demand for jackets:The retailer buys each jacket for $400 and sells it for $600.The retailer sells any leftover jacket in the spring sale at $300. In order to increase service level, the supplier offers the retailer additional 5y of each jacket the retailer is able to sell during the winter season. Which of the following value of y will result in the optimal service level of 80%$0$100$200$300

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